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New Deal


Announced

Completed

Severn Trent completed the acquisition of Dee Valley Group for £134m.

Financials

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Transaction Value£134m
Consideration TypeCash, Loan Notes
Capital Owned-
Capital Bid For100%
EV/Sales5.8x
EV/EBITDA11.83x
Share Price Premium-
One Off Charge-

Sources

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Tags

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water supply

Water

United Kingdom

Public

Scheme

Completed

Friendly

Later Bidder Won

Majority

Acquisition

Synopsis

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Severn Trent, a water company based in the United Kingdom, completed the acquisition of Dee Valley Group, which provides integrated water services, for £134m. "The announcement of our purchase of Dee Valley represents an opportunity for Severn Trent to apply its successful operating model for the benefit of customers across an enlarged asset base, in a neighbouring geographic area. We intend to bring real benefits to Dee Valley's operations and customers by bringing best practice and investment to support and enhance the service the company provides and by sharing the savings we can generate. We are looking forward to engaging with the customers and Welsh regulators and bringing our skills in water services to Dee Valley," Liv Garfield, Severn Trent CEO.

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