The Saur Group is one of the three leading and established providers of outsourced services for local authorities in the water and waste management industries in France. In addition, it has developed a strong position in France in the engineering and construction of water treatment plants.
Since its creation in 1933, tthe Saur Group has grown from a local operator focused on water services contracts to an established provider of water and waste management services. It has also developed its expertise in water treatment plant engineering and construction, expanded its operations across France and overseas, and broadened its customer base to include both local authorities and industrial customers.

With its staff of 12,400, the Saur Group manages approximately 5,700 water services contracts and over 1,000 waste collection contracts serving approximately 5.5 million consumers and over 5 million people, respectively, in France.
During the year ended March 31, 2006, it had net sales (*) of €1.4 billion.
Its operations are conducted primarily in France, which accounted for 96% of its net sales (*) in 2005.

The Saur Group operates through four business units:

 Saur France manages water distribution and sanitation activities in France. The principal activities of Saur France are the production and supply of drinking water and the collection and treatment of wastewater prior to releasing it back into the natural environment. It also performs works activities related to water supply and sanitation infrastructure. Saur France is the third largest provider of water management services in the French outsourced market.

Coved handles waste management in France. Coved offers a wide range of services including collection, sorting and processing of waste and landfilling in final waste disposal centers. It also offers complementary services such as urban cleaning. Coved is the third largest waste management service provider in France.

Stereau specializes in the engineering and construction of water treatment plants. It has operations in France, Spain and the United Kingdom. Stereau is the third largest contractor in the water treatment plant engineering and construction market in France.

 Saur International controls our water distribution and sanitation businesses outside of France that are primarily located in Spain and Poland.

(*) Net sales equals revenues excluding surcharges collected on behalf on local authorities and water agencies.