Caparo Group
1968 Natural Gas Tubes established by Mr (later Lord) Swraj Paul. The company, based in Huntingdon in Cambridgeshire, manufactured spiral weld tubes and achieved first year sales of £14,000.
1977 New factory opened in Tredegar
1978 Opened spiral weld mill for cold-formed welded tube and hollow sections manufactured by the electric resistance welding
1979 Caparo Group formed
1980 Acquired public company LK Industrial Investments which became Caparo Industries.
1981 Acquired Central Manufacturing and Trading
1983 Caparo Industries acquired Barton Group of Birmingham, makers of tubing and provider of industrial services and engineering[1]
1984 Acquired Wrexham Wire
1984 Proposed to inject funds into Brockhouse[2] but in the end failed to acquire that company.
1984 Caparo Industries acquired Fidelity Radio but this later hit the group's profits when unexpected losses were found[3]
1985 Caparo Industries and British Steel jointly instituted a venture in merchant bar production at Scunthorpe, using an existing mill building but with state of the art technology.
c.1985 Acquired Adams and Benson[4]
1989 Take-over of Armstrong Equipment
1991 Company became private.
1995 Second steel re-rolling mill at Scunthorpe
2004 Acquired Tyco European Tubing and Steel Strip, including Accles and Pollock
2005 Acquire H. S. Pitt and Fairbright Industries, and the vibration mounting business of Silvertown.
See Also
Sources of Information
- Caparo Group [1]