Grace's Guide To British Industrial History

Registered UK Charity (No. 1154342)

Grace's Guide is the leading source of historical information on industry and manufacturing in Britain. This web publication contains 167,649 pages of information and 247,065 images on early companies, their products and the people who designed and built them.

Grace's Guide is the leading source of historical information on industry and manufacturing in Britain. This web publication contains 147,919 pages of information and 233,587 images on early companies, their products and the people who designed and built them.

Charterhouse Group

From Graces Guide

1925 Company incorporated to help finance good class businesses.[1]

1934 Public company.

1934 Acquired an interest in Spring Grove Laundries.

1938 Charterhouse Investment Trust was converted from a finance company into an investment trust, with advantages as to how it could pay dividends to shareholders; it would own the reconstituted finance company, Charterhouse Industrial Development Co, and Monument Properties Trust as well as marketable securities.[2]

1943 Acquired 80 percent of the marketable shares in Methuen and Co[3]

1949 Acquired an interest in Edmundsons Electric Co

1953 Reorganisation of the Charterhouse Group, raising additional funds.[4]

1966 With Linpac Containers acquired 35 percent of a Spanish maker of corrugated board[5]

1966 Through its subsidiary, Newage Engineers Ltd, acquired P. R. Motors

1967 Formed Charcon to hold the group's wholly-owned interests in the construction and building products industries[6]

1971 Formed Ventas Distribution Ltd to hold its electrical equipment wholesalers.

1982 Led a consortium which acquired 90 percent of Coloroll[7]

1982 Leader of a consortium which acquired a large part of the shareholding of F. W. Woolworth and Co; there was no property companies or retail groups in the consortium; it announced it had no intention of asset stripping.[8]

1984 Management buyout of 9 industrial companies, including Coloroll and Newage Transmissions, from Charterhouse Group; the companies were put together in a new company called Paragon[9]


See Also

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Sources of Information

  1. The Times Jan. 3, 1944
  2. The Times Dec. 3, 1938
  3. The Times Jan. 3, 1944
  4. The Times Jan. 19, 1953
  5. The Times Aug. 1, 1966
  6. The Times June 26, 1969
  7. The Times, Apr 14, 1982
  8. The Times, Oct 01, 1982
  9. The Times, Nov 22, 1984