Veolia NA acquires American Water service contracts

Veolia North America has acquired the rights to 23 water treatment and energy service contracts from American Water Works Company, Inc. for $27 million. The transaction will expand the municipal water business of Veolia as 110 new employees will join its North American operation.

As part of the sale agreement, 23 of American Water’s 33 operations and maintenance (O&M) contracts with municipalities and large industrial customers, along with incumbent employees, will transfer to Veolia.