Business Acquisition

EQT and Blackstone Acquire Urbaser

Analysis based on 12 articles · First reported Feb 12, 2026 · Last updated Feb 12, 2026

Sentiment

Attention

Articles

Market Impact

Direct

Live prominence charts, article sentiment distribution, and event development timeline available on the NewsDesk Dashboard

Market Impact

The acquisition of Urbaser by EQT AB and Blackstone Inc. is expected to have a positive impact on the waste management and environmental services sector, signaling strong investor confidence in sustainable infrastructure. It will likely lead to increased investment and growth for Urbaser, potentially influencing market dynamics in Spain and globally.

Waste Management Environmental Services Infrastructure

Event Summary

EQT AB, through its EQT Infrastructure VI fund, and funds managed by Blackstone Infrastructure have agreed to acquire Urbaser from funds managed by Platinum Equity. Urbaser, a leading global provider of integrated waste management and environmental services based in Spain, delivers municipal and industrial waste services to over 60 million people worldwide. EQT AB and Blackstone Inc. will each own 50% of Urbaser and jointly manage the company, aiming to support its expansion in the fast-growing industrial waste segment and strengthen its core municipal waste operations. This transaction highlights a significant investment in the circular economy and sustainable infrastructure.

Key Actions

95 EQT AB agreed to acquire 50% stake Urbaser

95 Blackstone Inc. agreed to acquire 50% stake Urbaser

90 Platinum Equity sold Urbaser Urbaser

70 Urbaser to expand in industrial waste segment

Entities Involved

priv

Urbaser

Urbaser, a leading global provider of integrated waste management and environmental services, is being acquired by EQT AB and Blackstone Inc. This acquisition is expected to accelerate its investment and growth path, particularly in the industrial waste segment.

Importance 100 Sentiment 80

stock

EQT AB

EQT AB, through its EQT Infrastructure VI fund, is acquiring a 50% stake in Urbaser. This acquisition further strengthens EQT AB' presence in Spain and its investment in sustainable waste management platforms.

Importance 90 Sentiment 70

stock

Blackstone Inc.

Blackstone Inc., through its Blackstone Infrastructure funds, is acquiring a 50% stake in Urbaser. This partnership with EQT AB will allow Blackstone Inc. to expand its investments in the waste and environmental services sector.

Importance 90 Sentiment 70

priv

Platinum Equity

Platinum Equity is selling Urbaser to EQT AB and Blackstone Inc. This transaction reflects the value creation potential of Urbaser under Platinum Equity's management.

Importance 70 Sentiment 60

per

Fernando Abril-Martorell

Fernando Abril-Martorell, CEO of Urbaser, views this transaction as a reflection of Urbaser's value creation potential and an opportunity to accelerate investment and growth with EQT AB and Blackstone Inc.

Importance 40 Sentiment 0

per

Guillermo García-Barrero

Guillermo García-Barrero, a Partner at EQT Infrastructure, expressed enthusiasm for supporting Urbaser's management team in investing in the circular economy.

Importance 30 Sentiment 0

per

Adam Kuhnley

Adam Kuhnley, Co-Head of European Investments at Blackstone Infrastructure, highlighted Urbaser's expertise and customer relationships, looking forward to supporting its growth.

Importance 30 Sentiment 0

+ 9 more entities View on Dashboard

Relationships

EQT AB related ↔ Urbaser

Blackstone Inc. related ↔ Urbaser

EQT AB related ↔ Blackstone Inc.

Platinum Equity related ↔ Urbaser

Fernando Abril-Martorell related ↔ Urbaser

Morgan Stanley related ↔ EQT AB

Banco Bilbao Vizcaya Argentaria related ↔ EQT AB

JPMorgan Chase related ↔ Blackstone Inc.

UBS related ↔ Blackstone Inc.

EQT AB related ↔ Platinum Equity

+ 1 more relationships View on Dashboard

NEWSDESK

Track this event live

Set up alerts, explore entity relationships, search across thousands of events, and build custom intelligence feeds.

Open Dashboard