Williams Holdings

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Williams Holdings
IndustryConglomerate
Founded1982
Defunct2000
FateDemerged
SuccessorChubb
Kidde
HeadquartersDerby, United Kingdom
Key people
Sir Nigel Rudd (co founder and chairman)
Roger Carr (CEO)
Brian McGowan (co founder)

Williams Holdings was a major British conglomerate. It was listed on the London Stock Exchange, and was a constituent of the FTSE 100 Index.

History[]

The company was established by Nigel Rudd and Brian McGowan in Derby in 1982 to acquire under performing businesses.[1] Its first major acquisition was J & HB Jackson, a Coventry based metal business, in 1985.[1] The company went to acquire Crown Berger, a paints business, in 1987, Pilgrim House in the United States (owners of Kidde) for £331m in 1988 and Yale & Valor, a locks and gas fires business, in 1991.[1]

It started to focus on security in the 1990s, selling its paints business to Akzo Nobel in 1990.[2] In February 1997, it bought Chubb Security for $US2.1 billion.[3] It changed its name to Williams plc in 1998 and sold Yale Lock Company to Assa Abloy in March 2000.[4]

Demerging[]

The company demerged into Chubb and Kidde in July 2000.[5]

References[]

  1. ^ a b c Nigel Rudd, My best deal Management Today, 1 April 1991
  2. ^ "Flint Group: Significant dates". Archived from the original on 2010-10-01. Retrieved 2009-02-01.
  3. ^ Williams of Britain to buy Chubb Security New York Times, 15 February 1997
  4. ^ Swedish firm to buy Williams's Yale Lock Unit Los Angeles Times, 8 March 2000
  5. ^ Williams plunges 14% as margins shrink Independent, 19 July 2000

External links[]


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