At the visit to the Suez Recycling & Recovery Landfill facility on 20th September, many people wondered about the company and whether if it was connected to the Suez canal.
The answer is Yes and thanks to Danielle Acton for providing this summary.
In 1858 a French engineer Ferdinand de Lesseps founded the company Compagnie Universelle du Canal maritime de SUEZ, which built and operated Suez Canal for the following nearly 100 years.
In 1956 the Canal was nationalized and the company became the financial group Compagnie financière de SUEZ. It changed its objectives and focused the activities on the financial, particularly bank and investment domains.
Over the years the company consolidated its position and became a very stable and powerful company, especially in financial services and industry.
Lyonnaise des Eaux (1880)
Lyonnaise des Eaux originated in France in 1880 as Lyonnaise des Eaux et de l’Eclairage – The company for water supply and urban lighting.
It gained its very first contract on the Côte d’Azur in the town of Cannes. Until 1914 it gradually extended its activities and focused on production and distribution of water, power and gas.
Between the World Wars it started business expansion into North and Central Africa and the Pacific.
After the electricity industry was nationalised in France in 1945 the company concentrated its activities on environmental services – water management, waste management and later urban heating.
In the 1980s a successful development of Lyonnaise des Eaux started in the water management sector in international markets – Great Britain, Spain, the USA, Macao, etc.
In the early 1990s Lyonnaise des Eaux merged with an important group – Dumez– and enlarged the range of its services moving into construction.and started operating in Central and Eastern Europe : the Czech Republic, Hungary, Poland, etc.
Lyonnaise des Eaux became the world leader in water management and a partner to important cities all over the world : Buenos Aires, Paris, Sydney, Brno, Budapest, Manila, Casablanca, Jakarta, Santiago de Chile, Barcelona, etc.
SUEZ Lyonnaise des Eaux (1997)
Lyonnaise des Eaux and SUEZ merged in 1997 and changed the group name to SUEZ Lyonnaise des Eaux. It was the logical conclusion of existing cooperation between the 2 groups for more than 30 years.
The power of the financial group SUEZ and the experience of Lyonnaise des Eaux led to further development into a multinational company.
In 2001 the group SUEZ Lyonnaise des Eaux changed its name to SUEZ and the water division became known as ONDEO.
SUEZ environnement (2002)
In 2002 the water management activities and waste management activities were combined and SUEZ Environnement was created.
GDF SUEZ (2008)
In 2008, Gaz de France and Suez merged, creating the largest energy group in Europe and a new entity : GDF SUEZ – which changed its name to ENGIE – in 2015.
SUEZ environnement (2008)
Simultaneously with the merger, the environmental activities were allocated (water and waste management) to a newly created company SUEZ Environnement.
In 2015, the SUEZ environnement group was renamed and all trade marks unified under the common name SUEZ.