Brocks Group: Difference between revisions
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1972 Acquired [[International Time Recording Co|International Time Recording]]<ref>The Times, May 08, 1972</ref> | 1972 Acquired [[International Time Recording Co|International Time Recording]]<ref>The Times, May 08, 1972</ref> | ||
1976 '''Brocks''' disposed of '''International Time Recording Holdings'''<ref>The Times, Jun 17, 1976</ref> | |||
1978 [[Brocks Alarms]] was sold to '''Automated Security (Holdings)'''; the car entertainment and radio divisions were suffering from competition from the Far East; investment would be made in expanding the marine products, such as navigation aids, including by acquisition<ref>The Times, Aug 23, 1978</ref> | 1978 [[Brocks Alarms]] was sold to '''Automated Security (Holdings)'''; the car entertainment and radio divisions were suffering from competition from the Far East; investment would be made in expanding the marine products, such as navigation aids, including by acquisition<ref>The Times, Aug 23, 1978</ref> | ||
Revision as of 14:29, 3 July 2013
Electronics and marine equipment manufacturer of Hatton Place, London EC1, and of Poole
1969 Public company Brocks Alarms was renamed Brocks Group, reflecting the intention to diversify[1]
1970 Acquired Astaron-Bird, maker of marine radar and electronic components[2]. The factories at Ramsgate and Wareham were closed and the work transferred to Araston-Bird's factory at Poole[3]
1972 Acquired International Time Recording[4]
1976 Brocks disposed of International Time Recording Holdings[5]
1978 Brocks Alarms was sold to Automated Security (Holdings); the car entertainment and radio divisions were suffering from competition from the Far East; investment would be made in expanding the marine products, such as navigation aids, including by acquisition[6]
1979 Acquired Pelco (Electronics), Grovemart and Pern Electronics (Kennington). Racal sold its 11.8 percent shareholding in the company[7]
1980 Competition from the Far East caused problems for the company, and high exchange rates affected its American marine equipment market. Established a new high technology division, Brocks Dynamics; invested in R&D.
1981 Most of the companies were put into receivership; Pelco (Electronics) was sold to Welwyn Electronics[8]