Sembcorp acquires Veolia's public cleaning business for S$28 mil

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SINGAPORE (Jan 3): Sembcorp Industries is acquiring a 100% stake in Veolia ES Singapore (VESS) and its public cleaning business for S$28 million.

The sale & purchase agreement of Veolia ES Singapore Industrial (VESSI) was signed between Sembcorp's wholly-owned subsidiary SembWaste and Veolia Environmental Services Asia.

VESSI holds contracts for public and commercial waste and recyclable collections covering recovery and recycling, public and commercial cleaning services, as well as...(click on link for full story on