
Private equity firm CAPZA buys minority stake in DI Environment
CAPZA's acquisition highlights the potential growth in this sector as companies seek to develop buildings that use less energy and as governments try and clean up the environment.
Consultancy firm Precedence Research forecasts that the global environmental consulting services market will increase to about $92.85 billion by 2034 from $46.67 billion in 2025.
"We are pleased to welcome the CAPZA team on board as we embark on the next chapter of our growth journey. CAPZA's deep expertise and proven track record will be instrumental in accelerating our expansion and driving market consolidation. Together, we are confident in our ability to deliver sustainable growth and reinforce our position as the leading French player in de-pollution services," said DI Environnement CEO Hugo Rosati.
DI Environnement had 2024 revenues of 110 million euros ($128 million).
CAPZA's website says the company - which is part of AXA IM Alts (AXAF.PA), opens new tab - has around 9.1 billion euros ($10.6 billion) of assets.
($1 = 0.8592 euros)
Hashtags

Try Our AI Features
Explore what Daily8 AI can do for you:
Comments
No comments yet...
Related Articles


The Guardian
an hour ago
- The Guardian
The Tesla whistleblower and the cost of taking on Elon Musk
In November 2022, a whistleblower contacted investigative journalist Sönke Iwersen. He could not give his name, he said, but he had access to huge amounts of data about Tesla, his former employer: private phone numbers, social security information, bank statements, documents stamped 'top secret', and much, much more. It could not be real, Iwersen thought – his editor at the German newspaper Handelsblatt agreed. Still, he tells Helen Pidd, they kept digging. It was the start of a years-long investigation into Tesla, and a years-long relationship with the whistleblower, too. Here, he shares what he learned – not only exposing serious safety concerns about Tesla's famed autopilot, but giving a glimpse into the company culture under the leadership of Elon Musk, the world's richest man. 'Narcissism', says Iwersen. His book detailing it all, The Tesla Files, written with fellow journalist Michael Verfürden, is out now.


Sky News
3 hours ago
- Sky News
Martin Lewis reveals who is due for car finance compensation - and how much they'll get
Martin Lewis says motorists who were mis-sold car finance are likely to receive "hundreds, not thousands of pounds" - with regulators launching a consultation on a new compensation scheme. The founder of believes it is "very likely" that about 40% of Britons who entered personal contact purchase or hire purchase agreements between 2007 and 2021 will be eligible for payouts. "Discretionary commission arrangements" saw brokers and dealers charge higher levels of interest so they could receive more commission, without telling consumers. Speaking to Sky News Radio's Faye Rowlands, Lewis said: "Very rarely will it be thousands of pounds unless you have more than one car finance deal. "So up to about a maximum of £950 per car finance deal where you are due compensation." Lewis explained that consumers who believe they may have been affected should check whether they had a discretionary commission arrangement by writing to their car finance company. However, the personal finance guru warned against using a claims firm. "They're hardly going to do anything for you and you might get the money paid to you automatically anyway, in which case you're giving them 30% for nothing," he added. 1:13 Yesterday, the Financial Conduct Authority said its review of the past use of motor finance "has shown that many firms were not complying with the law or our disclosure rules that were in force when they sold loans to consumers". The FCA's statement added that those affected "should be appropriately compensated in an orderly, consistent and efficient way". Lewis told Sky News that the consultation will launch in October - and will take six weeks. "We expect payouts to come in 2026, assuming this will happen and it's very likely to happen," he said. "As for exactly how will work, it hasn't decided yet. Firms will have to contact people, although there is an issue about them having destroyed some of the data for older claims." He believes claims will either be paid automatically - or affected consumers will need to opt in and apply to get compensation back. What motorists should do next The FCA says you may be affected if you bought a car under a finance scheme, including hire purchase agreements, before 28 January 2021. Anyone who has already complained does not need to do anything. The authority added: "Consumers concerned that they were not told about commission, and who think they may have paid too much for the finance, should complain now". Its website advises drivers to complain to their finance provider first. If you're unhappy with the response, you can then contact the Financial Ombudsman. Any compensation scheme will be easy to participate in, without drivers needing to use a claims management company or law firm. The FCA has warned motorists that doing so could end up costing you 30% of any compensation in fees. The FCA estimates the cost of any scheme - including compensation and administrative costs - to be no lower than £9bn. But in a video on X, Lewis said that millions of people are likely to be due a share of up to £18bn.


Reuters
3 hours ago
- Reuters
POLL Indonesia's economic growth likely slowed again in Q2
BENGALURU, Aug 1 (Reuters) - Indonesia's economy likely grew at its slowest pace in nearly four years last quarter as weak household spending weighed on overall growth and offset a boost from exports, according to a Reuters poll of economists. Southeast Asia's largest economy likely grew 4.80% in the April-June quarter from a year earlier, slightly below the 4.87% expansion recorded in the first quarter, according to the July 25–August 1 poll of 26 economists. The government is due to announce the figures on Tuesday. On a quarter-on-quarter basis, gross domestic product (GDP) likely recovered from a 0.98% contraction in the January-March period to 3.70% growth. "Consumer confidence is waning, industrial activity is slowing and youth unemployment remains high. Real retail sales figures have also been weak throughout the second quarter as households remain cautious about spending due to stagnant real wage growth," said Jeemin Bang, associate economist at Moody's Analytics. Indonesia's Retail Sales Index contracted 0.3% in April but rose a modest 1.9% in May, indicating subdued household consumption. The government announced an over 24 trillion rupiah ($1.5 billion) fiscal stimulus package in June that included cash handouts and transport subsidies to stoke demand. Meanwhile, exports rose 11.29% in June, extending a positive trend throughout the second quarter as firms accelerated shipments ahead of a proposed 32% U.S. tariff which was later revised to 19%. Still, Bang cautioned that although only 10% of Indonesian exports go to the U.S., indirect effects from tariffs on other key trading partners and a weakening global outlook are likely to weigh on growth in the months ahead. Responding to softening domestic demand and sluggish global trade, Bank Indonesia cut interest rates last month. Governor Perry Warjiyo said the central bank would assess if there was room for further easing. A separate Reuters poll conducted in July showed economic growth in Indonesia would average 4.8% in 2025, near the lower end of the central bank's forecast range of 4.6% to 5.4%. That remains well short of the 8% annual growth target President Prabowo Subianto has pledged to achieve during his five-year term, which began last year. ($1 = 16,488 rupiah)