Veolia Water

Veolia Water
Company typeDivision
IndustryWater supply, water treatment and sewage treatment
Founded1853 (1853)
HeadquartersParis, France
Key people
Jean-Michel Herrewyn (Chief Executive Officer)[1]
RevenueIncrease€12.5 billion
Number of employees
95,789
ParentVeolia Environnement
SubsidiariesProxiserve
SEDE Environnement
Sétude
Seureca
SIDEF
Veolia Water Solutions & Technologies
Websitewww.veolia.com

Veolia Water (formerly Vivendi Water, originally Compagnie Générale des Eaux) is the water division of the French company Veolia Environnement and a major supplier of water services.[2]

History

On December 14, 1853, the creation of the Compagnie Générale des Eaux was authorized by imperial decree as a public limited company with a capital of 20 million.[3]

In 1889, its first research laboratory was established at 52, rue d’Anjou in Paris, France. Veolia Water’s headquarters are still located at this site.

1918 saw the creation of the SADE (Société Auxiliaire des Distributions d'Eau), specializing in water networks and the delivery of drinking water. In 1953, construction began on a CGE water treatment facility at Clay Lane, near London; by 2001, it one of the world’s largest ultrafiltration plants, supplying water to 750,000 people in the city.

Veolia Water established the Waterforce emergency response team in 1998, prompted by Hurricane Mitch in Nicaragua and the flooding of the Yangtze River in China.

In 1980, CGE expanded into other businesses such as transport and energy services by acquiring other companies. The original CGE water industry remained as the water division of CGE. In 1998, CGE was renamed Vivendi, and in 1999, the environmental divisions of CGE was consolidated under Vivendi Environnement, with the water division renamed Vivendi Water in 1999.[4] In 2003, Vivendi Environnement was renamed Veolia Environnement.[5] Two years later in 2005, Veolia Environnement united its four global divisions (Environmental Services, Energy, Transport and Water) under the Veolia brand. Vivendi Water thus was renamed Veolia Water.[6]

In 2002, Vivendi Water began providing municipal water services in 2002 to major cities such as Indianapolis (USA), Bucharest (Romania), Berlin (Germany) and Shanghai (China).

The UK water supply businesses branded as Veolia Water were sold by Veolia Environnement for £1.2 billion on 28 June 2012 to Rift Acquisitions, an entity established by Morgan Stanley and M&G Investments. Veolia Environnement is using the proceeds of the disposal to reduce its debt, as part of a 5bn-euro debt-reduction programme announced in December 2011 and will retain a 10% stake in the new business Affinity Water for at least five years.[7][8] Affinity Water began operations on 1 October 2012.

Major subsidiaries

Veolia Water’s subsidiaries include:

  • SADE, which to builds and maintains water mains and water networks for delivering and distributing drinking water, and processing waste water.
  • Veolia Water Solutions and Technologies provides services to both local authorities and private industry, aiming to help them to reduce their environmental impact. In 2007 a joint venture between Doshion Limited (A Water Solutions Giant in Gujarat, India) and Veolia Water Solutions and Technologies was signed, thus gave formation to Doshion Veolia Water Solutions.[9] This turned out to not bring any benefits to Veolia's investors and the company's services.
  • Two engineering advisory agencies: Seureca (international) and Setude (France-focused). These agencies specialize in water management, water treatment and the environment.
  • Krüger A/S, Denmark (Annual revenue €177,000,000 (2008))[10][11]

Veolia Water also has joint subsidiaries with other Veolia divisions. With Dalkia, it has Proxiserve. This subsidiary provides home-based services related to heating and water distribution systems. With Veolia Environmental Services, it has SEDE Environnement (management of waste sludge) and SIDEF (Services to Industry for the Treatment of Effluent).[12]

In the media

Further information: Flint water crisis

References

  1. ^ "Veolia Water | Executive board". www.veoliawater.com. Archived from the original on August 22, 2009.
  2. ^ Prud'homme, Alex (2011). The Ripple Effect: The Fate of Fresh Water in the Twenty-First Century (1st ed.). New York: Simon & Schuster. p. 269. ISBN 9781416535454.
  3. ^ "la Générale des Eaux". Libération (in French). December 14, 1994. Retrieved February 3, 2026.
  4. ^ "The history of Veolia : 1950 - 2000". Veolia. Archived from the original on 29 January 2018. Retrieved 29 January 2018.
  5. ^ "The history of Veolia : 2000 - 2010". Veolia. Archived from the original on 29 January 2018. Retrieved 29 January 2018.
  6. ^ "History". Veolia Water. Retrieved 2013-09-15.
  7. ^ "Veolia sells UK water business for £1.2bn". BBC News Online. 28 June 2012. Retrieved 21 September 2012.
  8. ^ "Veolia cède son activité Eau Régulée au Royaume-Uni" (PDF) (Press release) (in French). Veolia Environnement. 28 June 2012. Retrieved 30 September 2012.
  9. ^ "Doshion Veolia Water Solutions PVT Ltd - Company Profile and News". Bloomberg News.
  10. ^ "Krüger A/S | Om os". Kruger.dk. Retrieved 2013-09-15.
  11. ^ "About us". Krüger A/S. Retrieved 2021-10-27.
  12. ^ "Subsidiaries". Veolia Water. Archived from the original on 2011-08-06. Retrieved 2013-09-15.
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