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