Brocks Group: Difference between revisions
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Latest revision as of 17:21, 4 June 2015
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]