MIKE Fox, the manager of Co-operative Investments' CIS Sustainable Leaders trust, claims that a new wave of takeover activity in environmental-themed operations is helping SRIs to outperform the market.
Fox believes that the booming eco-economy is prompting an increasing number of companies to buy existing companies rather than start up a new business. He said: “Increasing ethical consumerism is providing new opportunities for companies to grow their business, and firms that have already developed products and services in this market are becoming more attractive to bigger players. “Garden centre chains for example have recently begun interesting big retailers because they are seen as the ideal vehicle for selling environmentally-linked products, such as wind turbines, to consumers.” ...
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