This West Sussex-based company supplies 541m litres of drinking water from 83 treatment plants every day. In 2007, the firm was sold by Royal Bank of Scotland for a reported £4.2bn to Greensands Investments, a consortium of funds led by JP Morgan. Last month, it agreed a £126m penalty with Ofwat, the regulator, made up of a £123m rebate to customers and a £3m fine for “serious failings”. Under chief executive Ian McAulay, 54, sales were £830m in 2018.
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