of Newcastle upon Tyne
Maker of paints, etc for ships
Later International Paints Ltd. of Grosvenor Gardens House, Grosvenor Gardens, London, S.W.3.
1918 The foreign element of ownership of the Holzapfels company had been removed; the name of the company was changed to International Paint and Compositions Co[1]
1922 Acquired a major interest in Standard Antifouling Composition and Paint Co[2]
1927 New factory at Grays in the South of England; transferred some drum production from Felling-on-Tyne[3]
1928 Completion acquisition of Standard Antifouling[4]
1929 Acquired J. and D. Hamilton[5]
1935 Had expanded the range of products from ship paints to include industrial paints including varnishes and lacquers[6]
1937 Sold its shares in Titanine Emaillite[7]
1947 Doubled the size of the research facility at Newton Ferrers including appointment of marine biologist[8]
1948 UK subsidiaries included[9]:
- Yorkshire Varnish Co Ltd, paints and varnishes
- Livett Frank and Son Ltd, paints and varnishes
- J. and D. Hamilton Ltd, paints and varnishes
- Drums Ltd, of Grays, Essex
- Watts, Fincham (1932) Ltd, leading ships stores company
- Volspray Ltd, maker of spray guns
Name changed to International Paints Ltd.
1949 "Lagomatt" flat oil paint for interior finishing.
By 1950 another subsidiary was Electric Scaling Hammers Ltd. Sunlight synthetic enamel was in demand in coastal areas; rough-cast paint was also selling well[10]
1951 Creation of holding company structure, separating the home and export companies; consideration of separating the other subsidiaries.
1952 The company had operations in 16 countries involving 22 companies[11]
1956 Claimed to be the largest paint organisation in the world: 36 companies, with 23 factories in 16 countries[12]
1961 Merger proposed with British Paints[13] but later abandonned.
1965 Extensions to the central research laboratory at Felling[14]
1968 Dufay Bitumastic bid to take-over International Paints[15] but this failed when a key manager left the Dufay company and criticised their figures, the Take-Over Panel intervened, and Courtaulds offered to make a counter-bid[16]. Courtauld's bid, from its subsidiary Pinchin, Johnson and Associates, was successful[17]; the companies would become part of a new company, International Paint Company, 83 percent owned by Courtaulds[18]
1969 International Paints was contracted to supply paint for the Co-operative Wholesale Society (CWS) which pulled out of the paint market and ran down its Derby factory[19]
See Also
Sources of Information
- ↑ The Times, Aug 02, 1918
- ↑ The Times, Mar 01, 1923
- ↑ The Times, Mar 17, 1927
- ↑ The Times, Mar 16, 1928
- ↑ The Times, Mar 21, 1929
- ↑ The Times, Mar 23, 1935
- ↑ The Times, Mar 20, 1937
- ↑ The Times, Apr 08, 1947
- ↑ The Times, Mar 29, 1948
- ↑ The Times, Jun 26, 1950
- ↑ The Times, Jun 03, 1952
- ↑ The Times, Jun 22, 1956
- ↑ The Times, Aug 23, 1961
- ↑ The Times Jun 18, 1965
- ↑ The Times, May 24, 1968
- ↑ The Times, Jun 20, 1968
- ↑ The Times, Aug 03, 1968
- ↑ The Times, Aug 07, 1968
- ↑ The Times, Nov 17, 1969