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Mergers

Blackstone and EQT to buy waste firm Urbaser for US$6.6bn

· Waste management · updated

Location
🇪🇸 Spain
Sector
Recycling / circular economy
Organisations
Blackstone Infrastructure / EQT Infrastructure ↔ Urbaser (Verkäuferin: Platinum Equity)
Transaction
Acquisition (50% each)
Volume
US$6.6bn
Status
completed

Blackstone Infrastructure and EQT are each buying half of Spanish waste management group Urbaser, which has more than 50,000 employees, from private equity firm Platinum Equity, which puts the price at US$6.6bn (EQT, 12 February 2026; second source: Platinum Equity, 12 February 2026). Update (22 September 2026): the sale has been completed (Platinum Equity, 22 September 2026).

Source: eqtgroup.com ↗ · Archived copy ↗

Further sources: platinumequity.com (12 Feb 2026) ↗ (Archived copy ↗) · platinumequity.com (22 Sep 2026) ↗ (Archived copy ↗)

Evidence: 2 independent sources · archived copy saved · How well sourced is Eurotrack?

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