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British Industrial History

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Trafalgar House

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Trafalgar House plc was a conglomerate with interests in property investment, property development, engineering, construction, shipping, hotels, energy and publishing.

1957 Incorporated as a private company Eastern International Property Investments Ltd[1]

1962 Name changed to Trafalgar House Ltd

1963 Public company incorporated, for purposes of property development and investment; the company owned several subsidiaries and a substantial property portfolio.

1966 Shares traded publically

1967 Acquired Ideal Homes

1968 Acquired Trollope and Colls, builder and property developer[2]

1970 Acquired The Cementation Co[3] and several London hotels.

1971 Acquired Cunard[4]

1973 Brought all of its offshore supply activities into one division: Offshore Marine[5]

1974 Sold several subsidiaries which made concrete pipes[6]

1976 Acquired Clark and Fenn building products group[7]

1982 Bought Redpath Dorman Long from British Steel for £10 million. Unions representing the 3,200 RDL workforce feared for major job losses.[8] Eventually merged with Cleveland Bridge and Engineering Co. From the 1st October the structural engineering division was controlled under the collective umbrella of Cleveland Redpath Engineering Holdings.[9]. Sold Fleet Holdings, the newspaper interests.

1984 A consortium of Trafalgar House and Howard Doris took over the Scott-Lithgow yard for £12m on 28th March, which constructed oil-rigs.

1986 Having contributed to the refinancing of the engineering company John Brown, agreed a take-over of the whole company[10].

1989 Acquired 40 percent interest in BREL. Demerged Hardy Oil and Gas Co interests

1991 Acquired Davy Corporation and sold 2 of its subsidiaries, Expanded Piling and Lloyds British Testing Co[11]

1992 Sold BREL stake

1994 Trafalgar House consisted of four main businesses: John Brown Engineering, John Brown Engineers and Constructors, Davy International and Trafalgar House Offshore.[12]

1995 Sold Ritz Hotel in London

1996 Sold Ideal Homes

1996 Acquired by the Norwegian-based Kvaerner Group[13]

See Also


Sources of Information

  1. The Times, Jul 17, 1963
  2. The Times, Jan 30, 1968
  3. Wikipedia
  4. The Times, Aug 03, 1971
  5. The Times, Jan 25, 1973
  6. The Times Aug 03, 1974
  7. The Times Jun 26, 1976
  8. The Engineer 1982/04/22
  9. The Engineer 1982/09/23
  10. The Times, May 08, 1986
  11. The Times. (Oct. 9, 1991)
  12. CIO 1994/05/15 p56
  13. The Times Aug. 13, 1996
  • [1] Wikipedia
  • The Times Mar. 4, 1996