MarketThe Peel Group
Company Profile

The Peel Group

The Peel Group is a British infrastructure and property investment business, based in Manchester. In 2022, its Peel Land and Property estate extends to 13 million square feet (1.2 km2) of buildings, and over 33,000 acres (13,000 ha) of land and water. Peel retains minority stakes in its former ports business and MediaCityUK.

History
Name and listings The Peel Group was known from 1973 to 1981 as Peel Mills (Holdings) Ltd; from 1981 to 2004 as Peel Holdings plc, and then the wider organisation took its present form. Inspired by the Peel Tower near his native Bury, Whittaker retained the name Peel Mills Ltd for his property and cotton business. Early acquisitions John Whittaker began assembling the business in the 1960s, supplying aggregate from his family's quarries to projects such as the M63 motorway. By 1987 he had acquired control of the business and bought out the remaining minority shareholders in 1993. Trafford Centre In 1987, Peel submitted a planning application for a shopping centre development on land attached to the Manchester Ship Canal, adjacent to the M63, now the M60, in Trafford. It opened in 1998 after one of the most prolonged and expensive planning processes in British history. Airports Ports at pontoon berth, and Clydeport container cranes at main quay, 2022 MediaCityUK In 2007, Peel obtained planning permission to develop a site on the banks of the Manchester Ship Canal in Salford. It became the new home of the BBC in the north of England. Other studios in the complex include Peel Group operated dock10; ITV's northern facilities including those for Coronation Street, and the University of Salford. Plans for a £1bn expansion to MediaCityUK were approved in 2016. The development would double the size and include more TV studio and production space as well as shops, offices, a 330-bed hotel and 1,400 homes (Manchester Waters). In 2021, Landsec acquired a stake in MediaCityUK, buying out a share Legal & General purchased in 2015, reducing Peel's share to . Landsec purchased the remaining share of the site in November 2024. Pinewood Studios In 2011, Peel acquired a controlling 71% interest in Pinewood Shepperton Plc for £96 million. In 2016, it cut its stake in the film studio operator from 58% to 39%, and then sold the remainder to Leon Bressler's PW Real Estate Fund. Energy Peel opened a 65 MW Scout Moor Wind Farm between Edenfield and Rochdale in 2008. Their remaining interest in Scout Moor was sold to MEAG in October 2012. 10 MW Huskisson Dock Wind Farm in 2009 and took over management of the 3.6 MW Port of Seaforth Wind Farm. 50.35 MW Frodsham Wind Farm and 8.2 MW Port of Sheerness Wind Farm both of which became operational in late 2016. Peel obtained planning consent for a 20 MW biomass combined heat and power power station at Barton, Greater Manchester. In 2015 Peel announced £700 million Protos scheme on a site near Ellesmere Port. Phase One included a 21.5 MW biomass facility and 19-turbine wind farm and was opened in January 2017 by Andrew Percy, Minister for the Northern Powerhouse. Retail and leisure Housing In March 2016 Peel Land and Property announced plans to build 30,000 homes across its estate over the next 30 years. In 2022, Peel Land and Property promoted closure of Chatham Docks to make way for 3,625 new homes, and commercial uses. It argued the cost of refurbishing the dock gates was not economic. ==Business structure==
Business structure
The Peel Group has a complex business structure, consisting of 342 registered and active companies and subsidiaries excluding Peel Ports in the UK. Its ultimate parent company is the Isle of Man-based Tokenhouse Ltd. ==Controversies==
Controversies
Hunterston Parc Campaigners objected to an LNG terminal Peel proposed for Hunterston Parc, Largs. The scheme included a combined cycle gas turbine power station; deep water port; facilities for oil rig decommissioning; a site for the recycling and storage of plastics, and dredging 2.4 million cubic metres of seabed. No environmental impact assessment was provided for the development. Hunterston fatality Peel's Clydeport business was fined £5,000 in 2001 following a shore side fatality at Hunterston Terminal. The prior year it paid a £7,500 fine for an earlier incident. Flying Phantom In 2014, Peel's Clydeport business pleaded guilty to health and safety breaches and was fined £650,000 following a triple fatality. River Clyde tug Flying Phantom capsized in the 2007 incident. Judgement found there had been systematic failure in risk assessments and safe systems of work. The charges also related to a similar incident involving the tug in 2000. Fracking collusion In 2014, high level collusion was found between Peel, police and a council. Documents revealed Salford Council, IGas Energy, Greater Manchester Police and Peel were sharing intelligence during anti-fracking protests at Barton Moss. Excessive influence In 2013, a report by Liverpool think-tank ExUrbe criticised Peel's excessive influence on affairs and development in the Liverpool region, claiming Peel "blurred the boundaries between public and private interests". Tax evasion In June 2013, Margaret Hodge, Chair of the Public Accounts Committee, accused Peel of tax dodging, and explained some parts of the group pay on average 10% Corporation Tax, and the more profitable ones paid no tax at all. HMS Plymouth In 2006 Peel required the Warship Preservation Trust to leave their Birkenhead premises. The trust was unable to find an alternative location for its vessels and shut down. HMS Plymouth remained berthed and Peel took possession. In 2014, campaigners disputed the legality of those ownership rights. The group accused the port of allowing the ship's condition to worsen in order to make any attempt to move/preserve her appear unfeasible. The campaigners were also critical of the way the subsequent sale of the vessel to Turkey for scrap was conducted. Marine Terminals industrial action In 2009, following redundancies (layoffs) at Peel's Marine Terminals Ltd subsidiary in Dublin, and eight weeks of industrial action, strikers seized the cargo handling company's control room. In co-ordinated action, Dutch FNV Union occupied the headquarters of sister subsidiary BG Freight's head office in Rotterdam. Peel had hired private security firm Control Risks to police their Dublin facility. MV Francop During unloading of the MV Francop at Peel's Dublin container port a sailor was crushed to death. During the 2018 incident a stack of four cargo containers was lifted off the vessel with a crane, resulting in the bottom container parting from the stack and falling onto the sailor. It was alleged against Peel's subsidiary Marine Terminals Ltd that there was no appropriate planning, instruction, communication and supervision of the method to insert a missing deck lock under the bottom container in the stack. Warrington traffic In 2014, Warrington Council accused Peel's Manchester Ship Canal of "self interest" and prioritising canal users rather than vehicle traffic in its operation of swing bridges over the canal. The council and canal operator subsequently announced they would work together. Residents were particularly concerned about the situation when the M6 Thelwall Viaduct had to be closed for maintenance, leaving no alternative route locally across the canal. Land hoarding In his 2019 book Who Owns England, Guy Shrubsole describes Peel as one of the 'secretive' companies that "hoards England's land" and has made significant impacts, good and bad, on the environment and people's lives: World Heritage loss In July 2021, the World Heritage Committee cited the development of Liverpool Waters as a reason for the revocation of Liverpool's World Heritage status. Peel Ports have insisted that their "willingness to invest in the harbour remains steadfast". The situation has been made worse since the closure by Peel Ports of the harbour's other berth in February 2024 due to safety concerns, meaning that relief vessel MV Alfred cannot operate from Ardrossan. Peel Ports were criticised by then-CalMac CEO Robbie Drummond for allowing the berth "to remain in a state of disrepair". Since the arrival of Glen Sannox and the ongoing presence of Alfred on the route, ferry services have operated to Troon in South Ayrshire, causing longer journey times and reduced sailing frequency. In early 2025, the Scottish Government announced that they were considering buying Ardrossan Harbour due to the lengthy delay in agreeing the upgrade project between themselves, Peel Port, and North Ayrshire Council. In May 2025, there was criticism from campaigners due to slow progress in the potential harbour buyout process, with the situation being described as a "stalemate". Peel Ports accused the Scottish Government ferry agency, Caledonian Maritime Assets (CMAL), of not engaging with them with sufficient "pace and energy". ==References==
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