Tokyo, Feb 8, 2013 (JCN) - Sumitomo Corporation and Sumitomo Corporation Europe have acquired Sutton & East Surrey Water plc ("SESW"), a water only supply and distribution company in England, through the acquisition of 100% of the share capital of East Surrey Holdings Ltd.
As the new owner of SESW, Sumitomo will be involved in the operation and management of SESW and will endeavour to contribute to improve quality of service by leveraging Sumitomo's extensive water sector experience.
SESW, established in 1862, is the monopoly supplier of drinking water to residential and business customers in the affluent east Surrey, west Sussex, west Kent and south London areas, including Gatwick airport.
SESW's supply area covers a total of 835 km2 and a population of approximately 655,000, through a network including 3,445km of mains, 8 treatment works, 38 pumping stations and 35 service reservoirs and water towers.
SESW's water concession business is responsible for the operation and maintenance of, and the management of capital investment in its water supply infrastructure.
SESW undertakes the complete range of water concession business activities, including the abstraction, treatment and distribution of drinking water, as well as billing, collection and other customer services.
Sumitomo has a keen interest in developing its principal business in the expanding market for water concessions, and through the acquisition of SESW, Sumitomo will become eligible for further water concession opportunities.
Sumitomo will continue to seek opportunities in water concessions around the world, in addition to its BOOT (Build-Own-Operate-Transfer) /BOO (Build-Own-Operate) business in the waste water treatment desalination sectors in the Americas, Asia, China and the Middle East.
Copyright © 2013 JCN. All rights reserved. A division of Japan Corporate News Network KK.
 Company Profile |  Print |  Alerts
|
 |
|
Sumitomo Corporation Establishes TV Home Shopping Company in Thailand
(Mar 5, 2013)
|
|
|
Sumitomo Corporation to Expand First Philippine Industrial Park
(Feb 22, 2013)
|
|
|
Sumitomo Group, Kansai Electric Power Acquire Autralian Power Business
(Feb 15, 2013)
|
|
|
Sumitomo Acquires England's Sutton & East Surrey Water
(Feb 8, 2013)
|
|
|
Sumitomo Group Launches Sukamart.com in Indonesia
(Jan 9, 2013)
|
|
|
Sumitomo Wins EPC Contract for Coal-fired Power Plant in Indonesia
(Dec 18, 2012)
|
|
|
Sumitomo Signs On to Tight Oil Development Project in Texas
(Aug 2, 2012)
|
|
|
Sumitomo Acquires 50% Stake in Isaac Plains from Australia's Aquila Resources
(July 12, 2012)
|
|
|
Sumitomo Concludes Agreement with CompactGTL
(June 26, 2012)
|
|
|
Japanese-led Consortium Wins Talin Thermal Power Plant Project from Taiwan Power Company
(May 21, 2012)
|
|
|
|
|
|
|
Sumitomo Acquires England's Sutton & East Surrey Water (Feb 8, 2013)
|
|
|
Mitsui Chemicals to Lisence Acrylamide Bio-Process Technology to Finland's Kemira OYJ (Jan 22, 2013)
|
|
|
Marubeni Acquires Stake in Philippines' Water and Sewerage Utility (Dec 28, 2012)
|
|
|
Toyobo, ITOCHU and Saudi Arabia's ACWA begin Reverse Osmosis Plant in Saudi Arabia (May 24, 2012)
|
|
|
Teijin's MSABP System Used for Sewage Treatment Plant in China (Mar 23, 2012)
|
|
|
Shuweihat S2 IWPP project in Abu Dhabi Reaches Full Commercial Operation (Mar 15, 2012)
|
|
|
ITOCHU to Deliver Sewage Facilities to Hunnan New Area, China (Mar 15, 2012)
|
|
|
Toray to Supply RO Membrane to Asia's Largest Desalination Plant (Feb 10, 2012)
|
|
|
MOL Vessel Demonstrates Ocean-Going Diesel Particulate Filter (Feb 7, 2012)
|
|
|
Mitsui to Operate New Water Treatment and Waste Water Treatment Plant in China (Dec 30, 2011)
|
More Water news...
|
|
