Bournemouth Water
Company type | Private Limited Company (ltd) |
---|---|
Industry | Water Supply |
Founded | 1863 |
Headquarters | Bournemouth, Dorset, England |
Parent | South West Water |
Website | bournemouthwater |
Bournemouth Water provides drinking water to approximately 500,000 people from the port town of Poole to Beaulieu in the New Forest and from Bournemouth to Salisbury in Wiltshire, an area of over 1000 square kilometres.[1][n 1]
History
[edit]Bournemouth Water (established 1863) and West Hampshire Water (established 1893) were two former statutory water companies established by acts of Parliament.
The Bournemouth Company were the alternative supplier of gas until nationalisation of the gas industry in 1949
In 1863 Bournemouth Water was established with waterworks in Bourne Valley and a reservoir in Parkstone.
In 1893 the West Hampshire Water Company was established.
In 1994 Bournemouth and West Hampshire Water was formed as the two companies merge.
In July 2010 Bournemouth and West Hampshire Water was acquired by Sembcorp Utilities. Sembcorp Utilities is a wholly owned subsidiary of Sembcorp Industries, an energy, water and marine group listed on the main board of the Singapore Exchange.[2]
Bournemouth and West Hampshire Water plc's registered name was changed to Sembcorp Bournemouth Water Ltd on 21 January 2011; formerly named Sembcorp Bournemouth Water plc for less than 24 hours on that date as part of an efficient mergers and acquisitions deal.[3]
On 16 April 2015 Pennon Group plc – who already owned South West Water, announced they had purchased Sembcorp Bournemouth Water for £100.3 million[4][5]
Notes and references
[edit]- Notes
- ^ In this area wastewater services are provided by Wessex Water or Southern Water
- References
- ^ Sembcorp Bournemouth Water
- ^ "Bournemouth & West Hampshire Water to rebrand". Utility Week. 27 January 2011. Archived from the original on 31 March 2012.
- "Dorset's water bills will be second highest in Britain". Bournemouth Echo. 5 February 2013.
- "Cascal N.V. Subsidiary, Bournemouth & West Hampshire Water, Receives Important Recognitions..." Reuters. 16 April 2009. Archived from the original on 1 February 2013. Retrieved 30 June 2017.
- "Domestic water bills 'up by 4.1%'". BBC News. 18 February 2009.
- "Restrained water bill rises welcomed by watchdog". BBC News. 11 February 2014.
- ^ UK Companies House
- ^ "Acquisition of Bournemouth Water from Sembcorp Holdings Limited". London Stock Exchange. Archived from the original on 18 April 2015. Retrieved 16 April 2015.
- ^ "Pennon buys Bournemouth Water as floodgates open for more M&A". The Telegraph. Retrieved 16 April 2015.