SUEZ ENVIRONNEMENT announces new acquisition with Derceto
Through its subsidiary Ondeo Systems, SUEZ ENVIRONNEMENT has finalized the acquisition of Derceto.
Sept. 23, 2014 -- Through its subsidiary Ondeo Systems, SUEZ ENVIRONNEMENT, the world's largest pure environmental services company, has finalized the acquisition of Derceto, a specialist in solutions for minimizing the energy cost of drinking water production and distribution systems. Based in Auckland, New Zealand, the company has around 20 employees with offices in the United States, Canada and the UK.
Faced with regulatory changes and the rapid rise in energy costs, reducing energy consumption is a priority for local authorities. In response to this challenge, Derceto has developed a solution for minimizing energy costs for drinking water utilities. The production and distribution of drinking water is a significant energy consumption item for local authorities, as 40 percent of total operating costs are energy-related. Of all the consumption items, pumping can account for up to 80 percent of those expenses.
Connected to a drinking water utility's monitoring and control system, Derceto's solution accesses electricity tariffs in real-time and updates the forecasts for drinking water demand. Using these forecasts, it derives the optimal pumping strategy for the next 24 to 48 hours, updated every 30 minutes, thus ensuring the highest economic efficiency for drinking water supply 24 hours a day, seven days a week.
With this acquisition, SUEZ ENVIRONNEMENT boosts its ability to support local authorities to sustainably manage their resources by offering a comprehensive solution for optimizing the performance of drinking water networks. The software developed by Derceto actually integrates with Aquadvanced, the innovation launched in June 2014 dedicated to optimizing the performance of drinking water networks and, now, of energy management.
Through this acquisition, SUEZ ENVIRONNEMENT, leader in New Services in Europe, supplements its portfolio of solutions and strengthens its international presence. This acquisition is thus keeping with the company's strategy to make NewServices one of its four strategic development priorities. The group expects its average annual revenue to grow by more than 10 percent per year in this market.
About SUEZ ENVIRONNEMENT
Natural resources are not infinite. Each day, SUEZ ENVIRONNEMENT (Paris: SEV, Brussels: SEVB) and its subsidiaries deal with the challenge of protecting resources by providing innovative solutions to industry and to millions of people. SUEZ ENVIRONNEMENT supplies drinking water to 92 million people, provides wastewater treatment services for 65 million people and collects the waste produced by 52 million people. SUEZ ENVIRONNEMENT has 79,550 employees and, with its presence on five continents, is a world leader exclusively dedicated to water and waste management services. For more information, visit www.suez-environnement.com.