B. L. I. C.: Difference between revisions
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1927 [[Joseph Lucas Ltd]] acquired B.L. | 1927 [[Joseph Lucas Ltd]] acquired B.L.I.C. Ltd., a company whose principal product was magnetos but which had also developed a lighting and starting set. This latter project is said to have been unsuccessful and Lucas purchased the business for £9,000 on the general grounds that although there might be a loss on the realisation of the assets acquired it was desirable to keep other people from obtaining the trade name and developing competition to a small but irritating extent. | ||
== See Also == | == See Also == | ||
Latest revision as of 15:29, 19 November 2014
1927 Joseph Lucas Ltd acquired B.L.I.C. Ltd., a company whose principal product was magnetos but which had also developed a lighting and starting set. This latter project is said to have been unsuccessful and Lucas purchased the business for £9,000 on the general grounds that although there might be a loss on the realisation of the assets acquired it was desirable to keep other people from obtaining the trade name and developing competition to a small but irritating extent.
See Also
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Sources of Information
- [1] Competition Commission Web Site