Davy International
1973 All the subsidiary companies of Davy-Ashmore were brought under a common name - Davy International Ltd. 4 divisions were created:
- Davy Products, the smallest division, consisted of Davy Roll Co Limited and Davy Instruments Limited.
- Davy Loewy - the mills and machinery division, which designed, engineered and manufactured machinery for the forming and shaping of ferrous and non-ferrous metals.
- Davy Ashmore International - contract engineering division for the metals industries, particularly iron and steel.
- Davy Powergas International, the largest division, contract engineering for the process industries.
1974 Davy International, having purchased 29% of British Rollmakers Corporation, the other large maker of rolls in the UK, made a take-over offer which was rejected by the Monopolies and Mergers Commission[1].
1976 Acquired Head, Wrightson and Co.[2]
1977 Acquired Herbert Morris[3] and Lloyds British Testing Co
1978 Acquired McKee Corporation of Cleveland, Ohio; Davy changed its name to Davy Corporation with 2 main subsidiaries:[4]
- Davy International, handling engineer and construction
- Davy Engineering Industries, handling the equipment design and manufacturing activities.
1991 Trafalgar House raised money through a rights issue to buy Davy Corporation which was loss-making[5]
1991 Davy Corporation had various subsidiaries[6]:
- Davy McKee (Sheffield)
- Davy (Distington)
- Davy Computing
- Davy Loewy
- Davy Roll Co and 2 other subsidiaries with similar names
- Davy Instruments
- Ashlow Engineering
- Ashlow Technology
- Armstrong Whitworth
- Armstrong Whitworth Rolls
- B. and S. Massey
- Stockton Precision Forge
- Hille Engineering
- John M. Moorwood
- Turner Chilled Rolls
1994 One of four main businesses in Trafalgar House.[7]
1996 Davy Corporation PLC was re-registered as Davy Corporation Ltd
See Also
Sources of Information
- ↑ http://www.competition-commission.org.uk/rep_pub/reports/1970_1975/076davy.htm
- ↑ Aberdeen Press and Journal - 24 November 1976
- ↑ The Times, July 27, 1977
- ↑ The Times, Sept. 27, 1978
- ↑ The Times, June 26, 1991
- ↑ Companies House filing
- ↑ CIO 1994/05/15 p56