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  6. Veolia Environnement Acquires Icetec

M&A Deal Summary

Veolia Environnement Acquires Icetec

On July 17, 2025, Veolia Environnement acquired energy services and equipment company Icetec

Acquisition Highlights
  • This is Veolia Environnement’s 2nd transaction in the Energy Services and Equipment sector.
  • This is Veolia Environnement’s 9th transaction in the United States.
  • This is Veolia Environnement’s 1st transaction in Pennsylvania.

M&A Deal Summary
Date 2025-07-17
Target Icetec
Sector Energy Services and Equipment
Buyer(s) Veolia Environnement
Deal Type Add-on Acquisition

Target

Icetec

Boothwyn, Pennsylvania, United States
Icetec is a digital and distributed energy management company focused on generating quantified energy savings and operational improvement for customers. Icetec is based in Boothwyn, Pennsylvania.

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Buyer(S) 1

Buyer

Veolia Environnement

Paris, France
Category Company
Founded 1853
Sector Consumer Services
Employees202,332
Revenue 44.7B EUR (2024)
DESCRIPTION

Veolia Environnement provides industrial cleaning, mechanical and maintenance services, and environmental waste management solutions. Veolia Environnement was founded in 1853 and is based in Paris, France.

DEAL STATS #
Overall 20 of 20
Sector: Energy Services and Equipment M&A 2 of 2
Type: Add-on Acquisition M&A Deals 15 of 15
State: Pennsylvania M&A 1 of 1
Country: United States M&A 9 of 9
Year: 2025 M&A 4 of 4
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2025-06-26 INGENIUM

California, United States

INGENIUM is a waste management service firm specializing in packaging, transportation, recycling and disposal of hazardous, non-hazardous, biological, universal, and radioactive waste.

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