Severn Trent
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| Public limited company (plc) | |
| Traded as | : OTCQX: |
| Industry | Water industry |
| Founded | 1985 |
| Headquarters | Coventry, England, United Kingdom |
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Area served
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Midlands |
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Key people
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| Products | |
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Production output
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| Revenue | £1,786.9 million (2016) |
| £523.8 million (2016) | |
| £331.3 million (2016) | |
| Website | www |
Severn Trent plc is a UK water company that is traded on the and is a constituent of the FTSE 100 Index.
Severn Trent, the trading name owned by the above company applies to a group of companies employing more than 15,000 people across the UK, US and mainland Europe, with some involvement in the Middle East.
The main companies in the group are Severn Trent Water and Severn Trent Services.
Severn Trent Laboratories was rebranded as part of Severn Trent Services in 2010 to streamline the company better and to give a single worldwide image, rather than a series of separate organisations with different identities.
As with all UK water companies, Severn Trent is regulated under the Water Industry Act 1991.
Severn Trent Water Authority was established in 1985 through the amalgamation of the pre-existing water supply authorities, the Severn River Authority, the Trent River Authority and the sewage and sewage disposal responsibilities of the councils within its area. In 1989, the authority was privatised under the Water Act 1973, together with the rest of the water industry in England and Wales, to form Severn Trent Water with a responsibility to supply fresh water and treat sewage for around 8 million people living in the Midlands of England and also a small area of Wales. It took its name from the two major rivers in this area, the Severn and the Trent. In 1991 it went on to acquire Biffa, a leading waste management business.
In October 2006 Biffa was demerged from the Severn Trent group and is now listed separately on the . In January 2007 the American side of Severn Trent Laboratories was sold to HIG Capital. In September 2007 the company announced they would be closing their headquarters in the city of Birmingham and relocating to a custom built office complex in the centre of the city of Coventry in autumn 2010.
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Wikipedia