Suez Lyonnaise Des Eaux Completes Nalco Acquisition

Suez Lyonnaise des Eaux today announced that at a meeting of Nalco Chemical Company stockholders, the merger of Nalco and a subsidiary of Suez Lyonnaise was approved, thus completing Suez Lyonnaise's acquisition of Nalco.

With annual revenues of $32.5 billion, Suez Lyonnaise is a leader in private infrastructure services, with operations in more than 120 countries. It is a market leader in the water sector, supplying drinking water to 85 million people and providing wastewater services to 57 million people. The three global core business sectors of Suez Lyonnaise are: energy, water, and waste services.

Based in Naperville, IL, Nalco employs 7,000 people, of which about 3,600 are engineers and technicians with direct customer contact and 300 are researchers located in five R&D centers.

Edited by Tracy Fabre