French provider of environmental management services Veolia Environnement SA (VE) has announced a $620 million deal to sell a North American subsidiary. Veolia said on Wednesday its subsidiary Veolia North America has agreed to sell Veolia North America Regeneration Services to private equity firm American Industrial Partners for an enterprise value of $620 million. “The sulphuric acid regeneration business in the United States is not one of our key priorities and does not offer synergies with our core activities,” said Estelle Brachlianoff, Veolia’s chief executive officer. “Their disposal wi…