Biffa Press Office

 Tel: 020 8789 9651

Press & Newsroom

Biffa Belgium Announcement

12th May 2006

Severn Trent Plc announces today that it has agreed to sell Biffa Belgium to Veolia Environmental Services for Euros 45m, approximately £31m. It is hoped to complete the transaction, which is conditional on clearance from the Belgian competition authorities, before the end of June 2006.

Severn Trent announced on 4th April 2006 that it intended to demerge the Biffa waste management business in the UK by the end of the year and that it was considering options for Biffa Belgium, including possible disposal.