Water Plus JV Ripples through UK Competition
On 3 May 2016, the UK’s Competition and Markets Authority (CMA) approved Severn Trent and United Utilities’ joint venture, Water Plus, to combine their non-household water and wastewater retail businesses in England and Scotland.
The move anticipates England’s opening of its water segment to full competition in April 2017. UK’s other utilities are weighing options that include existing the retail segment or bulking up on M&A.
What does this mean UK water markets? How will other UK utilities respond? Bluefield water experts analyze the impact of Water Plus on competition in UK water markets.
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- Water Plus a test case for large-scale mergers furthering liberalization plan
- Wave of combinations washes over competitive landscape
- Anglian, Thames prep for competition internally