Suez in negotiations with Schwarz Group subsidiary
September 28, 2020
French Suez group is in talks with the german-based recycling group PreZero Wertstoffmanagement, a subsidiary Lidl and Kaufland owner Schwartz Group. Accordingly, the French party, which itself is targeted by French water and waste management company Veolia is trying to take over the German party. With its subsidiary Prezero, Schwarz is active in the Netherlands and Poland, where it employs over 3,000 FTEs. The target with a total of 80 sites generated revenues of EUR 500m.
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