Which side of the napkin?
- From: Vol 3, Issue 12 (December 2002)
- Category: Analysis
- Region: Europe
- Country: France, Spain and United Kingdom
- Related Companies: AWG, International Water (IWL), RWE/Thames (Water), Saur/Bouygues, Severn Trent Water, Suez and Veolia Environnement (formerly Vivendi Environnement)
The slowing of the rate of expansion of the international private water sector is primarily due to the demand side, but the supply side has also faltered.
Where once there was an eager second tier of companies looking to challenge Vivendi and Suez, today that second tier is very much in retreat (although RWE’s acquisition of Thames has meant that it has now established itself in the premier league).
Last month’s decision by AWG (see story p.6 & Performer p.19) to sell its international ...
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