Home repairs group expands US presence with £108m acquisition
Home repairs group HomeServe is expanding its US presence with the acquisition of a complementary business in a deal valued at more than £108m.
The Walsall-based group has acquired certain trade and assets of the home cover business of Dominion Products and Services, a wholly owned subsidiary of Dominion Energy, Inc, based in Richmond, Virginia.
In conjunction with the acquisition, HomeServe has also announced a share placing aimed at raising £125m - which represents approximately 5% of the existing issued share capital of the... 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...
