Smart Water business intelligence week 20/01/2025
Market
The water sector was marked by major mergers and acquisitions in 2024, a sign of continued momentum in a vital and rapidly evolving sector. As climate change, regulatory pressures, and aging infrastructure challenge water utilities and technology providers, M&A has become a strategic tool for companies looking to innovate, evolve, and expand into new markets. This year’s notable deals highlight key trends shaping the future of the sector:
Major acquisitions in the water sector in 2024
Technology
Microplastics can pass through wastewater treatment plants, and researchers at the University of Waterloo (Canada) have engineered bacteria commonly found in these plants to break down this pollution before it lingers in the environment:
Removing microplastics with engineered bacteria
Regulation
Complément d’enquête visited Haute-Savoie, where the Tefal group, famous for its non-stick frying pans, has been singled out for having discharged, for decades, significant quantities of sludge contaminated with eternal pollutants (PFAS):
Financing
The World Bank Board of Directors approved financing of $257.8 million to improve water supply services in the Greater Beirut and Mount Lebanon area. The Second Greater Beirut Water Supply Project (SGBWSP) will complete critical water infrastructure, improve water quality, reduce reliance on costly private water sources, and advance the implementation of reforms to improve the efficiency and long-term sustainability of the water sector: