United Global Water Holdings Limited was founded in 2014 by the Private Equity conglomerate Hess Group International. The company, through its subsidiaries, operates and/or develops distinct water-focused business lines.
OUR BUSINESS MODEL
United Global Water commercializes wastewater treatment solutions making it the most economical solution to corporations’ wastewater disposal needs.
The underlying business model is based on four core strategies that are implemented through own specialized subsidiary companies as well as through licensed distribution and service partners.
Own and operate spring and artesian water sources.
Develop and sponsor technologies focused on water purification and wastewater treatment.
Build a water distribution and export business to supply water to regions with a high demand.
Expand the footprint by entering the business of trading water rights.
United Global Water Holdings Limited is organized in a way that the technical expertise and know how is secured on subsidiary level.
Each subsidiary company has a highly sophisticated and dedicated management team with a proven and recognized track record which spans over 20+ years.
The board is responsible for creating value for shareholders, determining strategy, investment and acquisition policy, approving significant items of expenditure as well as financing and legal matters.
The company reports annually on the number of board and committee meetings held during the year and the attendance.
On holding level, the board of directors and management team consists out of entrepreneurs, finance experts, and professionals of the resource industry.
The board is aware that the culture set by the board will greatly impact all aspects of the company as a whole and the way that partners, contractors and advisors behave.
The corporate governance arrangements that the board has adopted are designed to ensure long term value and returns to its shareholders.