Grace's Guide

British Industrial History

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Standard Industrial Group

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Standard Industrial Group Ltd, an industrial holding company

1960 Kamra Investments acquired Standard Industrial Trust and in consequence changed its name to Standard Industrial Group[1].

1960 Acquired Price and May; sold its 73% holding in Crittall-Aquafont[2].

1961 Acquired Chessington Zoo [3]. Acquired Gloucester Carpet Co and Hadley Telephone and Sound Systems[4]. Acquired Matthews and Yates of Swinton[5].

1961 Formed Standard Industrial Holdings to hold the industrial interests; this new subsidiary also received funding from Minerals Separation and S. G. Warburg who would own 60% of it[6].

1962 Standard Industrial Holdings purchased Turner and Brown of Bolton, chemical plant engineers[7] and J. W. Jackman and Co of Manchester, foundry equipment makers. Standard Industrial Group purchased Spirella Co of Great Britain, makers of foundation garments[8]. The 2 entities purchased Bulk Storage Ltd and Bulk Storage (Transport) Ltd[9] and John Davis and Son of Derby[10].

1963 Sold interest in W. N. Froy and Sons[11]. Acquired Richard Cooper and Co (Ashbourne) Ltd, with its subsidiary Knitted Garments Ltd, and Seak Ltd with its subsidiary Splendida Ltd[12].

1965 Acquired Glass (Coventry) Ltd, glazing contractors[13].

1966 Lazard Brothers and Co controlled 22% of the company[14]. Minerals Separation sold their share of Holdings to Group and acquired Richard Cooper and Co (Ashbourne) Ltd which had been contributing about half of the Holding company's profits[15].

1967 Standard Industrial Group purchased 58% of Allied English Potteries in exchange for 8 million shares which gave S. Pearson and Son a majority holding in SIG[16]. M. Appleson was a wholly owned subsidiary[17].

1969 Was one of S. Pearson and Son's quoted subsidiaries at the time of the flotation of the parent company; had interests in pottery, glass, engineering and warehousing industries, an issuing house, and Chessington Zoo[18].

1969 S. Pearson and Son bought the remainder of SIG that it did not already own[19].

See Also

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Sources of Information

  1. The Times, 4 February 1960
  2. The Times, 5 October 1960
  3. The Times, 21 March 1961
  4. The Times, 7 April 1961
  5. The Times, 4 July 1961
  6. The Times, 21 December 1961
  7. The Times, 12 February 1962
  8. The Times, 28 February 1962
  9. The Times, 30 April 1962
  10. The Times, 6 June 1962
  11. The Times, 20 May 1963
  12. The Times, 25 May 1964
  13. The Times, 2 April 1965
  14. The Times, Monday, Feb 14, 1966
  15. The Times, 23 December 1966
  16. The Times, 8 April 1967
  17. The Times, 5 October 1967
  18. The Times, 23 April 1969
  19. The Times, 27 November 1969
  • The Times, 11 August 1969