Low and Bonar
1903 Dissolution and formation. '...Firm or Copartnery of DAVID AIR AND COMPANY, Merchants and Commission Agents in Dundee, of which the Subscribers David Air and John Campbell Low were the sole Partners, has been dissolved, by mutual consent, as on the 31st December last. The said David Air will discharge the obligations of the firm and will collect all debts. The Cape Department carried on by David Air and Company has been and will be continued as from said date by the said David Air in Partnership with Thomas Stephen, Merchant, London, John Cargill Fraser, Merchant, Port Elizabeth, Cape Colony, and David Air, junior, Merchant, Dundee, under the same Firm name of David Air and Company, and the Linen and Jute branches of the said dissolved firm or copartnery of David Air and Company have been and will be continued as from said date by the Subscriber the said John Campbell Low, and by the Subscriber George Bonar, Merchant, Dundee, in Partnership, under the Firm name of Low and Bonar...'[1]
1908 John Campbell Low, Junior, becomes a partner.[2]
1912 Started its first jute weaving factory
c1912 Incorporated as a private company
WWII Diversified its business to include bag manufacture and the manufacture of tufted carpet backing.
1947 Became a Public company[3]
1951 The company Group made its first acquisition outside the textiles field, acquiring Bonar Long and Co, a manufacturer of electrical power transformers.
c.1956 Acquired Sturrock Power Installations Ltd[4]
1971 Established a new subsidiary Flotex, to manufacture synthetic fibre carpets.[5]
1976 Abandoned its jute and flax spinning and weaving business by the end of the 1970s and bought Bibby and Baron, a UK-based packaging business
1977 Acquired the GHP Group. [6]
1982 Under the Lazard scheme to reduce capacity in castings, the Bonar Langley Alloys foundry was closed[7]
2008 Sale of Bonar Floors Division.
2020 Producers of a range of advanced, high-performance materials from polymer-based yarns and fibres for building, civil engineering, transportation, industrial and recreational markets.
See Also
Sources of Information
- [1] Company website