AWG plc is a British holding company which is parent to

Anglian Water Anglian Water Services Limited is a water company that operates in the East of England. It was formed in 1989 under the partial privatisation of the water industry. It provides water supply, sewerage and sewage treatment to the area formerly ...

. It was previously listed on the

London Stock Exchange The London Stock Exchange (LSE) is a stock exchange based in London, England. the total market value of all companies trading on the LSE stood at US$3.42 trillion. Its current premises are situated in Paternoster Square close to St Paul's Cath ...

, and was a member of the FTSE 250 Index, but it is now owned by the ''Osprey Consortium''. Its headquarters are in

Huntingdon Huntingdon is a market town in the Huntingdonshire district of Cambridgeshire, England. The town was given its town charter by John, King of England, King John in 1205. It was the county town of the historic county of Huntingdonshire. Oliver C ...

Cambridgeshire Cambridgeshire (abbreviated Cambs.) is a Ceremonial counties of England, ceremonial county in the East of England and East Anglia. It is bordered by Lincolnshire to the north, Norfolk to the north-east, Suffolk to the east, Essex and Hertfor ...

History

Originally

, the company was one of the British regional water companies privatised in 1989. 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. In March 2006, the construction division of the Morrison business was sold to Galliford Try for £42m. 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. 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. In 2012, AWG sold Morrison Facilities Services to Mears Group for £24m.

Subsidiaries

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:

References

External links

Official siteYahoo profile
{{Authority control Utilities of the United Kingdom Companies based in Cambridgeshire Renewable resource companies established in 1973 3i Group companies Companies formerly listed on the London Stock Exchange 1973 establishments in England British companies established in 1973