Babcock International Group: Difference between revisions
No edit summary |
|||
| Line 29: | Line 29: | ||
{{DEFAULTSORT: }} | {{DEFAULTSORT: }} | ||
[[Category: Town - ]] | [[Category: Town - London]] | ||
[[Category: Boiler Makers]] | [[Category: Boiler Makers]] | ||
Latest revision as of 12:38, 3 September 2023
1979 Babcock and Wilcox became Babcock International
1982 Babcock International plc floated on the London Stock Exchange
1985 Babcock International acquired Robey and Co of Lincoln to enhance the boiler product range[1]
1987 FKI Electricals acquired Babcock International[2].
By 1989 FKI had shut down a quarter of Babcock's manufacturing plant.
1989 Babcock was spun out of FKI (except for Babcock Robey)
1994 Babcock Robey was sold to Wellman Group
1995 Babcock sold a 75 percent share in its energy division, which made large boilers for power stations and steam generators, to Mitsui Engineering and Shipbuilding[3]. Babcock concentrated on facilities management, process engineering and materials handling.
c.1996 won the contract to manage Rosyth dockyard
1997 sold the process engineering division to AMEC[4]
2105 Babcock International Group Plc. Revenue £4.5bn. Employ 34,000 worldwide with 29,000 in the UK. Divisions are Marine and Technology, Defence and Security, Support Services, and International. Tradng companies include Babcock Marine (Rosyth), Babcock Marine (Devonport), Babcock Marine (Clyde), Appledore Shipbuilders (2004), and Cavendish Nuclear.[5]