Severn Trent agrees sale of US business in £48m deal
Midlands utility Severn Trent has sold its North American operation in a deal with values the business at £48m.
The division, Operating Services, US, has been acquired by US investors PPC Enterprises and Alston Capital Partners.
Severn Trent's North American business operates and manages water and wastewater systems, and provides management services to municipalities and local communities. It operates in all aspects of the water and wastewater process including treatment, networks and customer service.
Liv Garfield, Severn T... You can carry on reading TheBusinessDesk.com for free, but you have reached the maximum number of pages an unregistered user can view. To register for an account, click here or login below...
