Acquisition of ECO, Singapore's Leading Hazardous Waste Company [Yahoo! Finance]
BNP PARIBAS SPONS ADR (BNPQY)
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Source: Yahoo! Finance
view to acquiring ECO Industrial Environmental Engineering Pte Ltd ("ECO"), the leading player in the hazardous industrial waste market in Singapore. With the widest range of products and services on offer, a loyal customer base of core industries and the latest high-performance industrial facilities, ECO will give Séché a major position in a dynamic industrial region where the Group was previously less active. This acquisition is fully in line with Séché's ambition to support its core industrial customers in the dynamic hazardous industrial waste markets of Southeast Asia. An accretive transaction, this acquisition reinforces the Group's prospects for growth and profitability. Present since 1995 across the entire value chain in the hazardous waste business, and with a market share of around 32%, ECO is today the number one operator in Singapore's hazardous waste recovery and treatment markets, well ahead of its main competitors in terms of installed capacity, volumes handled,
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