Aberdare Holdings: Difference between revisions
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1967 After a contentious battle with [[Thorn Electrical Industries]], [[Aberdare Holdings]] failed to acquire [[Metal Industries]]<ref>The Times, 7 August 1967</ref>. | 1967 After a contentious battle with [[Thorn Electrical Industries]], [[Aberdare Holdings]] failed to acquire [[Metal Industries]]<ref>The Times, 7 August 1967</ref>. | ||
1968 '''General Electric''' of USA purchased about 25% of the company<ref>The Times, 21 September 1968</ref> | 1968 '''General Electric''' of USA purchased about 25% of the company.<ref>The Times, 21 September 1968</ref> | ||
1968 Acquired the [[Electric Construction Co]].<ref>Wolverhampton Express and Star - 02 April 1968</ref> | 1968 Acquired the [[Electric Construction Co]].<ref>Wolverhampton Express and Star - 02 April 1968</ref> | ||
1968 Also acquired [[Erskine, Heap and Co]]; and the [[Yorkshire Electric Transformer Co]], also owned [[Linegear]], [[Cascade Services]] as well as associated companies [[Federal Electric]], [[Natgas]], and [[Water Engineering]].<ref>Birmingham Daily Post - 16 May 1968</ref><ref>The Times, 24 September 1968</ref> | 1968 Also acquired [[Erskine, Heap and Co]]; and the [[Yorkshire Electric Transformer Co]], also owned [[Linegear]], [[Cascade Services]] as well as associated companies [[Federal Electric]], [[Natgas]], and [[Water Engineering]].<ref>Birmingham Daily Post - 16 May 1968</ref><ref>The Times, 24 September 1968</ref> | ||
1971 [[Aberdare Holdings]] sold its cable-making subsidiary [[Aberdare Cables]] to [[Pirelli-General Cable Works]]<ref>The Times, 31 July 1971</ref> | 1971 [[Aberdare Holdings]] sold its cable-making subsidiary [[Aberdare Cables]] to [[Pirelli-General Cable Works]].<ref>The Times, 31 July 1971</ref> | ||
1973 [[Hawker Siddeley]] acquired [[Aberdare Holdings]] including [[South Wales Switchgear]]<ref>The Times, 2 November 1973</ref> | 1973 [[Hawker Siddeley]] acquired [[Aberdare Holdings]] including [[South Wales Switchgear]].<ref>The Times, 2 November 1973</ref> | ||
==See Also== | ==See Also== | ||
Latest revision as of 22:19, 14 April 2024
Aberdare Holdings, of Aberdare, South Wales, manufacturers of cables, electric switchgear, transformers and associated equipment.
1937 Aberdare Cables was founded as a public company[1]; George Usher was chairman[2].
1951 A new holding company for the group was formed, Aberdare Cable (Holdings) Ltd, as its interests expanded. Aberdare Cables would be one of its subsidiaries[3].
1954 Bought out the minority shareholders in South Wales Switchgear and Aberdare Engineering [4].
1958 Name changed from Aberdare Cable (Holdings) to Aberdare Holdings to reflect its broader range of interests[5] - subsidiaries included Aberdare Cables, South Wales Switchgear, Aberdare Engineering.
1960 Acquired controlling interest in Treforest Electrical Services; intended to make offer for the minority of shares[6].
1961 Acquired Neptune Brass and Aluminium Co which supplied castings to South Wales Switchgear[7].
Eventually grew to a workforce of 4,000 in South Wales[8].
1967 After a contentious battle with Thorn Electrical Industries, Aberdare Holdings failed to acquire Metal Industries[9].
1968 General Electric of USA purchased about 25% of the company.[10]
1968 Acquired the Electric Construction Co.[11]
1968 Also acquired Erskine, Heap and Co; and the Yorkshire Electric Transformer Co, also owned Linegear, Cascade Services as well as associated companies Federal Electric, Natgas, and Water Engineering.[12][13]
1971 Aberdare Holdings sold its cable-making subsidiary Aberdare Cables to Pirelli-General Cable Works.[14]
1973 Hawker Siddeley acquired Aberdare Holdings including South Wales Switchgear.[15]
See Also
Sources of Information
- ↑ The Times, 28 April 1958
- ↑ The Times, 15 May 1964
- ↑ The Times, 26 April 1951
- ↑ The Times, 10 December 1954
- ↑ The Times, 28 April 1958
- ↑ The Times, 11 May 1960
- ↑ The Times, 17 May 1961
- ↑ Sir Frederick John Pascoe [1]
- ↑ The Times, 7 August 1967
- ↑ The Times, 21 September 1968
- ↑ Wolverhampton Express and Star - 02 April 1968
- ↑ Birmingham Daily Post - 16 May 1968
- ↑ The Times, 24 September 1968
- ↑ The Times, 31 July 1971
- ↑ The Times, 2 November 1973