Homeserve Acquires Improveline

16th December 2005

Concept’s Parent Company, Homeserve plc, today announces the expansion of its repair network activities with the acquisition of Recommend Limited trading as Improveline (’Improveline’) for an initial cash consideration of £14.0 million on a debt free and cash free basis. Further performance-related cash consideration of a total of up to £4.0 million is payable in 2007 and 2008.

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A New Concept in Drying Technology

November 2005

The Concept ADS3000 portable building dryer was designed exclusively for Chem-Dry. It is a high capacity, portable drying system which is sited within an affected property, reducing drying times significantly.

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Homeserve Acquires Chem-Dry

14th April 2005

Homeserve plc, the home emergency company, today announces the expansion of its disaster restoration activities with the acquisition of Chem Dry UK Limited and its related businesses including Concept Document Restoration (“Chem-Dry”) for a cash consideration, payable on completion of £18.9 million on a debt free basis. 

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