PD Ports
   PD Ports is owned by Brookfield   www.brookfield.com
 
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Company Overview:

PD Ports is a leading UK ports business, based in the North East of England and operating throughout the UK from bases at many key UK ports and logistics centres.

Map of PD Ports site locationPD Ports is owned by Canadian-based Brookfield. Brookfield is a global asset manager focussed on property, renewable power and infrastructure assets, with over US $100 billion of assets under management. Brookfield is listed on the New York and Toronto stock exchanges under the symbol BAM and on Euronext under the symbol BAMA.

The main business interests of PD Ports are:

Port Operations:

PD Ports owns and operates the Ports of Tees and Hartlepool (Teesport), a major deep sea complex located on the North East coast of England, at the heart of the industrial Tees Valley. For the year ended March 2005, Teesport was the UK’s second largest port by tonnage, with a throughput of 56 million tonnes. PD Ports also owns and/or operates in ports on the Humber estuary, Rivers Trent and Ouse, at Medina Wharf, Isle of Wight and operates a logistics business (PD Logistics) in support of its port operations.

Property:

PD Ports has an extensive property portfolio of over 925 hectares, of which over 85% is freehold land. The land properties are primarily located at Teesport.

History:

1852
The origins of PD Ports started in the 19th Century when the Tees Conservancy Commissioners were formed in 1852 to look after the interests of river and port users on the Tees
1864
Powell Duffryn Steam Coal Company formed (elements of which became part of PD Ports plc)
1966
Tees Conservancy Commissioners became Tees and Hartlepool Port Authority (THPA) under an Act of Parliament
1992
Powell Duffryn Plc, 3i and Humberside Holdings Limited each took one third interests in THPA, at the time of the privatisation
1995
Powell Duffryn Plc (ports and engineering group) acquired 100% of the business
2000
Nikko Principal Investments (Nikko) acquired PD Ports as part of its £507 million takeover of Powell Duffryn Plc
2001
Nikko refinanced PD Ports through a whole-business securitisation of a major part of the business, raising £305m
2004
Nikko sold PD Ports to PD Ports plc, who floated the company on the Alternative Investment Market (AIM) & subsequently the Official List
2006
BBI acquired PD Ports plc for an enterprise value of £566m
2009
Brookfield purchased PD Ports and its equity
Company registration details:

PD Ports is Registered in England No. 5083373
Registered Office:-
PD Ports
17-27 Queens Square
Middlesbrough
TS2 1AH

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