London International Group
of Glasshouse Yard, London EC1
1985 LRC International changed its name to London International Group; its product lines included[1]:
- Marigold Household gloves
- Durex contraceptives
- Duraplug electrical accessories
- Royal Worcester and Spode fine china
- ColourCare photoprocessing
- Wright's Coal Tar Soap[2]
- Woodwards
- Eucryl
- Liqufruta
- Galloways
- Feminique
1988 Having failed to acquire Wedgwood in 1986, the company put its Royal Worcester Spode subsidiary up for sale[3], and it was sold to a private company Derby International Corporation[4]
1989 Rio Tinto Co acquired 3 electrical companies - Duraplug Electricals, Fleetwood Electrics and Tripower Ltd - from London International Group; they became part of RTZ Pillar[5]
1990 Acquired several more photo-processing laboratories[6]
1994 Colourcare was sold to its management; most of the other consumer products, except Durex, were put up for sale. As a result of the disastrous diversification losses of £175million were recorded; a rights issue was used to return the balance sheet to more comfortable state[7]; the company adopted a back-to-basics strategy[8]
1999 Sold parts of its health and beauty care products business[9]. Acquired by Seton Scholl International; group renamed SSL International[10]
See Also
Sources of Information
- https://londonrubbercompany.com/
- Jessica Borge, "Protective Practices: A History of the London Rubber Company and the Condom Business (McGill-Queen's University Press, 2020)