Difference between revisions of "Aberdare Holdings"
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1960 Acquired controlling interest in [[Treforest Electrical Services]]; intended to make offer for the minority of shares<ref>The Times, 11 May 1960</ref>. | 1960 Acquired controlling interest in [[Treforest Electrical Services]]; intended to make offer for the minority of shares<ref>The Times, 11 May 1960</ref>. | ||
1961 Acquired Neptune Brass and Aluminium | 1961 Acquired [[Neptune Brass and Aluminium Co]] which supplied castings to [[South Wales Switchgear]]<ref>The Times, 17 May 1961</ref>. | ||
Eventually grew to a workforce of 4,000 in South Wales<ref>Sir Frederick John Pascoe [http://yba.llgc.org.uk/en/s2-PASC-JOH-1893.html]</ref>. | Eventually grew to a workforce of 4,000 in South Wales<ref>Sir Frederick John Pascoe [http://yba.llgc.org.uk/en/s2-PASC-JOH-1893.html]</ref>. | ||
Revision as of 00:07, 9 January 2020
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 Electric Construction Co was taken over by South Wales based Aberdare Holdings who manufactured modern truck and metal clad switchgear.
1968 Also acquired Erskine, Heap and Co; also owned Linegear, Yorkshire Electric Transformer Co, Cascade Services as well as associated companies Federal Electric, Natgas, and Water Engineering.[11].
1971 Aberdare Holdings sold its cable-making subsidiary Aberdare Cables to Pirelli-General Cable Works[12]
1973 Hawker Siddeley acquired Aberdare Holdings including South Wales Switchgear[13].
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
- ↑ The Times, 24 September 1968
- ↑ The Times, 31 July 1971
- ↑ The Times, 2 November 1973