Waste

Veolia acquires Clean Earth

Veolia, a leader in environmental services, has completed the financial close of its acquisition of Clean Earth, a hazardous waste management firm operating in a sector that has become increasingly critical for industrial competitiveness, public health and environmental security in the U.S. and worldwide.

This transaction doubles Veolia’s footprint in the hazardous waste sector in the U.S. and brings the company’s overall revenue in the U.S. to $6.3 billion, thereby strengthening its global presence while enhancing its ability to deliver new services, efficiency gains and integrated solutions to its customers. Already a world’s leader of hazardous waste services and technologies, the Group now becomes the second-largest player in the U.S., opening a new phase of growth for the company in the country. The transaction is expected to be accretive from 2027 excluding Purchase Price Allocation adjustments, and confirms all announced financial objectives related to the integration including expected synergies.

Hazardous waste treatment has become a strategic sector in the U.S., driven by rising industrial demand, tighter environmental standards and the expansion of high-growth industries requiring specialized treatment solutions.

Published July 2026

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