Bremworth Limited (formerly Cavalier Corporation) is a
New Zealand
New Zealand ( mi, Aotearoa ) is an island country in the southwestern Pacific Ocean. It consists of two main landmasses—the North Island () and the South Island ()—and over 700 smaller islands. It is the sixth-largest island count ...
company specializing in the manufacture of broadloom
wool
Wool is the textile fibre obtained from sheep and other mammals, especially goats, rabbits, and camelids. The term may also refer to inorganic materials, such as mineral wool and glass wool, that have properties similar to animal wool.
As ...
carpet
A carpet is a textile floor covering typically consisting of an upper layer of pile attached to a backing. The pile was traditionally made from wool, but since the 20th century synthetic fibers such as polypropylene, nylon, or polyester hav ...
. Floated in 1984, the company was once included in the
NZX 50 share index, as one of New Zealand's 50 largest public companies. It left the NZX50 due to a low market capitalisation in January 2013.
History
Doug Bremner formed the Bremworth Carpet Company and established a small carpet factory in
Papatoetoe
Papatoetoe is a suburb in Auckland, New Zealand. It is the largest suburb in Auckland by population and is located to the northwest of Manukau Central, and 18 kilometres southeast of Auckland CBD. Papatoetoe has the unofficial title of Auckland ...
, Auckland, in 1959. UEB Industries bought the company in 1967.
[ Tony Timpson and Grant Biel left UEB and formed Cavalier Carpets as an all-wool carpet manufacturer in Wiri, Auckland, in 1972. Cavalier Carpets bought Bremworth Carpet from New Zealand Equities in 1988, and the merged companies rebranded as Cavalier Bremworth in 1991.]
Group holdings
* 100% ownership of Bremworth Carpets and Rugs Limited, which has representation across Australia and New Zealand as well as a carpet manufacturing plant in Auckland.
* 100% ownership of Bremworth Spinners, which operates yarn spinning plants in Napier and Whanganui.
* 100% ownership of Elco Direct Ltd., a wool procurement company.
References
External links
Official website
{{NZX 50 companies
Textile companies of New Zealand
Carpet manufacturing companies
Manufacturing companies based in Auckland
Companies listed on the New Zealand Exchange