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 Babcock & Brown Infrastructure
Limited (BBI), an investor in quality infrastructure
assets and listed on the ASX Stock Exchange in Australia.
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 acquires PD Ports plc for an enterprise value
of £566m |
|
