Suez SA (formerly Suez Environnement) is a French-based utility company which operates largely in the water and waste management sectors. The company has its head office in La Défense, Paris.[1] In 2015, all the group's brands became Suez.[2]
History
Formerly an operating division of Suez, the company was spun out as a stand-alone entity as part of the merger to form GDF Suez (now Engie) on 22 July 2008.[3] Engie remained the largest shareholder of the company with a 35% stake.[3] On the stock market, Suez Environnement's share price increased 40% in value on its first day.[4]
In April 2014, Suez Environnement signed three major water treatment contracts in India worth 61 million euros.[5] In July 2015, the group Suez Environnement simplified its name to become Suez, after the group GDF-Suez changed its name to Engie, leaving the name Suez available again.[6] In September 2015, Suez acquired Sembcorp's 40% stake in the companies' common joint-venture to provide water treatment and waste management in Australia.[7]
On 1 October 2017 Suez bought the Water & Process Technologies unit from GE Power for 3.4 billion dollars [8] and formed a new business unit called Suez Water Technologies & Solutions. Suez shares are listed on the Euronext exchanges in Paris and Brussels.
In 2022, the consulting firm Bioentech, founded in partnership with INRAE, was placed into compulsory liquidation. It was subsequently acquired in its entirety by the Suez Group.
Water Technologies and Solutions “WTS” subsidiary
On 14 May 2019 Bertrand Camus was appointed as chief executive officer of Suez.[9]
On 1 February 2022 Suez was acquired by a consortium of shareholders, and a new CEO, Sabrina Soussan, was appointed.
As of 1 August Sabrina Soussan was appointed chairman and chief executive officer of Suez.[10]
- WTS was formed as a 70%-30% joint venture between Suez and CDPQ in 2017, before becoming a subsidiary of Veolia following the Veolia–Suez merger in 2022, with CDPQ keeping its 30% minority stake. In FY2024, WTS achieved revenues of €3.3bn ($3.6bn) and EBITDA of €472M ($511M).
- In 2021 this subsidiary was sold to Veolia along with other Suez entities
Partnership
For several decades, Suez has collaborated with INRAE (France's National Research Institute for Agriculture, Food, and Environment). Notably, they jointly founded the consulting firm Bioentech in Saint-Malo.[11][12]
Financial results
Financial results in millions of euros:[13]
Main key figures
Key figures for the group in 2025:[14]
- revenue: €9.5 billion;
- 40,000 employees;
- 40 countries;
- 67 million people worldwide benefit from drinking water
- 36 million people worldwide benefit from sanitation
- 8,7 TWh of energy produced from waste and wastewater
- 1,300 experts and more than 1,800 patents
- 10 technical and innovation centers and R&D centers in Europe and Asia
Company governance
The executive committee is made up of:[15]
- Xavier Girre: CEO
- Arnaud Bazire, EVP Water France
- Stéphanie Cau, EVP Group Communications & Chairwoman of SUEZ Foundation
- Jean-Pierre Fouilloux, EVP Engineering & Construction
- Laurent-Guillaume Guerra, EVP Human Resources, Health&Safety and EIR
- David Lamy, EVP Recycling & Recovery France
- Anne-Sophie Le Lay, EVP Chief Legal Officer
- Bénédicte Liénard, EVP Group Transformation
- Pierre Pauliac, EVP International
- Nathalie Pivet, EVP Group Chief Finance and Sustainable Development Officer
- John Scanlon, EVP UK
Shareholder structure
In April 2025, the shareholder structure was as follows:[16]
External links
References
- "Legal notice." Suez Environnement. Retrieved on 7 July 2010.^
- SUEZ environnement becomes SUEZ Resource Magazine, retrieved 2021-12-17^
- Marie Maitre. Suez Environnement gushes on Paris market debut Reuters, 22 July 2008, retrieved 2008-07-22^
- UPDATE 1-Suez Environnement gushes on Paris market debut Reuters, 2008-07-22, retrieved 2019-08-10^
- Amrita Nair Ghaswalla. Suez Environnement bags three water treatment projects worth ₹505 crore @businessline, 8 April 2014, retrieved 2019-08-10^
- Suez environnement becomes Suez Resource Magazine, retrieved 2019-08-10^
- Tim Binsted. France's Suez buys Sembcorp out of Australian waste joint venture for $485m The Sydney Morning Herald, 2015-09-21, retrieved 2019-08-10^
- Geert De Clercq. Suez targets industrial water with $3.4 billion GE Water deal Reuters, 2017-03-08, retrieved 2019-08-10^
- Adoption of all the resolutions by the shareholders' meeting of May 14th, 2019 suez.com, 14 May 2019^
- Global Water Intelligence Global Water Intelligence, retrieved 2022-08-29^
- Suez et Inrae : du laboratoire au terrain caissedesdepots.fr, March 10, 2026^
- Energie renouvelable. Le bureau d’études Bioentech repris par Suez ouest-france.fr, October 26, 2022^
- Consolidated Financial Statements of Suez for the fiscal years ended December 31, 2019 and 2018 suez.com, 26 February 2020^
- Suez Group, About us retrieved 10 April 2026^
- Governance - Suez Group suez.com, retrieved 10 April 2026^
- SUEZ website SUEZ, April 10, 2026, retrieved 10 April 2026^