Grace's Guide

British Industrial History

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Caradon

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1985 Reed Building Products Division was bought-out of Reed International; one of its subsidiaries was Twyfords

1987 Public company incorporated[1]. Supplier of bathroom and building products. Four main brands[2]:

1988 Acquired Meynell Valves and Meynell Showers[3]. Acquired Everest window makers, from RTZ[4]

1989 Acquired by MB Group[5]

1993 Acquired RTZ's Pillar Division[6]

2000 Caradon proposed to sell some of its subsidiaries in order to concentrate on its "intelligent building systems division". The plumbing division (including Mira Showers and Twyford Bathrooms) was sold to HSBC Private Equity and the cheque printing division was being lined up for sale; the aluminium extrusions might also be sold. The name of the company would be changed to Novar, the name of the North American systems division[7]


See Also

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Sources of Information

  1. The Times, June 19, 1987
  2. The Times, June 22, 1987
  3. The Times, May 10, 1988
  4. The Times December 06, 1988
  5. The Times, October 03, 1989
  6. The Times, August 23, 1993
  7. The Times, October 10, 2000