Grace's Guide To British Industrial History

Registered UK Charity (No. 115342)

Grace's Guide is the leading source of historical information on industry and manufacturing in Britain. This web publication contains 167,394 pages of information and 247,064 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.

London Merchant Securities

From Graces Guide

1873 Founded as the London and Hanseatic Bank.

1900 Incorporated as a Limited Company.

1916 London and Hanseatic Bank changed its name to the London Merchant Bank.

1939 London Merchant Bank became London Merchant Securities.[1]

1960 London Merchant Securities acquired 41 percent of the shares in Sanitas Trust[2]

1962 Owned British Property Investment Trust and New River Co, Invergordon Distillers, Westerham Press and a minority stake in Sanitas Trust[3]

1966 Acquired the Haddon Group.[4]

By 1967 Carlton Investments owned 33 percent of Bristol Plant Hire; Bristol acquired Ames Plant Hire from Carlton in exchange for shares[5]

1969 London Merchant transferred Haddon Group and Westerham Press to Sanitas Trust[6]

Bristol Plant hire became a subsidiary of Carlton Investments, part of London Merchant Securities[7]

1977 Owned controlling stakes in Carlton Industries and Invergordon Distillers[8] as well as interests in property, financial services and North Sea Oil[9]

1984 Sold the minority of Carlton Industries that it owned to Hawker Siddeley[10]

2007 London Merchant Securities merged with Derwent Valley Holdings to form Derwent London.

See Also

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Sources of Information

  1. Sheffield Daily Telegraph - 04 August 1939
  2. The Times Oct. 14, 1960
  3. The Times Oct. 19, 1962
  4. Leicester Daily Mercury - 10 August 1966
  5. The Times Dec. 15, 1967
  6. The Times Mar. 13, 1969
  7. The Times July 7, 1970
  8. The Times June 16, 1977
  9. The Times Apr. 28, 1978
  10. The Times Mar. 8, 1984