Severn Trent Plc sells Severn Trent Analytical Services to ALS Limited
Severn Trent Plc is today pleased to announce that it has sold Severn Trent Services' Analytical Services (also known as Severn Trent Laboratories) to ALS Limited (ASX: ALQ).
Severn Trent Analytical Services provides potable, wastewater and contaminated land testing services to UK commercial and utility customers.
ALS is listed on the Australian Securities Exchange and is one of the largest testing inspection and certification (TIC) companies in the world with more than 13,000 staff and 350 laboratories in 55 countries.
For further information please contact Anastasia Shiach/Martha Kelly at Tulchan Communications on 0207 353 4200.
About Severn Trent Analytical Services
Severn Trent Analytical Services provided potable, wastewater and contaminated land testing services to UK commercial and utility customers.
The business accounted for about 1.5 per cent of Severn Trent Group's overall revenue.
About Severn Trent
Severn Trent Plc is the holding company of the Severn Trent group of companies (comprising Severn Trent Plc and its subsidiaries) (the "Group"). The Group comprises two main business divisions (i) Severn Trent Water which comprises the regulated water utility in Severn Trent Water Limited ("STWL"); and (ii) Severn Trent Services ("STS").
STWL is one of the larger water and sewerage companies in England and Wales in terms of area and turnover, and provides water and wastewater services to 4.2 million households and businesses. Severn Trent Services provides water and wastewater treatment and operating services to utilities, municipalities and commercial customers around the world. The turnover for the Group for the year ended 31 March 2012 was £1,770.6 million with the underlying profit before interest tax and exceptional items being £504.2 million.
