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GE Water & Process Technologies and Zenon Environmental acquires Zenon

Date Closed

May 31, 2006

Lead Office



656.00 Million USD

On May 31, 2006, GE Water & Process Technologies, a unit of General Electric Company and ZENON Environmental Inc., purchased Zenon and signed an agreement in connection with the acquisition by way of Plan of Arrangement in an all cash transaction for C$24.00  per share, valuing the transaction at approximately C$760 million, or US$656 million. ZENON is a global leader in advanced membranes for water purification, wastewater treatment and water reuse to municipalities and industries worldwide.

McCarthy Tétrault LLP advised GE Water & Process Technologies. The team was led by G. Cowper-Smith.