B. L. I. C.
1927 Joseph Lucas Ltd acquired B.L.I.C. Ltd., a company whose principal product was magnetos but which had also developed a lighting and starting set. This latter project is said to have been unsuccessful and Lucas purchased the business for £9,000 on the general grounds that although there might be a loss on the realisation of the assets acquired it was desirable to keep other people from obtaining the trade name and developing competition to a small but irritating extent.
Sources of Information
-  Competition Commission Web Site