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  September 5, 2001
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Home > Company Index > Utilities > Water Utilities > Aquarion Company

Aquarion Company
 PROFILE
And it came to pass that Aquarion bowed before the mighty Kelda of Yorkshire and its land, its water, and its woods were forfeit. Water utility Aquarion's entire domain -- water supply, water management services, real estate, and timber processing -- has been acquired by UK-based utility operator Kelda Group (formerly Yorkshire Water). Aquarion, which operates as a subsidiary of Kelda, has more than 151,000 water utility customers in about 30 communities in Connecticut. The company also provides contract management of municipal water systems through Aquarion Management Services. Subsidiary Timco processes timber.

 COMPETITION
American Water Works Company, Inc. (AWK)
Connecticut Water Service, Inc. (CTWS)
United Water Resources (dossier)

 FINANCIAL OVERVIEW
Fiscal Year-End: December
1998 Sales (mil.): 115.70
1-Yr. Sales Growth: 8.0%
Employees: 384
Revenue per employee: $301,302.08

 KEY PEOPLE
• Richard K. Schmidt
    CEO
• Steven J. Thomas
    CFO

 CONTACT INFO
835 Main St.
Bridgeport, CT 06604
US
Phone: 203-335-2333
Fax: 203-336-5639
Online: Web Site

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