ECO: CVC DIF Acquires 49.9% Stake in Singapore's Leading Waste Manager

CVC DIF, the infrastructure arm of global private markets manager CVC, has announced its first investment in Asia by acquiring a 49.9% stake in ECO, Singapore's leading hazardous waste management company. The remaining 50.1% stake will remain with Sch Environnement, allowing both companies to leverage their collective expertise in waste management and the circular economy. ECO, known for innovation and technology, serves a diverse client base and operates with a waste processing capacity of 649,000 tonnes per year. Through DIF Infrastructure VII, CVC DIF aims to bolster ECO's growth and strengthen its position as a leader in sustainable infrastructure across Southeast Asia. This strategic partnership underscores the commitment to sustainable development and leveraging regional opportunities through CVC’s extensive local office network and sector relationships. Key executives like Gijs Voskuyl of CVC DIF and Alvin Lim of CVC Asia have expressed their strategic enthusiasm, while Sch Environnement, led by CEO Maxime Sch, looks forward to the shared growth vision for ECO.