Suez Environnement Acquires Derceto

Sept. 23, 2014
This acquisition is in line with Suez Environnement’s strategy to make NewServices one of its four strategic development priorities

Suez Environnement, through its subsidiary Ondeo Systems, has finalized the acquisition of Derceto. Based in Auckland, New Zealand, the company has some 20 employees with offices in the U.S., Canada and the U.K.

Faced with regulatory changes and the rapid rise in energy costs, reducing energy consumption is a priority for local authorities. In response to this challenge, Derceto has developed a solution for minimizing energy costs for drinking water utilities. Connected to a drinking water utility’s monitoring & control system, Derceto’s solution accesses electricity tariffs in real time and updates the forecasts for drinking water demand. Using these forecasts, it derives the optimal pumping strategy for the next 24 to 48 hours, updated every 30 minutes.

With this acquisition, Suez Environnement boosts its ability to support local authorities to sustainably manage their resources by offering a comprehensive solution for optimizing the performance of drinking water networks. The software developed by Derceto integrates with Aquadvanced, launched in June 2014 dedicated to optimizing the performance of drinking water networks and, now, of energy management.

Through this acquisition, Suez Environnement supplements its portfolio of solutions and strengthens its international presence. This acquisition is in line with Suez Environnement’s strategy to make NewServices one of its four strategic development priorities. The group expects its average annual revenue to grow by more than 10% a year in this market.

Source: Suez Environnement

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