Kelda Group

Kelda Group

Infobox Company
company_name = Kelda Group
company_
company_type = Private
foundation = 1989
location = flagicon|GBR Bradford, England, UK
key_people = John Napier, Chairman
Kevin Whiteman, CEO
industry = Utility
products =
revenue = £825.4 million (2006)
operating_income = £315.4 million (2006)
net_income = £174.1 million (2006)
num_employees = 3,669 (2006)
owner = Saltaire Water
subsid = Yorkshire Water
homepage = [http://www.keldagroup.com www.keldagroup.com]
footnotes =

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, [cite web
url=http://www.ftse.com/tech_notices/2008/Q1/19189_20080204_Kelda_Group.jsp
title=Kelda Group PLC (UK): Scheme of Arrangement
date=4 February, 2008
publisher=FTSE Group
accessdate=2008-02-18] a consortium of investment companies including Citigroup and HSBC. [cite news
last=Larkin
first=Nicholas
url=http://www.bloomberg.com/apps/news?pid=20601102&sid=aLO_fs.q9ilE&refer=uk
title=Montagu, Partners to Buy Biffa for 1.2 Billion Pounds
date=8 February, 2008
publisher=Bloomberg
accessdate=2008-02-18]

References

External links

* [http://www.keldagroup.com/ Official website]


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