EQT Infrastructure, through its EQT Infrastructure III and IV funds, has agreed to sell 50 percent of its stake in Saur to a consortium consisting of DIF Capital Partners and Dutch pension fund service provider PGGM. Financial terms were not disclosed.
Headquartered in Paris, Saur is a service provider in the global water sector, working alongside thousands of municipalities across the globe to deliver drinking water and collect wastewater for more than 20 million people. The company provides integrated water infrastructure solutions to hundreds of international blue-chip customers. Saur is present in more than 20 countries and enjoys strong market positions with long-term contracts in France, Portugal, Spain and the Middle East.
DIF and PGGM will each acquire 25 percent of EQT Infrastructure’s shares.
“In times of rising concerns around water scarcity, Saur is a critical pillar in the societies it operates in, providing local municipalities and their citize