 | |
| Company type | Private |
|---|---|
| Industry | Water |
| Founded | 1973 |
| Headquarters | Huntingdon, England |
| Website | www.awg.com |
AWG plc is a British holding company which is parent to Anglian Water. It was previously listed on the London Stock Exchange, and was a member of the FTSE 250 Index, but it is now owned by the Osprey Consortium. Its headquarters are in Huntingdon, Cambridgeshire.
Originally Anglian Water, the company was one of the British regional water companies privatised in 1989. [1]
Like many utility companies, AWG has attempted to diversify away from a core business which offers steady profits but has very limited potential for expansion, in its case through the acquisition in September 2000, of the Scottish support service and construction group Morrison Construction. [2]
In March 2006, the construction division of the Morrison business was sold to Galliford Try for £42m. [3] The remainder of the business was split into two divisions, Morrison Facilities Services and Morrison Utilities Services, and, in March 2008, AWG sold Morrison Utility Services to two private equity firms, Cognetas and Englefield Capital for £235 million. [4]
AWG was acquired by the Osprey Consortium, made up of Canada Pension Plan Investment Board, Colonial First State, Industry Funds Management and 3i, in December 2006 for £2.25bn. [5]
In 2012, AWG sold Morrison Facilities Services to Mears Group for £24m. [6]
AWG plc own a subsidiary called Anglian Venture Holdings, who are a holding company for AWP plc commercial ventures outside of their core water utility supply business, these additional subsidiaries include: [7]
| Subsidiary name | Area of business |
|---|---|
| Alpheus | Water and waste water solutions design and build |
| Celtic Anglian Water | Irish water and waste water contractor |
| Geodesys | Conveyancing Services |
| dagdat | Asset Protection and mapping service |
| AWG Property | Property company utilising surplus Anglian Water land assets |
| Anglian Water Direct | Drain and water utility insurance |
DCC plc is a leading Irish international sales, marketing and support services group. Headquartered in Dublin, the Group operates across three sectors: energy, healthcare and technology. DCC plc is listed on the London Stock Exchange and is a constituent of the FTSE 100 Index.
Nielsen Holdings plc is an American media audience measurement firm. Nielsen operates in over 100 countries and employs approximately 15,000 people worldwide.
VTG is a privately held United States defense and services company, with its origins in a former British shipbuilding group, previously known as Vosper Thornycroft. The British part of VTG was integrated into Babcock International in the early 2010s. In July 2012, The Resolute Fund II, LP, an affiliate of The Jordan Company acquired VTG. In September 2023, VTG received a new majority investment from A&M Capital Partners.
Phoenix Natural Gas is the largest gas distribution business in Northern Ireland, being the owner and operator of the licence for the distribution network in the Greater Belfast area. The distribution business is responsible for the development of the pipeline network and also for providing a 24/7 operational and transportation service platform to suppliers under the rules of the company's network code. The ongoing investment within the Phoenix Natural Gas licence area does not attract any grant or support from local or UK government. The investment is a standalone private venture.
Signature Aviation is a multinational aviation services company headquartered in Orlando, Florida. The company was founded as W. Wilson Cobbett Ltd in 1879 and subsequently specialised in the manufacture of industrial supplies, particularly in the automotive and aviation sectors. During World War II, the company produced materials for British military aircraft, such as the Supermarine Spitfire, Hawker Hurricane, and Hawker Typhoon. During the 1980s and 1990s, the firm decided to increasingly orientate itself towards the aviation industry via a string of acquisitions and divestitures. It was listed on the London Stock Exchange until it was acquired by Cascade Investment, Blackstone Group, and private equity firm Global Infrastructure Partners in May 2021.
Vistry Group, formerly Bovis Homes Group, is a British home construction company based in Kings Hill, England. Bovis Homes completed a deal to acquire Galliford Try's housing arm in January 2020, renaming the combined business Vistry. It is listed on the London Stock Exchange and is a constituent of the FTSE 250 Index. It is one of the biggest housebuilders in the UK.
Clayton, Dubilier & Rice, LLC (CD&R) is an American private equity company. CD&R is the 24th oldest Private Equity firm in the world. CD&R has managed the investment of more than $30 billion in approximately 90 businesses, representing a broad range of industries with an aggregate transaction value in excess of $140 billion. Approximately half of CD&R's investments have involved corporate divestitures.
Enterprise plc was a support services company originally based in Farington in Lancashire, England. Its core markets were local authorities and utility sectors. It has recently been integrated into Ferrovial's UK company, Amey plc.
Babcock International Group plc is a British aerospace, defence and nuclear engineering services company based in London, England. It specialises in managing complex assets and infrastructure. Although the company has civil contracts, its main business is with public bodies, particularly the United Kingdom's Ministry of Defence and Network Rail. The company has four operating sectors, with overseas operations based in Africa, North America, South America, Europe and Australia.
Northumbrian Water Group plc (NWG) is the holding company for several companies in the water supply, sewerage and waste water industries. Its largest subsidiary is Northumbrian Water Limited (NWL), which is one of ten companies in England and Wales that are regulated water supply and sewerage utilities. NWL is the principal water supplier in the north-east of England, where it trades as Northumbrian Water, and also supplies water to part of eastern England, as Essex and Suffolk Water. In 2011 it was acquired by Cheung Kong Infrastructure Holdings.
Weatherford International plc is an American multinational oilfield service company, headquartered in the US and operating in 75 countries globally across the oil and natural gas producing regions. The company provides technical equipment and services used for drilling, evaluation, completion, production, and intervention on gas and oil wells.
Reworld, formerly Covanta, is a private energy-from-waste and industrial waste management services company headquartered in Morristown, New Jersey. Most of its revenue comes from operating incineration facilities that serve a secondary purpose as power plants that burn trash as fuel. Reworld charges a fee for waste disposal and sells the electricity and metal slag produced from waste incineration.
Cranswick plc is a leading United Kingdom food producer and supplier of premium, fresh and added-value food products. The company is listed on the London Stock Exchange and is a constituent of the FTSE 250 Index.
Galliford Try plc is a British construction company based in Uxbridge, England. It was created through a merger in 2000 of two businesses: Try Group, founded in 1908 in London, and Galliford, founded in 1916.
Sears plc was a large British-based conglomerate. The company was listed on the London Stock Exchange and was once a constituent of the FTSE 100 Index. It was acquired by Charles Clore in the 1950s who expanded the company to be one of the largest retailers in Britain. It was acquired by Philip Green in 1999 who oversaw the break up of the group.
Morrison Facilities Services was a United Kingdom based company that specialised in providing facilities services to private businesses and central and local government bodies.
Morrison Construction is a large construction business, which was acquired by Galliford Try in 2006.
Rok plc was a British construction company, based in Exeter. Rok went into administration in 2010.
Michael Martin OBE is a British bridge engineer. He grew up in Carlisle and studied at the Carlisle Technical College before achieving a degree in civil engineering from the University of Leeds. Martin began his career as a design engineer at Ove Arup & Partners and served as their representative during the construction of the Kessock Bridge. He thereafter joined the contractor Morrison Construction and was their chief engineer for the construction of the Dornoch Firth and Kylesku Bridges. Under Martin's direction the company won some of the first Private Finance Initiative infrastructure contracts in the UK. He transferred to Anglian Water after that company purchased Morrison in 2000 and became their head of health and safety. After a brief early retirement he returned as a consultant for WS Atkins and to lead a £2.2 billion water infrastructure partnership programme. He returned from retirement for a second time to act as Galliford Try representative on the board of the company constructing the £1.4 billion Queensferry Crossing. In 2014 he was appointed project director for all companies in the contracting joint venture and oversaw the project's completion in 2017.