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Parent company of Yorkshire Water From Wikipedia, the free encyclopedia
Kelda Group Limited is a British utility company. It is based in Bradford, England. It was formerly listed on the London Stock Exchange and a constituent of the FTSE 100 Index, but was taken private by a group of investors, Saltaire Water, in 2008. Saltaire Water members include CitiBank and HSBC Holdings.
Formerly | |
---|---|
Company type | Private |
Industry | Utility |
Founded | April 1, 1989 |
Headquarters | Bradford, England, UK[1] |
Key people | |
Revenue | £878.9 million (2007) |
£338.2 million (2007) | |
£151.3 million (2007) | |
Owner | Saltaire Water |
Number of employees | 3,843 (2007) |
Subsidiaries |
|
Website | keldagroup |
Kelda Group, originally known as Yorkshire Water plc, was one of the regional water companies privatised in 1989.[4] It changed to its current name in 1999.[4] In 2000 Kelda purchased the United States water supply business Aquarion and subsequently announced the conditional sale of this asset in February 2006.[4] It was taken private in a £3.04 billion deal in February 2008 by Saltaire Water,[5] a consortium of investment companies including Citigroup and HSBC.[6] Citi sold its infrastructure investments to Corsair Capital in 2015.[7]
Yorkshire Water remains its principal UK business. It provides water to 4.5 million people in northern England, mainly within the geographical county of Yorkshire. It has interests in non-regulated businesses related to its main activity, such as environmental management.
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