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HomeServe completed the acquisition of CET Structures from Palatine for £53m.

Synopsis

HomeServe, a provider of home services and repair services, completed the acquisition of CET Structures, a provider of emergency plumbing, heating and electrics services, from Palatine for £53m ($65m). “CET has a leading market position and provides home emergency assistance for one in eight UK households. We are very impressed by the business, its customer partnerships and its digital capabilities, and there are exciting opportunities to develop the plumbing, heating and electrics services which are core to both of our operations," Ross Clemmow, HomeServe CEO.

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