HomeServe plc in the UK today announced it had spent 37 million pounds and purchased stakes in the following home repair digital platforms:
In the UK: “CheckATrade”
In Spain and covering Southern Europe and Latin America: “Habitissimo”
The full announcement is available here: http://otp.investis.com/clients/uk/homeserve/rns/regulatory-story.aspx?cid=959&newsid=841432
Nick’s View – This is clearly a major declaration of strategic intent by HomeServe and puts our industry ‘on notice’, to adapt a quote by our current US administration. The biggest surprise of this announcement for me is what is absent: HomeServe’s largest overseas territory (the US). For now, anyway …..