Suez in Sweden has rebranded to PreZero Recycling AB following PreZero’s acquisition of these assets in December 2020. PreZero Recycling AB has 50 sites and 1,100 employees.
As the environmental division of the Schwarz Group, which also includes the retailers Kaufland and Lidl, Germany-based PreZero Stiftung & Co. KG seeks to conserve resources along the entire value chain. With the acquisition of Suez in Sweden, PreZero will employ a total of approximately 4,800 employees in Germany, Poland the Netherlands, Belgium, Sweden, Austria, Italy and the USA.
In September of last year, PreZero announced its plans to acquire Paris-based Suez‘s Recycling and Recovery operations in the Netherlands, Luxembourg, Germany and Poland. The deal excluded Suez’s plastic recycling and hazardous waste treatment activities. At that time, the companies said they also have entered into a memorandum of understanding to explore possibilities to develop strategic partnerships and promote innovative waste management.
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