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A&O Shearman supports CVC DIF on the acquisition of a strategic stake in ECO

A&O Shearman has advised CVC DIF, the infrastructure arm of global private markets manager CVC, on its acquisition of a 49.9% interest in ECO Industrial Environmental Engineering (ECO) from Séché Environment, who will retain a 50.1% share. The transaction is CVC DIF's inaugural investment in Asia.

ECO is a leading hazardous waste management company in Singapore with a strong focus on innovation and technology that serves a diverse customer base of leading industrial companies.

James Mythen, A&O Shearman partner, commented: “We are delighted to have advised CVC DIF on their first investment in Asia. The transaction showcases the robust demand in Singapore and wider Southeast Asia for high quality infrastructure assets. The hazardous waste management sector is critical to sustainable industrial growth and this investment once again highlights the importance of environmental engineering solutions in Asia and the global demand for sustainability. We look forward to continuing to support CVC DIF on their strategic growth in the region.”

The A&O Shearman team was led by partner James Mythen with support from Felicia Tan, Claire Xiao, James Travers and Agnes Guntara.

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