Caledonia Investments plc is an investment trust company based in
London
London is the capital and List of urban areas in the United Kingdom, largest city of England and the United Kingdom, with a population of just under 9 million. It stands on the River Thames in south-east England at the head of a estuary dow ...
, England. It is listed on the
London Stock Exchange
London Stock Exchange (LSE) is a stock exchange in the City of London, England, United Kingdom. , the total market value of all companies trading on LSE was £3.9 trillion. Its current premises are situated in Paternoster Square close to St P ...
and is a constituent of the
FTSE 250 Index.
Operations
Caledonia is a self-managed investment trust. It takes significant holdings in listed equities, private companies and funds. Taking a long term investment approach, Caledonia Investments is a
value investor with a global outlook. David Stewart is the
chairman and Will Wyatt the
chief executive
A chief executive officer (CEO), also known as a central executive officer (CEO), chief administrator officer (CAO) or just chief executive (CE), is one of a number of corporate executives charged with the management of an organization especially ...
.
History
The company which became Caledonia Investments was incorporated in 1928 as the ''Foreign Railways Investment Trust Ltd''.
It was acquired by the
Cayzer family
There have been three baronetcies created for people with the surname Cayzer, each in the Baronetage of the United Kingdom and each for members of the same family .
The Cayzer Baronetcy, of Gartmore in the County of Perth, was created on 12 Dece ...
in 1951 to hold their diverse interests and was renamed ''Caledonia Investments Ltd''.
[ In 1955 Caledonia acquired the Cayzer family's interest in the '' British & Commonwealth Shipping Co. Ltd'', formed out of the merger of '']Clan Line
The Clan Line was a passenger and cargo shipping company that operated in one incarnation or another from the late nineteenth century and into the twentieth century.
History Foundation and early years
The company that would become the Clan Lin ...
'' (started by the Cayzer family in 1881) and ''Union-Castle Line
The Union-Castle Line was a British shipping line that operated a fleet of passenger liners and cargo ships between Europe and Africa from 1900 to 1977. It was formed from the merger of the Union Line and Castle Shipping Line.
It merged with ...
''. In 1960 the company was listed on the London Stock Exchange and in 1981 their name was changed to Caledonia Investments PLC. After their holding in British & Commonwealth was sold in 1987, Caledonia Investments became a diversified trading and investment company,[ which in turn was converted into a UK Investment trust company on 1 April 2003. The Cayzer family collectively owns some 48.5% of the share capital of Caledonia Investments plc.]
References
External links
Company website
{{DEFAULTSORT:Caledonia Investments
Investment trusts of the United Kingdom
Companies based in the City of Westminster
Companies listed on the London Stock Exchange