Veolia finalizes sale of Lydec stake to Société Régionale Multiservices Casablanca-Settat

Veolia finalizes sale of Lydec stake to Société Régionale Multiservices Casablanca-Settat

Veolia, a global leader in optimized resource management, has announced a significant transaction with Société Régionale Multiservices Casablanca-Settat for the sale of its entire stake in Lydec. This move comes as part of Veolia’s compliance with commitments made to the Moroccan competition authorities following its acquisition of Suez in 2022. Lydec, which has been under […]

Zurn Elkay Water sells subsidiaries with asbestos liabilities to Zilco Holdings

Zurn Elkay Water sells subsidiaries with asbestos liabilities to Zilco Holdings

Zurn Elkay Water Solutions Corporation, a leading Milwaukee-based company in sustainable water management, recently announced the divestiture of four wholly-owned subsidiaries to Zilco Holdings, Inc. This significant move involves transferring subsidiaries with asbestos liabilities and related assets to Zilco Holdings, an entity specializing in the management of such liabilities. Strategic Realignment of Business Assets The […]