Strategic development in Ile-de-France with the acquisition of the Osis-IDF Commune Agency, a benchmark sanitation operator – .

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CHANGÉ, France– (COMMERCIAL THREAD) –Regulatory news:

Séché Environnement (Paris: SCHP) announces that it has entered into an agreement with the Veolia group for the acquisition of eight operational centers specializing in the maintenance of sanitation networks and installations, owned by Osis-IDF, a subsidiary of the Veolia group.

For Séché, the acquisition of these eight centers grouped under the name “Agence Osis-IDF Commune” completes its offer of environmental services with promising new companies and extends its geographical network to the Ile-de-France region through a company leader in its markets.

With eight centers anchoring it in the heart of the Ile-de-France region, the Osis-IDF Commune Agency specializes in the maintenance of sanitation networks and equipment and benefits from a well-distributed network which allows it to serve a diversified and recurring clientele. clientele which mainly brings together communities, public entities, water distribution operators, but also manufacturers and real estate professionals. Thanks to its 218 highly qualified field staff and its fleet of technical vehicles enabling it to provide a wide range of services, this Agency is positioned as a leading operator in the most technical markets.

Driven by growing markets that favor innovative and digitized operators, the Osis-IDF Commune Agency has seen steady growth in its revenues. This growth is also based on a portfolio of secure and very recurring contracts.

For Maxime Séché, CEO of Séché Environnement: “The acquisition of the Osis-IDF Commune Agency represents a major opportunity to strengthen our positions in Ile-de-France, where we are already present in the soil remediation markets – like those in Greater Paris – by placing ourselves significantly on promising markets for sanitation and the collection of hazardous and ordinary waste. Thanks to its new and perfectly complementary activities, this Agency is expanding our range of environmental services and making it possible to implement commercial and industrial synergies extended to all of the Group’s businesses towards new customers in the Capital Region. In addition, the agency will be able to rely on our industrial tools and our portfolio of clients to accelerate its profitable growth on a national scale in the years to come. »

Steadily growing with an average annual increase in turnover of + 7% since 2017 -excluding 2020-, the Municipality of Osis-IDF of the Agency should achieve a turnover of € 27 million over the fiscal year in progress, with growth of around 10% compared to 2020. EBITDA expected for 2021 is around € 4 million, with EBIT of the same order.

Séché Environnement has made an irrevocable commitment to Osis-IDF to acquire its Commune d’Agence, subject, among other things, to the approval of the Competition Authority and compliance with the information obligations of the Staff Representative Bodies.

Consequently, the acquisition should be finalized in early 2022. It will be financed from the Group’s available cash, without significant impact on the liquidity position or on financial leverage.

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About Séché Environnement

Séché Environnement is a world reference in the treatment and recovery of all types of waste, including the most complex and hazardous waste, as well as in pollution control operations serving the environment and health. A family-owned and French industrial group, Séché Environnement’s action has been focused for more than 35 years on industrial and territorial ecology by using innovative technologies developed by its R&D. The Group’s unique expertise is deployed in more than 100 sites around the world, including around 40 industrial sites in France. The Group has 4,600 employees, including 2,000 in France, and generated sales of around € 675 million in 2020, of which around 25% abroad, driven by a dynamic of growth both internally and ‘external through numerous acquisitions. Thanks to its expertise in the creation of circular economy loops, the treatment of pollutants and greenhouse gases, and the control of dangerousness, the group contributes directly to the protection of life and biodiversity, an area strong commitment to the group since its creation

Séché Environnement has been listed on Eurolist by Euronext (compartment B) since November 27, 1997.

The share is eligible for the PEA-PME (share savings plan to finance SMEs) and is part of the CAC Mid & Small and Enternext PEA-PME 150 indices. ISIN: FR 0000039139 – Bloomberg: SCHP.FP – Reuters: CCHE.PA


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