Veolia Expands PFAS Treatment Leadership in Australia

Veolia has announced its acquisition of Enviropacific, a leading Australian soil remediation company owned by Next Capital, for approximately AUD 220 million. This strategic move enhances Veolia's capabilities in remediation, water treatment, and hazardous waste management across Australia. The transaction aligns with Veolia's global GreenUp strategy and pursuit of €1 billion in revenue from PFAS and micropollutants treatment by 2030.

PFAS contamination, largely stemming from firefighting foams, is a significant issue in Australia and globally. Veolia has been at the forefront of PFAS treatment in Australia for over 20 years and is committed to expanding its reach and solutions in this area. The acquisition enables Veolia to integrate Enviropacific's client base and enhance its presence in high-growth remediation markets.

This acquisition strengthens Veolia's position in environmental security and supports its ongoing efforts to provide advanced treatment solutions for emerging contaminants. CEO Estelle Brachlianoff emphasized the importance of this move in reinforcing Veolia's leadership in offering innovative, high-performance environmental solutions.