HomeServe announced its largest ever acquisition, of certain of the trade and assets of the home assistance cover business of Dominion Products and Services business in the US.
HomeServe announced the its largest ever acquisition, Dominion Products and Services business in the US. Dominion provides 1.1 million home protection policies to over 500,000 customers and has access to 7.1 million households across 16 states. Richard Harpin, Group Chief Executive, commented “This acquisition brings forward our ambitious growth plans for our North American business by a full twelve months towards our medium term target of 8m customers from 80m households”.
The Millennial generation, as more reluctant DIY-ers, present an opportunity as an audience for home services.
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With a complex, heavily regulated environment and aggressive green agenda, the outlook for Utilities in Australia presents challenges but also great opportunities for those wishing to extend their relevance in customers’ homes.