Eurotherm
1965 Eurotherm Controls was formed at Worthing, West Sussex, to manufacture temperature controllers.
Within five years, the entrepreneurial directors of the company had set up a number of loosely related but independent companies to develop and produce other advanced product lines.
- Chessell was created to manufacture data recorders
- Turnbull Control Systems (TCS) was formed to produce advanced process control systems
- Shackleton System Drives (SSD) to produce variable speed electronic drives.
All four companies marketed their specialist offerings internationally
1974 it was decided to create an international holding company, Eurotherm International, to bring management control together under one umbrella.
1978 quoted on the London Stock Exchange in May.
1989, Eurotherm International controlled a significant network of subsidiaries and agents around the world, including the UK, USA, Switzerland, Germany, France, Hong Kong, Italy, Japan, Australia, Holland, Belgium, Scandinavia, Spain, Korea and Ireland.
By the late 1990s, three key Eurotherm companies, Eurotherm Controls, Eurotherm Recorders (previously Chessell) and Eurotherm Process Automation (previously Turnbull Control Systems) amalgamated to form Eurotherm Limited, a corporate structure which is still in place today.
1998 Eurotherm was acquired by Siebe plc, later to become Invensys.
See Also
Sources of Information
- [1] Wikipedia