Our Growth Opportunity
Strengthening our presence through acquisition
Our acquisitions over the years
c£250m
investment in acquisitions since FY11
25
Transactions
267%
Revenue growth since FY11
Our M&A criteria
We seek to acquire complementary businesses in current or close adjacent market niches, with
the following key attributes:
Strong brand
with equity in its markets
Access to market
from which growth can be accelerated
Good teams
which we back and support
Opportunities
enhance growth and return
Aligned purpose
of delivering "Healthy Air Sustainably"