Hutchison Whampoa
| Hutchison Whampoa Limited
|
|
|---|---|
 |
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| legal form | Limited |
| founding | 1828 |
| resolution | 3rd June 2015 |
| Reason for dissolution | Restructuring to CK Hutchison Holdings |
| Seat | Hong Kong |
| management | Li Ka-shing |
| Number of employees | approx. 220,000 |
| Website | www.hutchison-whampoa.com |
Hutchison Whampoa Limited (HWL), SEHK: 0013, based in Hong Kong , was one of the largest companies listed on the Hong Kong Stock Exchange and was listed on the Hang Seng Index . The globally active conglomerate was part of the Cheung Kong Group before it was restructured in June 2015 under the name CK Hutchison Holdings and Hutchison Whampoa Limited was incorporated. HWL's CEO was Li Ka-shing , who owned (directly or through equity investments) a total of 55% of the shares in HWL.
history
Hutchison Whampoa emerged in 1977 from two companies founded in the 19th century: Hongkong and Whampoa Dock (founded in 1863) and Hutchison International (1877). Hutchison International acquired a majority stake in Hong Kong Whampoa Dock under Douglas Clague in the 1960s. In 1977, Hutchison acquired all of Hong Kong and Whampoa Dock and became Hutchison Whampoa Limited . In 1979 Li Ka-shing bought 22% of the shares in HWL and became company chairman.
Companies
HWL operated in 56 countries and employed over 220,000 people worldwide. The company had five core areas:
- Ports and related services
- Real estate and hotels
- retail trade
- Energy, infrastructure, investments
- telecommunications
The business activities were present worldwide with the exception of China . Chinese holdings from the five strategic business areas were mostly owned by Cheung Kong Holdings , despite the possible loss of synergy effects . The largest market for HWL was Asia and Oceania, where it generates 46% of its revenues (of which 20% Hong Kong and 8% China and the remaining 18% in the rest of Asia and Australia). Close behind was Europe, where HWL generates 41% of its sales. (As of 2005)
Ports and related services
Hutchison Port Holdings (HPH) and Hong Kong International Terminals (HIT) have been the world's largest port investors, developers and operators, operating in Europe, North and South America, Asia, the Middle East and Africa. HPH operates in five of the seven busiest container ports in the world and handles 13% of global container throughput (67.6 million TEU - standard containers).
Real estate and hotels
From iconic office buildings such as those in Hong Kong , Beijing , Shanghai to luxury residential properties in London , Singapore and the Bahamas , Hutchison Whampoa Properties Limited develops and invests in leading real estate. Together with Cheung Kong Holdings , HWL has established the joint venture Harbor Plaza Hotel Management (International) Limited to operate and manage hotels under the portfolio of the Hutchison Property division.
retail trade
HWL was represented in the retail sector with 7600 stores and 98,000 employees in 34 countries in Europe and Asia.
AS Watson & Co., Limited ( ASW ), the retail division of HWL, operates its flagship retail chains in Asia ( Watsons Your Personal Store , PARKnSHOP -Supermarket, the TASTE food gallery , the exquisite boutique-style food hall GOURMET , the GREAT food hall, the store for electrical appliances Fortress, Watson's Wine Cellar and the duty-free supplier Nuance-Watson).
In Europe, ASW's retail network comprised the following health and cosmetics chains (in some cases only minority interests): DC, Drogas, Kruidvat , Rossmann Group (40 percent of the shares), Savers, Superdrug, Trekpleister, Spektr, Watsons Your Personal Store, and Luxury perfumeries and cosmetic retail brands: Marionnaud , ICI PARIS XL and The Perfume Shop. AS Watson is the world's largest health and cosmetics retailer.
Energy, infrastructure, investments and others
Cheung Kong Infrastructure (CKI), the infrastructure division of HWL, was a diversified infrastructure company with businesses in the transportation, energy, infrastructure materials, water treatment and similar businesses. HWL also held shares in Hong Kong Electric Holdings (HEH), the sole electricity provider for Hong Kong Island and Lamma Island . Hutchison was also a major shareholder in Husky Energy , one of Canada's largest energy companies and dependent companies.
telecommunications
Under the brand name 3 HWL for operation as mobile operators in nine countries mobile networks with the transmission standard UMTS / HSDPA (3G), in Denmark , Great Britain , Indonesia , Ireland , Italy ( H3G ) Austria ( Hutchison Three Austria ), Sweden and Hong Kong . In Israel , the established brand name “ Orange ” was used instead of 3 for the UMTS offer. The national companies in Hong Kong and Israel belonged to HWL only indirectly through Hutchison Telecommunication International Limited . In December 2014, 3Group Europe had a total of around 29½ million customers across Europe and achieved sales of around EUR 7.657 billion.
In addition, HWL held 50.0036% (as of June 2007) in the listed company Hutchison Telecom International Limited. involved. This mainly bundled the GSM and CDMA business in Asia with a total of over 26.5 million customers (as of September 2006).
In Europe, HWL became known mainly through the establishment of Orange . After Orange was sold to France Télécom in 2001 (with a brief stop at Mannesmann AG ), the “Orange” brand is only used in Asia and Oceania.
Hutchison tried to be the first UMTS provider in Great Britain to go on the European market in 2002. However, due to delays, this only took place in the course of 2003.
Telecommunications in Germany and the Mannesmann trial
In 1992, HWL took a stake in a company founded by René Obermann and Andreas Wilhelm Gerdes in Germany, which later became known as Hutchison Telecom . After Obermann left in 1998, Hutchison Telecom GmbH was sold to Orange, which at the time was still majority owned by HWL.
In the hostile takeover of Mannesmann by Vodafone in 2000, HWL, as the largest single shareholder in the Mannesmann Group, played a role that was heavily dealt with in the German media as part of the Mannesmann trial .
In 2000, Hutchison Whampoa and the German mobile network operator E-Plus participated in the auction of UMTS licenses in Germany . Shortly after the successful auction, the company parted with the stake again.
From 2000 to 2001, HWL was the largest non-state shareholder in Deutsche Telekom . HWL received the 170 million shares as part of a share swap on the occasion of the takeover of Powertel and Voicestream by Deutsche Telekom. In August 2001, HWL sold 44 million of its shares valued at around EUR 1 billion in Deutsche Telekom AG , causing the share price to slide.
Web links
- Official website of CK Hutchison Holdings Limited
- Hutchison Whampoa website ( updated June 3, 2015 )
- Website of the 3 group
Individual evidence
- ↑ Hutchison Whampoa Limited: Telecommunications Overview ( Memento of the original from November 24, 2010 in the Internet Archive ) Info: The archive link was inserted automatically and has not yet been checked. Please check the original and archive link according to the instructions and then remove this notice.
- ↑ Hutchison Telecommunication International Limited : Our Business ( Memento of the original from June 19, 2009 in the Internet Archive ) Info: The archive link was inserted automatically and has not yet been checked. Please check the original and archive link according to the instructions and then remove this notice.
- ↑ Facts & Figures Hutchison 3G Austria GmbH
- ↑ 14/06/2007 - Discloseable Transaction (Re. On-market purchases) ( Memento of the original from September 26, 2007 in the Internet Archive ) Info: The archive link was automatically inserted and not yet checked. Please check the original and archive link according to the instructions and then remove this notice. (PDF; 44 kB)
