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Suez Environnement Company SA's Degremont Acquires Industrial Water Management France from BASF SE

Tuesday, 14 May 2013 08:00pm EDT 

Suez Environnement Company SA announced that Degremont has signed an agreement to acquire Industrial Water Management France (IWM) from BASF SE. IWM supplies and commercialises conditioning products combined with technical services for cooling circuits and boiler systems and for industrial wastewater treatment. Closing of the transaction is expected to take place during the third quarter of 2013. Financial terms of the agreement were not disclosed. 

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