Grace's Guide

British Industrial History

Grace's Guide is the leading source of historical information on industry and manufacturing in Britain. This web publication contains 143,372 pages of information and 230,037 images on early companies, their products and the people who designed and built them.

Cambridge Electronic Industries

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Cambridge Electronic Industries, of Cambridge, maker of electronic componets

1979 Acquired Ajax Machine Tool Co

1980 Floated by Philips: "the bits that Philips did not want".

1981 Public company incorporated[1]

1984 Drop in profits from the company's defence-related work[2]

1988 Acquired 2 of North American Philips' subsidiaries: MEPCO and Dialight; also intended to acquire 2 European component makers; Harry Tee was MD of the electronic components division[3]

1989 Sold Labgear Cablevision; also wanted to sell Belling Lee Intec and Ajax Machine Tools[4]

1989 Owned PED Ltd of Newmarket, makers of relays, solenoids and switches[5]

1991 Acquired Tace and Goring Kerr[6]

1992 Name changed to Graseby[7]. Expertise in emission monitoring was being applied to detection of Semtex explosive

See Also

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Sources of Information

  1. The Times, Jun 20, 1981
  2. The Times, Aug 23, 1984
  3. The Times, August 24, 1988
  4. The Times, June 22, 1989
  5. The Times, October 25, 1989
  6. The Times August 26, 1992
  7. The Times, May 23, 1992