December 26, 2014 1:40 AM ET

Transportation Infrastructure

Company Overview of Associated British Ports Holdings Limited

Company Overview

Associated British Ports Holdings Limited owns and operates ports in England, Scotland, and Wales. Its ports handle bulk cargoes; solids and liquids; containers; roll-on/roll-off; passengers and cruises; a range of products that fall under the heading "general cargo"; cars; petroleum, coal, and other energy products; and provides services to trade sectors, such as the offshore wind and renewable energy industries. The company also operates marinas with facilities, including washing and laundry facilities, as well as a chandlery, boatyard services, and a fuel supplier. In addition, it offers specialist marine environmental services to a range of marine-related industries; specialist consultan...

Aldwych House

71-91 Aldwych

London,  WC2B 4HN

United Kingdom

Founded in 1962

2,423 Employees

Phone:

44 20 7430 1177

Fax:

44 20 7406 7896

Key Executives for Associated British Ports Holdings Limited

Chief Executive Officer and Executive Director
Chief Financial Officer
Chief Executive Officer of Amports - Ports & Transport USA and President of Amports - Ports & Transport USA
Managing Director of ABP Marine Environmental Research (ABPmer)
Managing Director of ABP Connect
Age: 62
Compensation as of Fiscal Year 2014.

Associated British Ports Holdings Limited Key Developments

Malaysian Employees Provident Reportedly Eyeing ABP Stake

Employees Provident Fund of Malaysia is interested in taking over a stake in Associated British Ports Holdings Limited (ABP). The fund is reported to be preparing a $2 billion bid for a stake in ABP. Wall Street Journal reported citing people familiar with the matter as saying that Employees Provident has engaged bankers in order to help it acquire a 33.3% stake in ABP jointly owned by The Goldman Sachs Group, Inc. (NYSE:GS) and Prudential plc (LSE:PRU). ABP announced on October 16, 2014 that the two firms were looking for a buyer for their combined stake.

Goldman Mulls To Sell Holding in ABP

The Goldman Sachs Group, Inc. (NYSE:GS) has begun the process of selling its stake in Associated British Ports Holdings Limited (ABP) that runs many of the U.K.'s ports. In a statement to bondholders marking the formal start of the sale process, ABP said that GS Infrastructure Partners I, L.P. and Infracapital Partners LP are looking for a buyer for their 33.3% holding in ABP. "The company does not anticipate that this will result in any changes at an operational level," said ABP. Borealis Infrastructure Trust and GIC Special Investments Pte. Ltd. each owns a third of ABP. Spokespeople for ABP, Goldman and Infracapital declined to comment further on the sale process.

Associated British Ports Reports Earnings Results for the Six Months Ended June 30, 2014

Associated British Ports reported earnings results for the six months ended June 30, 2014. The company reported that loss attributable to equity shareholders for the six months ended June 30, 2014 was GBP 168.3 million, compared to a profit attributable to equity shareholders of GBP 65 million for the same period ended June 30, 2013. Revenue for the six months ended June 30, 2014 was GBP 256.1 million, compared to GBP 244.9 million for the same period ended June 30, 2013. Gross profit for the six months ended June 30, 2014 was GBP 158.1 million, compared to GBP 150.9 million for the same period ended June 30, 2013. Operating profit for the six months ended June 30, 2014 was GBP 112.6 million, compared to GBP 78.6 million for the same period ended June 30, 2013.

Similar Private Companies By Industry

Company Name Region
RMS Group Holdings Limited Europe
Great Yarmouth Port Company Limited Europe
ABC Leisure Group Limited Europe
Birmingham Airport Limited Europe
Charles M.Willie & Co.(Shipping) Ltd Europe

Recent Private Companies Transactions

Type
Date
Target
No transactions available in the past 12 months.
 

Stock Quotes

Market data is delayed at least 15 minutes.

Company Lookup

Most Searched Private Companies

Company Name Geographic Region
Bertelsmann AG Europe
Lawyers Committee for Civil Rights Under Law United States
NYC2012, Inc. United States
Rush University United States
Citizens Budget Commission United States

Sponsored Financial Commentaries

Sponsored Links

Report Data Issue

To contact Associated British Ports Holdings Limited, please visit www.abports.co.uk. Company data is provided by Capital IQ. Please use this form to report any data issues.

Please enter your information in the following field(s):
Update Needed*

All data changes require verification from public sources. Please include the correct value or values and a source where we can verify.

Your requested update has been submitted

Our data partners will research the update request and update the information on this page if necessary. Research and follow-up could take several weeks. If you have questions, you can contact them at bwwebmaster@businessweek.com.