Extract from Family-Owned Watchlist

The below story was originally featured in our Weekly Family-Owned Watchlist update - a part of M&A Insights. Selected stories, including this one, are posted to our website with a few weeks of delay.
PreZero plans market entry in Sweden - exclusivity agreement with Suez
September 23, 2020
113,300,000
Revenue (EUR 000')
0.0
EBITDA (EUR 000')
7.9%
3Y Sales CAGR
Germany
Country
Supermarkets
Industry
Dieter Schwarz
Key Shareholder ("KS")
99
Age of KS (estm.)
Ownership
Next generation's role
PreZero, the environmental division of the family-owned giant Schwarz Group, is continuing its growth strategy and intends to further expand its position in the industry with a new market entry in Europe. Together with Suez, PreZero announced that an exclusivity agreement has been signed for the purchase of Suez's waste management and recycling business in Sweden, SUEZ Recycling AB, which employs 1,100 FTEs and had revenue of EUR 249.0m and EUR 30.4m in FY19.
Our insights have been covered by: