PreZero 's industrial activities are spreading to Europe through agreements and acquisitions of companies specializing in recycling and waste treatment
As Danne Toto reports, the company took over the activities of Suez Sweden and changed its name.
Suez in Sweden rebranded to PreZero Recycling AB following PreZero's acquisition of these assets in December 2020. PreZero Recycling AB has 50 processing locations and 1,100 employees.
As the environmental division of the Schwarz Group, which also includes retailers Kaufland and Lidl, Germany-based PreZero Stiftung & Co. KG will enjoy all possible synergies between companies and individual expertise.
With the acquisition of Suez in Sweden, PreZero will have a total of approximately 4,800 employees in Germany, Poland, the Netherlands, Belgium, Sweden, Austria, Italy and the United States.
In September last year, PreZero announced its plans to acquire Suez's recycling and recovery businesses based in Paris, the Netherlands, Luxembourg, Germany and Poland. The agreement excluded Suez's plastic recycling and hazardous waste processing activities.
But at the same time, the companies had declared the preparation of a memorandum of understanding to explore the possibilities of developing strategic partnerships and promoting innovative waste management.