Thames keeps Pridesa
- From: Vol 6, Issue 8 (August 2005)
- Category: Analysis
- Region: Europe
- Country:
- Related Companies: General Electric (GE), Ionics, Pridesa and RWE
RWE didn’t think it wanted to be in desalination anymore until it tried to sell Pridesa.
When a large group fails to sell a subsidiary, it is usually bad news for the company concerned. A few months of pointless redundancies and corporate tinkering follow, before they owner sells it for less than the original best offer just to get it off their hands.
Pridesa’s circumstances are different. In the classic Boston Matrix which is used ...
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