Category: Domestic & General

Domestic & General (D&G), the extended warranties specialist, has accepted a £524 million takeover bid from Advent International in the first major private equity acquisition of a public company in the UK since the credit crunch began.

Homeserve said on Wednesday that it had terminated bid talks with Domestic & General, causing shares in the group which offers insurance for domestic appliances to fall 4.6 per cent or 56p to £11.76 in mid-session trading.

Thomson Financial has reported today that Homeserve said the financial year has started in line with its expectations and it remains confident of continued growth in the current year. In a statement, the company said it continues to perform well and the pipeline of future growth opportunities rem…

Domestic & General Group PLC, a provider of extended warranty and central heating cover, said it has received other approaches from parties which may or may not lead to an offer for the company. On May 21, the company announced it had received an approach from Homeserve about a possible offer.

Appliance warranties specialist Domestic & General yesterday praised its Midlands operations just as it waited to see whether a bid approach from rival Homeserve would come to anything. D&G has major operations in Bedworth and Coventry – the former employs 250, the latter 130. Coventry is largely…

Homeserve, the insurer which covers emergencies such as burst pipes, is in talks to buy household appliance warranties group Domestic & General, in a deal that could be worth more than £500m.

Appliance insurer Domestic & General Group PLC turned in a 4.4 pct rise in interim pretax profit and said it is set for further progress in the second half of the year. D&G, which provides warranties on household goods sold across the UK and Europe, said pretax profit for the six months t…

This year, in the whitegoods category of the Domestic & General TEQ (Technical Excellence and Quality) Awards all three winners are also UK Whitegoods repairs@ agents. All of these companies have previously won an award for cusrtomer service from Domestic & General.

Domestic & General, the extended warranty supplier, announced solid results for last year and said it was hiking its cash return. The group delivered a 19.5% rise in pre-tax profit to £35.0m for the year to March from £29.3m a year earlier, while revenues rose 14.5% to £277….

Domestic & General has announced the winners of its 2005 Total Excellence and Quality (TEQ) Awards. The TEQ Awards were established in 1998 and recognise excellence in customer service across three core categories, kitchen appliances, home entertainment and central heating.