Radio and Television Trust
1946 The Philco Radio and Television Corporation of Great Britain changed its name to Radio and Television Trust Ltd. in order to acquire export rights which were specifically excluded from the pre-war agreement with Philco Corporation of America. The Philco name would only be used for products sold in Britain; Airmec International Sales was formed to handle exports of products under the Airmec name.
1948 In view of the government controls on supplies of certain materials, it was expected that the non-radio activities would be the areas for growth in future.
1948 November, ceased radio production; the distributors would set up a new company to supply Philco brand radios.
1949 Subsidiaries included:
- Hopkinson Electric Co Ltd of Cardiff
- Britannic Electric Cable and Construction Co Ltd
- British Mechanical Productions Ltd
- General Accessories Co Ltd
1959 Daniel Dan Prenn took a controlling interest in Radio and Television Trust Ltd. Russian-born Prenn had arrived in the UK in 1933; he set up a number of electrical companies which were mostly still in private hands, including a "large loudspeaker manufacturer" (Rola Celestion). It was hoped that British Communications Corporation Ltd would be transferred to Radio and Television Trust because of the close correspondence of its business with that of Airmec.
Sources of Information
- The Times, 6 March 1946
- The Times, 17 December 1947
- The Times, 26 November 1948
- The Times, 21 January 1949
- The Times,3 January 1955
- The Times 20 Auguts 1955
- The Times, 3 March 1959
- The Times, 23 December 1968
- The Times, 30 August 1962