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GE sold Water & Process Technologies to SUEZ for $3.4 billion

Staff Writer |
GE announced it completed the closing of the sale of GE Water & Process Technologies to SUEZ for $3.4 billion.

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At the end of October 2016, GE announced plans to sell its Water & Process Technologies business, in part due to the overlap of certain product lines with the Baker Hughes business.

The merger of Baker Hughes and GE was officially announced on July 3, 2017.

GE Water & Process Technologies is a worldwide leading systems and services provider for industrial clients, supplying state-of-the art water, waste-water and process systems solutions to blue-chip customers.

GE Water & Process Technologies generated approximately $2.1 billion in revenues in 2016 with approximately 7,500 employees.

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