Severn Trent Services proves its worth
- From: Vol 9, Issue 3 (March 2008)
- Category: General
- Region: Americas
- Country:
- Related Companies: Actaris, Itron, Quay Technologies, Severn Trent Services, Severn Trent Water and Tetra Tech
The US-based water equipment and services business can justify its place in Severn Trent plc’s portfolio, despite the trend towards demerging non-regulated activities.
Severn Trent Services used to look like USFilter’s younger brother. Smaller for sure, but with an equally strong appetite for acquisitions, and a similarly hazy view of where it was going beyond a conviction that consolidation was good. For a long time, its indulgent parent, Severn Trent plc, fed the business with cash for acquisitions. It bought 40 different ...
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