Macquarie agrees to acquire Suez Recycling and Recovery UK Group for approximately €2.4 billion
Client(s) Macquarie Asset Management
Jones Day is advising Macquarie Asset Management in the execution of a put option agreement to acquire 100% of the shares of Suez Recycling and Recovery UK Group, for approximately €2.4 billion.
Suez UK, a significant UK waste management business, handles more than 9 million tonnes of domestic, commercial and industrial waste and is the UK's first producer of biomethane transport fuel made from landfill gas. Suez UK's landfill sites account for about three per cent of the UK's renewable energy generation.