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TI Group
TI Group plc (formerly "Tube Investments") was a holding company for specialised engineering companies. It was based in Abingdon, Oxfordshire and was listed on the London Stock Exchange, at one point being a constituent of the FTSE 100 Index. The company was originally registered as ''Tube Investments'' in 1919, combining the seamless steel tube businesses of various companies. In 1949, the company established TI Cycles of India as a joint venture with the Murugappa family. During 1956, it created the subsidiary ''British Cycle Corporation'', consisting of Armstrong (company), Armstrong, Norman Cycles, Sun (motorcycle), Sun Cycles, Phillips Cycles, Hercules Cycles, and merged it with Raleigh (bicycle), Raleigh Industries. During the 1980s, the company acquired Alfred Herbert (company), Alfred Herbert Ltd, Houdaille Industries, Houdaille, and AK Steel Holding, Armco Inc.'s European Tubing business. In 1987, Raleigh was sold to Derby International while Creda was sold to General ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Smiths Group
Smiths Group plc is a British, Multinational corporation, multinational, diversified engineering business headquartered in London, England. It operates in over 50 countries and employs 15,000 staff. Smiths Group is listed on the London Stock Exchange and is a constituent of the FTSE 100 Index. Smiths Group has its origins in a jewellery shop, ''S Smith & Sons'', which was founded by the watchmaker and businessman Samuel Smith (watchmaker), Samuel Smith. Supplying its precision watches to various clients, including the Admiralty, the business quickly grew and expanded into a major provider of timepieces, diamonds, and automotive instrumentation. On 21 July 1914, the business became a public limited company, holding onto this status for over a hundred years. Significant restructuring of Smiths Group took place during the 1950s, the foundations of Smiths Medical Systems division were laid while Smiths Aviation and Smiths Marine were organised as separate divisions. Throughout much ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Raleigh (bicycle)
The Raleigh Bicycle Company is a British bicycle manufacturer based in Nottingham, England and founded by Woodhead and Angois in 1885. Using Raleigh as their brand name, it is one of the oldest bicycle companies in the world. After being acquired by Frank Bowden in December 1888, it became The Raleigh Cycle Company, which was registered as a limited liability company in January 1889. By 1913, it was the largest bicycle manufacturing company in the world. From 1921 to 1935, Raleigh also produced motorcycles and three-wheel cars, leading to the formation of Reliant Motors. Raleigh bicycle is now a division of the Dutch corporation Accell. In 2006, the Raleigh Chopper was named in the list of British design icons in the Great British Design Quest organised by the BBC and the Design Museum. History Early years The history of Raleigh bicycles started in 1885, when Richard Morriss Woodhead from Sherwood Forest, and Paul Eugene Louis Angois, a French citizen, set up a small bic ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Ivan Stedeford
Sir Ivan Arthur Rice Stedeford GBE, (28 January 18979 February 1975) was a British industrialist and philanthropist. Stedeford was chairman and managing director of Tube Investments (T.I.) and one of Britain's leading 20th-century industrialists. Education Stedeford was the son of the Reverend Charles Stedeford, who served as President of the United Methodist Conference in 1928. Stedeford began his education at Shebbear College in North Devon. The family frequently moved as Charles Stedeford's ministry took him to different parts of the country and Stedeford finished his education at the King Edward VI Aston in Birmingham. Early career Stedeford left school in 1913 to become an engineering apprentice at Wolseley Motors Ltd. In 1917, he decided to play a more active role in the First World War and was commissioned in the Royal Naval Air Service, tasked as a balloon forward air observer, a somewhat static and highly dangerous assignment, even by the standards of other ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Reynolds Tube
Reynolds Technology is a manufacturer of tubing for bicycle frames and other bicycle components based in Birmingham, England established in 1898. History The Reynolds Tube Company was founded in 1898 by John Reynolds in Birmingham, England, but traces its origins back to 1841 when John Reynolds set up a company manufacturing nails. In 1897, the company patented the process for making butted tubes, which are thicker at the ends than in the middle, this allowed frame builders to create frames that were both strong and lightweight. Reynolds introduced the double-butted tube-set 531 in 1934. ''The Patent Butted Tube Co., Ltd.'', the predecessor of the present company, was spun off from John Reynolds' original company in 1898. In 1923 the ''Patent Butted Tube Co., Ltd'' changed its name to ''Reynolds Tube Co., Ltd.'' and retained this name up until 1928 when it was acquired by Tube Investments, Ltd and became ''TI Reynolds 531 Ltd''. In 1996 ''Coyote Sports Inc.'', a privately h ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Accles & Pollock
Accles & Pollock is a British tube manipulation company based in Oldbury, West Midlands. History The company was started in 1896 by James George Accles as Accles Ltd, based at Holford Mill in Perry Barr in Birmingham as a producer of cold-drawn steel tubing, with the aim of supplying it to the bicycle industry. Accles, employed by Colt 1867–1886, designed the Accles machine gun circa 1888; this was a modified Gatling gun. This company was liquidated in 1898 and Accles' secretary, Charles Barlow, took over, the company becoming the Accles Tube Syndicate, and being renamed Accles and Pollock in 1901, after financial backing was provided by Mr. Tom Pollock. In 1902 the company moved to nearby Oldbury, and always listed itself as being in 'Oldbury, Birmingham'. Here they produced the first tubular box spanners in 1905, and the first tubular sections for aircraft and the first tubular furniture in 1907. In 1909 two acres of land were acquired in Rounds Green, Oldbury which became P ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Messier-Bugatti-Dowty
Safran Landing Systems, formerly Messier-Bugatti-Dowty, is the world's largest manufacturer of aircraft landing gear, and is involved in the design, development, manufacture and customer support of all types of aircraft landing gear, wheels and brakes. The company is a wholly owned subsidiary of Safran SA. It is based in Vélizy, France, and was founded in 2011. The company can be traced to the establishment of a 50/50 joint venture in 1995 between France's Messier and the United Kingdom's Dowty Group, then owned by TI Group. Messier-Dowty was purchased outright from TI Group by the SNECMA group in 1998. The 2005 merger of SAGEM and SNECMA made Messier-Dowty part of the new ''Safran'' company. In May 2011, ''Messier-Bugatti-Dowty'' was formed through the merger of three Safran subsidiaries: Messier-Dowty, Messier-Bugatti and Messier Services. In May 2016, Messier-Bugatti-Dowty became ''Safran Landing Systems''. Safran Landing Systems operates a number of sites across the gl ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Snecma
Safran Aircraft Engines, previously Snecma (''Société nationale d'études et de construction de moteurs d'aviation'') or Snecma Moteurs, is a French aerospace engine manufacturer headquartered in Courcouronnes and a subsidiary of Safran. It designs, manufactures and maintains engines for commercial and military aircraft as well as rocket engines for launch vehicles and satellites. Some of its notable developments, alone or in partnership, include the Dassault Rafale's M88 engine, the Concorde's Olympus 593, the CFM56 and CFM-LEAP for single-aisle airliners, as well as the Ariane 5's Vulcain engine. The company employs around 15,700 people across 35 production sites, offices, and MRO facilities worldwide and files an average of nearly 500 patents each year. Safran Aircraft Engines also notably operates two joint ventures with GE Aerospace: CFM International, the world’s leading supplier of commercial aircraft engines, and CFM Materials. Timeline * 1945: Snecma was fo ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Ultra Electronics
Ultra Electronics Holdings is a British defence and security company. It was listed on the London Stock Exchange and was a constituent of the FTSE 250 Index until it was acquired by Cobham, which is itself owned by Advent International. The company was originally founded as ''Edward E. Rosen & Co.'', a manufacturer of headphones and loudspeakers, in 1920. In 1925, a new company, known as ''Ultra Electric Ltd.'', was established. During 1930, the firm launched its first all-electric radio receiver; it produced numerous domestic radio receivers around this time. Ultra diversified into aviation during the Second World War, building fuselage elements and engine components. Relaunching itself into the civilian markets following the conflict, Ultra started producing television sets in 1953. In 1961, Ultra's consumer electronics interests became part of Thorn Electrical Industries. During 1977, Ultra Electronics was bought by the Dowty Group and regained its independence via a man ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Management Buyout
A management buyout (MBO) is a form of acquisition in which a company's existing managers acquire a large part, or all, of the company, whether from a parent company or individual. Management- and/or leveraged buyouts became noted phenomena of 1980s business economics. These so-called MBOs originated in the US, spreading first to the UK and then throughout the rest of Europe. The venture capital industry has played a crucial role in the development of buyouts in Europe, especially in smaller deals in the UK, the Netherlands, and France. Overview Management buyouts are similar in all major legal aspects to any other acquisition of a company. The particular nature of the MBO lies in the position of the buyers as managers of the company and the practical consequences that follow from that. In particular, the due diligence process is likely to be limited as the buyers already have full knowledge of the company available to them. The seller is also unlikely to give any but the most ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Layoff
A layoff or downsizing is the temporary suspension or permanent termination of employment of an employee or, more commonly, a group of employees (collective layoff) for business reasons, such as personnel management or downsizing an organization. Originally, ''layoff'' referred exclusively to a temporary interruption in work, or employment but this has evolved to a permanent elimination of a position in both British and US English, requiring the addition of "temporary" to specify the original meaning of the word. A layoff is not to be confused with Wrongful dismissal, wrongful termination. ''Laid off workers'' or ''displaced workers'' are workers who have lost or left their jobs because their employer has closed or moved, there was insufficient work for them to do, or their position or Shift work, shift was abolished (Borbely, 2011). Downsizing in a company is defined to involve the reduction of employees in a workforce. Downsizing in companies became a popular practice in the 1 ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Dowty Group
Dowty Group was a leading British manufacturer of aircraft equipment. It was listed on the London Stock Exchange and was once a constituent of the FTSE 100 Index. The firm ceased operating as an individual entity following its acquisition by TI Group in 1992. The company has its origins as the ''Aircraft Components Company'' in 1931 and the work of British inventor and businessman George Dowty. In 1934, Dowty achieved its breakthrough sale of its innovative undercarriage designs, being contracted by the Gloster Aircraft Company to provide oleo struts for the Gloster Gauntlet biplane. In 1935, as the business expanded to meet demand, Dowty founded a new manufacturing venture to produce his aviation products, which was named ''Dowty Aviation''. It quickly secured numerous additional orders and manufacturing facilities to cope with the pressing demands of the Second World War, a significant majority of British aircraft production incorporating the firm's various products. By the ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
General Electric Company Plc
The General Electric Company (GEC) was a major British industrial conglomerate involved in consumer and defence electronics, communications, and engineering. It was originally founded in 1886 as G. Binswanger and Company as an electrical goods wholesaler based in London. It quickly adopted a then-unorthodox business model of supplying electrical components over the counter. In 1889, the business was incorporated as the General Electric Company Ltd, and became a public limited company 11 years later. During the 1890s and 1900s, the company heavily invested into electric lighting, a sector that proved to be immensely profitable in the long term. The GEC was heavily impacted by the outbreak of the First World War, supplying various goods to the military, and thus becoming a major player in the electrical industry. In 1921, a new purpose-built company headquarters (Magnet House) was opened in Kingsway, London; two years later, GEC's industrial research laboratories at Wembley (late ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
