Amalgamated Power Engineering: Difference between revisions
William Foster & Co. |
adjust |
||
| Line 1: | Line 1: | ||
'''Amalgamated Power Engineering''' was a British engineering holding company, created through the 1968 merger of [[W.H. Allen, Sons and Co]] and [[Belliss and Morcom]]. |
'''Amalgamated Power Engineering''' was a British engineering holding company, created through the 1968 merger of [[W.H. Allen, Sons and Co]] and [[Belliss and Morcom]].<ref name=Graces>{{cite web|url=http://www.gracesguide.co.uk/Belliss_and_Morcom|title=Belliss and Morcom|publisher=GracesGuide.co.uk|accessdate=2012-06-21}}</ref> |
||
In the |
In 1966, the [[Receivership|receiver]] of [[Crossley Brothers]] sold the Crossley-Premier Engines and Furnival and Co businesses to Belliss and Morcom (B&M).<ref name=Graces/> In 1968 B&M agreed a merger with [[W.H. Allen, Sons and Co]] to form the Amalgamated Power Engineering Company Ltd (APE), 60% owned by Allen's shareholders (which included [[William Foster & Co.]]), and 40% by Belliss and Morcom. |
||
In 1968, APE reached agreement with Cooper-Bessemer to allow C-P to sell APE's gas treatment plant worldwide. In 1969, APE's Allen Gwynnes Pumps subsidiary acquired the industrial pumps business of [[Vickers plc]] based in [[Barrow in Furness]]. |
|||
After a difficult period in the 1970's, when due to ongoing losses APE sold a number of subsidiaries, in 1981 the company was acquired by [[Northern Engineering Industries]]. In October 1989, NEI itself was taken over by [[Rolls-Royce plc]] |
|||
After a difficult period in the 1970's, when due to ongoing losses APE sold a number of subsidiaries, in 1981 APE was acquired by [[Northern Engineering Industries]] [[Public limited company|plc]], based in [[Gosforth]], [[Newcastle upon Tyne]].<ref name=Cranes>[http://www.nzrcranes.org/manufact.html NZR Cranes]</ref> NEI shut most of the old central-Birmingham factories, consolidated the products around compressors, and moved B&M to [[Redditch]].<ref name=Graces/> NEI itself was then acquired by [[Rolls Royce plc]] in 1989.<ref name=Cranes/> |
|||
[[Category:Companies established in 1968]] |
[[Category:Companies established in 1968]] |
||
Revision as of 20:54, 24 February 2014
Amalgamated Power Engineering was a British engineering holding company, created through the 1968 merger of W.H. Allen, Sons and Co and Belliss and Morcom.[1]
In 1966, the receiver of Crossley Brothers sold the Crossley-Premier Engines and Furnival and Co businesses to Belliss and Morcom (B&M).[1] In 1968 B&M agreed a merger with W.H. Allen, Sons and Co to form the Amalgamated Power Engineering Company Ltd (APE), 60% owned by Allen's shareholders (which included William Foster & Co.), and 40% by Belliss and Morcom.
In 1968, APE reached agreement with Cooper-Bessemer to allow C-P to sell APE's gas treatment plant worldwide. In 1969, APE's Allen Gwynnes Pumps subsidiary acquired the industrial pumps business of Vickers plc based in Barrow in Furness.
After a difficult period in the 1970's, when due to ongoing losses APE sold a number of subsidiaries, in 1981 APE was acquired by Northern Engineering Industries plc, based in Gosforth, Newcastle upon Tyne.[2] NEI shut most of the old central-Birmingham factories, consolidated the products around compressors, and moved B&M to Redditch.[1] NEI itself was then acquired by Rolls Royce plc in 1989.[2]
 | This article about a company of the UK is a stub. You can help Wikipedia by expanding it. |
- ^ a b c "Belliss and Morcom". GracesGuide.co.uk. Retrieved 2012-06-21.
- ^ a b NZR Cranes