Skip to main content

Veolia sells stake in Danish company

Denmark – French waste management and recycling giant Veolia Environnement has sold its 65% stake in Marius Pedersen Group of Denmark for Euro 240 million (US$ 325 million).

According to Veolia, the sale to the Marius Pedersen Foundation is part of its plan to reduce its debt through divesting non-core assets. At the same time, Veolia says it has developed a strategy to refocus its efforts on sectors and geographic regions that bring a higher value for stakeholders.

Marius Pedersen Group provides solid waste management services in Denmark, the Czech Republic and Slovakia. The Marius Pedersen Foundation owns the remaining 35% of the Marius Pedersen Group.

For more information, visit:

Don't hesitate to contact us to share your input and ideas. Subscribe to the magazine or (free) newsletter.

You might find this interesting too

‘Let AI boost recycling’
Hydro banks on green aluminium in Spain
Fire at French battery recycler

Leave a Reply

Your email address will not be published. Required fields are marked *

This site uses Akismet to reduce spam. Learn how your comment data is processed.

Subscribe now and get a full year for just €169 (normal rate is €225) Subscribe