Kelda Group
From Wikipedia, the free encyclopedia
| Kelda Group | |
|---|---|
 |
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| Type | Private |
| Founded | 1989 |
| Headquarters |  Bradford, England, UK |
| Key people | John Napier, Chairman Kevin Whiteman, CEO |
| Industry | Utility |
| Revenue | £825.4 million (2006) |
| Operating income | £315.4 million (2006) |
| Net income | £174.1 million (2006) |
| Owner | Saltaire Water |
| Employees | 3,669 (2006) |
| Subsidiaries | Yorkshire Water |
| Website | www.keldagroup.com |
Kelda Group is a British utility company. It is based in Bradford, England.
Kelda Group, originally known as Yorkshire Water plc, was one of the regional water companies privatised in 1989. It changed to its current name in 1999. Yorkshire Water remains its principal UK business. It provides water to several million people in northern England, mainly in the catchment area of the River Ouse. In 2000 Kelda purchased the United States water supply business Aquarion and subsequently announced the conditional sale of this asset in February 2006. It has interests in non-regulated businesses related to its main activity, such as environmental management.
Kelda Group's turnover for the year ended 31 March 2006 was £825.4 million and profits were £224.3 million before tax and £174.1 million after tax.
Kelda Group was formerly listed on the London Stock Exchange and a constituent of the FTSE 100 Index, but was taken private in February 2008 by Saltaire Water,[1] a consortium of investment companies including Citigroup and HSBC.[2]
[edit] References
- ^ Kelda Group PLC (UK): Scheme of Arrangement. FTSE Group (4 February 2008). Retrieved on 2008-02-18.
- ^ Larkin, Nicholas. "Montagu, Partners to Buy Biffa for 1.2 Billion Pounds", Bloomberg, 8 February 2008. Retrieved on 2008-02-18.
[edit] External links
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