Lonrho
1909 Founded as the London and Rhodesian Mining and Land Co.
1963 Name changed to Lonrho.[1]
1968 Acquired David Whitehead and Sons. [2]
1968 Acquired Ashanti Goldfields Corporation. [3]
1969 Acquired John Holt and Co (Liverpool). [4]
1976 Acquired Brentford Nylons. [5]
1977 Acquired Dunford and Elliott. [6] and A. V. P. Industries
1979 Acquired Dutton-Forshaw Group. [7]
1979 Acquired Harrison and Sons. [8]
1986 Acquired five of the combined Guinness/Distillers group's Scotch Whisky brands (including Buchanan and Haig) adding to the existing Whyte and Mackay business[9]
1987 Sold the casinos to Brent Walker
1988 Brent Walker purchased the European wines and spirits business, including the distilled beverage company Whyte and Mackay, Claymore Whisky and 4 Bordeaux Chateaus[10]
1993 Subsidiary Sunley Turriff Holdings acquired Lilley Construction (Scotland)[11]
1996 Started disposing of the non-mining assets:[12]
- Princess Hotels
- Metropole Hotel chain
- Harrison and Sons
- Cramlington Sons, textiles
- Dutton-Forshaw and Jack Barclay motor business
- F. E. Wright, insurance broker
- Various African assets
and demerged Lonrho Africa
1998 Sold Sunley Turriff Holdings for a nominal sum, completing the exit from non-mining businesses [13]
See Also
Sources of Information
- ↑ The Times, March 12, 1963
- ↑ The Times, September 17, 1968
- ↑ The Times, October 24, 1968
- ↑ The Times, May 19, 1969
- ↑ The Times, July 7, 1976
- ↑ The Times, January 27, 1977
- ↑ The Times, October 18, 1979
- ↑ The Times, September 26, 1979
- ↑ The Times Mar. 21, 1986
- ↑ The Times Nov. 29, 1988
- ↑ The Times Jan. 20, 1993
- ↑ The Times Jan. 22, 2005
- ↑ The Times Oct. 9, 1998