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Veolia to Buy U.S. Hazardous-Waste Specialist Clean Earth in $3 Billion Deal

French waste-management giant Veolia Environnement has taken a major step toward expanding its footprint in the American environmental services market with its agreement to acquire U.S. hazardous-waste specialist Clean Earth from Enviri. The $3 billion deal, which includes debt, marks one of the most significant transactions in the waste-management industry in recent years. Veolia said the acquisition will deliver $120 million in synergies within four years, underscoring both the financial and strategic importance of this move as the company positions itself more firmly within the rapidly growing hazardous-waste sector.

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