Homeserve grows with French buy - Business - Evening Standard
       

Homeserve grows with French buy

Home insurance company Homeserve today snapped up warranty group Société Francaise Garantie for £24 million from French firm April Group.

The deal will see Homeserve, which provides cover for household emergencies, expand in the European warranty market.

"This acquisition represents a very significant step forward in our plans to extend our successful UK warranty business to other European markets," said chief executive Richard Harpin.

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