Group Structure
During the period of its ownership by Lyonnaise/Suez, the group's businesses were owned through a holding company known, from 2001 onwards, as Ondeo Services UK plc. In preparation for the disposal of its UK water businesses, Suez set up another holding company, Atlantic Water Limited, with Ondeo Services as its wholly owned subsidiary. Atlantic Water was then bought by NWG, which was incorporated for that purpose. NWG's subsidiaries are thus owned via two intermediate holding companies. The current group structure (ownership 100% except where noted) is:
- Northumbrian Water Group plc
- Atlantic Water Limited
- Northumbrian Services Limited (renamed from Ondeo Services)
-
- Northumbrian Water Limited (NWL)
- Northumbrian Water Finance plc
- Caledonian Environmental Services plc
- Caledonian Environmental Levenmouth Treatment Services Limited
- Ayr Environmental Services Limited (75%)
- Ayr Environmental Services Operations Limited
- Northumbrian Water Projects Limited
- AquaGib Limited (66.67%)
- Vehicle Lease and Service Limited (50%)
- SA Agrer NV (via an intermediary)
-
- Northumbrian Services Limited (renamed from Ondeo Services)
- Atlantic Water Limited
Read more about this topic: Northumbrian Water Group
Famous quotes containing the words group and/or structure:
“With a group of bankers I always had the feeling that success was measured by the extent one gave nothing away.”
—Francis Aungier, Pakenham, 7th Earl Longford (b. 1905)
“Im a Sunday School teacher, and Ive always known that the structure of law is founded on the Christian ethic that you shall love the Lord your God and your neighbor as yourselfa very high and perfect standard. We all know the fallibility of man, and the contentions in society, as described by Reinhold Niebuhr and many others, dont permit us to achieve perfection.”
—Jimmy Carter (James Earl Carter, Jr.)