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Nicollin heirs sell family group to Morgan Stanley

The sons of Louis Nicollin sell control of the family group to the American fund.

Published 7sem3 sourcesConfirmedImportantupdated 7sem
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The fact

Nicollin Environnement, France’s third-largest waste management company, comes under foreign ownership.

This sale marks the end of an era for the Montpellier-based empire.

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Why it matters

Cette transaction illustre la financiarisation croissante du secteur des déchets en Europe et la perte d’influence des groupes familiaux historiques.

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Auto-synthesis from 3 media sources · identified on July 10, 2026
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