Sureserve has announced the acquisition of CorEnergy, which helps private and public sector organisations reduce their energy usage, improve efficiency, and reduce their net carbon output. This acquisition is material and will fit into the Energy Services segment rather nicely. It is immediately and significantly earnings enhancing, adding around £1m EBITA to a segment that (excl. COVID) currently makes around £5m per annum.
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Sureserve - Acquisition of CorEnergy
- Published:
15 Dec 2021 -
Author:
Oliver Juggins -
Pages:
5
Sureserve has announced the acquisition of CorEnergy, which helps private and public sector organisations reduce their energy usage, improve efficiency, and reduce their net carbon output. This acquisition is material and will fit into the Energy Services segment rather nicely. It is immediately and significantly earnings enhancing, adding around £1m EBITA to a segment that (excl. COVID) currently makes around £5m per annum.