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06/2024100%

Eco Corporate Environmental Engineering acquired by Seche Environnement

SINGAPORE Utilities (Regulated Infrastructure) / Waste Management / Hazardous Waste EV €500M–1.5bn

Context

Seche Environnement has signed an agreement to acquire Eco Industrial Environmental Engineering, the leading player in Singapore's hazardous waste market. This strategic entry into Southeast Asia allows the French group to support its industrial clients in a high-growth region. By integrating Eco's specialized treatment and recovery capabilities, Seche significantly strengthens its international footprint and enhances its overall growth and profitability profile.

Eco Corporate Environmental Engineering, which reported an EBITDA margin of [members only] in 2024, is valued in this transaction at an EV/EBITDA multiple of 10x–18x.

Target

Founded in 1995, ECO Industrial Environmental Engineering is the leading operator in Singapore’s hazardous waste recovery and treatment market. The company’s business model covers the entire value chain of the hazardous waste sector, holding an approximately 32% market share. Its value proposition is built on the management of complex industrial waste streams, with nearly 80% of its revenue derived from specialized hazardous waste recovery and 10% from the treatment of sewage sludge for Singapore’s water recycling plants. The organization operates high-performance industrial facilities with a total annual capacity of nearly 440 Kt. Serving a blue-chip industrial client base, the company acts as a critical environmental infrastructure provider in a high-density industrial hub, ensuring the safe neutralization and recycling of specialized waste in compliance with stringent regional environmental standards.

Ent. Value

€500M–1.5bn

Equity Value

[members only]

Multiples

EV / Revenue

4x–10x

EV / EBITDA

10x–18x

EV / EBIT

[members only]

Historical Financials (EUR)

Year
Rev
EBITDA
EBIT
2024
€50–100M
€25–50M
[members only]
2023
€50–100M
€25–50M
[members only]

Other operations with Seche Environnement

Other operations with Seche Environnement
DateAcquirerTargetCountrySector
06/2025SECHE ENVIRONNEMENTGROUPE FLAMMEFRANCEWaste Management
04/2019SECHE ENVIRONNEMENTMECOMERITALYHazardous Waste

Similar deals in Utilities (Regulated Infrastructure)

Similar deals in Utilities (Regulated Infrastructure)
DateAcquirerTargetCountrySector
02/2025IRETIIREN ACQUAITALYWater
01/2025APOLLO GLOBAL MANAGEMENT / BC PARTNERSGFL ENVIRONMENTAL SERVICES BUSINESSCANADAHazardous Waste
06/2024VEOLIAENVIROPACIFICAUSTRALIAHazardous Waste
11/2023PIONEER POINT PARTNERSESKEN RENEWABLESUNITED KINGDOMWaste-to-Energy
09/2023EURAZEO2B SERVICES & INNOVATIONSFRANCEWaste Management
09/2023TPGA-GASUNITED KINGDOMHazardous Waste
08/2021STIRLING SQUARE CAPITAL / DEUTSCHE BETEILIGUNGS (DBAG)ITELYUMITALYWaste Management
06/2021PENNONBRISTOL WATERUNITED KINGDOMWater
06/2021PLATINUM EQUITYURBASERSPAINWaste Management
09/2020ANTIN INFRASTRUCTUREMIYA WATERSPAINWater

REFERENCES

Valuation range: EV €500M–1.5bn

Revenue range: €50–100M

EBITDA range: €25–50M

EV/Revenue range: 4x - 10x

EV/EBITDA range: 10x - 18x

Note: This page provides detailed data on a private equity M&A transaction. Detailed and exact financial metrics for the acquisition of Eco Corporate Environmental Engineering by Seche Environnement are reserved for mynth community members. Register for free to unlock full data.

Authors: This transaction was contributed by a verified mynth contributor and cross-checked against available transaction documents and official company communications.

Acquirer: seche environnement

FAQ

What transaction does this page cover?

This page covers Seche Environnement’s acquisition of 100% of Eco Corporate Environmental Engineering, a Singaporean company specialised in Waste Management, in 2024.

How was the acquisition of Eco Corporate Environmental Engineering by Seche Environnement valued, and what multiples were paid?

mynth displays the transaction’s enterprise value within the €500M–1.5bn band, its EV/EBITDA multiple within the 10x - 18x range, and its EV/revenue multiple within the 4x - 10x range. Exact figures are available to members.

What were Eco Corporate Environmental Engineering’s revenue and EBITDA at the time of the deal?

At the time of the transaction, Eco Corporate Environmental Engineering generated annual revenue estimated in the €50–100M range and EBITDA in the €25–50M bracket (FY 2024). Detailed financial figures are available to members.

What sources support the information on this transaction?

Transaction data and operational intelligence were compiled from independent financial press reporting by specialized M&A publications.

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