Philips Electrical Industries Ltd, a subsidiary of N.V. Philips of the Netherlands.
General
1947 Reorganisation by N.V. Philips of its subsidiaries; Philips Lamps and Mullard became wholly-owned subsidiaries of a new company Philips Electrical Industries Ltd[1]
1952 Controlling interest in British Tungsram acquired by Philips Electrical Ltd[2].
1953 Manufacturer of TV sets [3]
1954 As Philips Electrical Ltd. Advert on this page for Electric Philishave Dry Shaver. [4]
1960 As part of the parent company's expansion into various areas of domestic appliances, acquired Ada of Halifax, makers of washing machines and spin driers[5]; arrangement to collaborate with Morphy-Richards would go ahead even though that company was acquired by EMI.
1960 Arthur Guinness, Son and Philips Electrical jointly acquired Crookes Laboratories[6]
1961 As Philips Electrical Ltd. Manufacturers of electrical apparatus, radio, television, record players, tape recorders, lamps and lighting fittings, domestic appliances and amplifying and cinema equipment. [7]
1961 Established Amalgamated Electric Services at Croydon to take over the service departments of[8]:
- Cossor Radio and Television
- Philips Electrical
- Stella Radio and Television
- Peto Scott Electrical Instruments
- Ajax Domestic Appliance Co
1962 Joint venture with EMI to make magnetic tape for both companies in a factory to be built at Hayes[9]. Joint venture of Research and Control Instruments with Redifon of the Rediffusion group, pooling the 2 companies' induction and dielectric heating businesses; to be called Intertherm; based in Brixton[10]
1963 Motor Show exhibitor. Car radios.[11]
By 1965 the British arm of Philips was Philips Electronic and Associated Industries; 30,000 employees[12].
1967 After several years losses, Rediffusion sold its interest in Intertherm to Philips[13]
1967 After a Stock market battle, Philips acquired Pye[14]; shareholders had an option to buy back into the company before 1970.
By 1968 Intertherm was part of the Elphiac Group, which combined the electroheating interests of Philips and ACEC[15]
1968 W. G. Pye and Unicam Instruments were merged to become Pye Unicam; Philips's scientific division from Mullard was also put into the new company[16]
1969 Principal subsidiaries were[17]:
- M. E. L. Equipment Co Ltd
- Mullard Ltd
- Mullard Research Laboratory
- Philips Electrical Ltd
- Ada (Halifax) Ltd
- Pye
1969 Acquired English Electric Arc Welding[18]
1976 Philips Electronics and Associated Industries withdrew from the UK retail and television rental business, selling 155 Loyds shops to a number of other participants in the sector[19]
1976 Philips acquired the consumer businesses (i.e. radio and television) from Pye, which would then concentrate on professional electronics operations[20]
Radio
Television
See Philips Electrical: Television
See Also
Sources of Information
- ↑ The Times, Dec 24, 1947
- ↑ Competition Commission [1]
- ↑ Choosing your Television Set. Published by Freelance in 1953.
- ↑ [2] History World
- ↑ The Times, Sep 06, 1960
- ↑ The Times, Oct 29, 1960
- ↑ 1961 Dun and Bradstreet KBE
- ↑ The Times, Jul 31, 1961
- ↑ The Times, Apr 18, 1962
- ↑ The Times, Jun 28, 1962
- ↑ 1963 Motor Show
- ↑ The Times, Dec 16, 1965
- ↑ The Times, Jul 05, 1967
- ↑ The Times, Feb 18, 1967
- ↑ The Times, Feb 12, 1968
- ↑ The Times, Jul 01, 1968
- ↑ The Times, Jun 02, 1969
- ↑ The Times, Aug 22, 1969
- ↑ The Times July 10, 1976
- ↑ The Times, Dec 14, 1976