Actis Reaches Agreement with Veolia (MENA)

Source: Actis, Veolia Environnement

Emerging markets-focused private equity firm Actis has agreed to purchase French environmental solutions provider Veolia Environnement’s Moroccan water, wastewater and electricity services, operated by concession companies Redal and Amendis. The transaction is valued at around EUR370 million (approximately US$482 million).