City analysts said they still expect takeover deals in the utilities sector despite the current regulatory review in the water sector, according to the London Evening Standard (LES).
Engineering services group Renew Holdings has announced the acquisition of the entire issued share capital of Lewis Civil Engineering for a cash consideration of £7.9m.
Goldman Sachs is teaming up with Allianz, Europe’s largest insurance company, to make a £2bn bid for a 30% stake in Yorkshire Water, according to the Sunday Times.
Water treatment and filtration specialist Envirogen Water Technologies has acquired the assets of Derwent Water Systems and Derwent Water Services.
Severn Trent has said the LongRiver Partners consortium has "not been able, or willing, to bridge the value gap" after the suitors walked away from a potential deal yesterday.
Borealis Infrastructure Management and its partners in the LongRiver Consortium have announced the abandoning of a £5.3 billion offer for Severn Trent.
Construction firm Kier has said it is thinking about buying troubled infrastructure group May Gurney.
South West Water has hosted the first municipal trial of the Fournier Rotary Press in the UK, assessing its potential to improve sludge dewatering performance and support future biosolids standards.
Uniwater has acquired Hy-Ram Engineering, a specialist in tooling, products and hire for the water sector, based in Mansfield, England.
Enpure Ltd and Clean TeQ Water Ltd have announced a collaboration agreement to bring Clean TeQ Water's Moving Bed Ion Exchange-based nutrient removal technologies to water utilities across the UK.
Near-real-time microbial monitoring of wastewater discharge and bathing waters is now possible thanks to the BactoSense ID solution created by Swiss-based bNovate Technologies.