EQT Infrastructure and SAUR have announced that the EQT Infrastructure funds have successfully completed the acquisition of Holding d’Infrastructures des Métiers de l’Environnement (HIME), the holding company of SAUR, a leading French water services management company providing water infrastructure management services for municipalities under long-term contracts.
Announced on 23 July 2018, this transaction has been finalised according to schedule and follows the completion of the necessary standard regulatory approvals and the unanimous assent by SAUR’s Works Councils.
French institutions BNP Paribas and SWEN Capital Partners together with other international co-investors will be minority shareholders alongside EQT Infrastructure in SAUR.
This acquisition represents EQT Infrastructure’s first investment in France.