Centrica subsidiary makes £30m acquisition

Centrica's North American subsidiary, Direct Energy, has acquired the home protection plan business Home Warranty of America (HWA) for $48m (£30m) in cash.

Centrica's North American subsidiary, Direct Energy, has acquired the home protection plan business Home Warranty of America (HWA) for $48m (£30m) in cash.

The acquisition was made to enable Direct Energy to use it as a national platform to build and grow an extensive protection plan business in the US.

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