Transport and Chemical Engineering
Transport and Chemical Engineering (T.A.C.E.), investor in private and family-controlled engineering companies, in transport and precision engineering, and instrumentation.
1967 Transport and Chemical Engineering was floated by London and Northern Securities; it had 2 subsidiaries - Yorkshire Engineering and Welding Co and HWP Engineering Co[1]
1968 Acquired Northumbrian Metal[2]
1968 Acquired 75 percent of Goring Kerr[3] of Windsor
1969 Acquired 2 more companies[4]
1973 Transport and Chemical Engineering acquired Balmforth Engineering of Luton[5].
1974 Name changed to TACE[6].
1983 Floated about 40 percent of the shares in Goring Kerr, the company's high tech US subsidiary[7] which specialised in metal detection[8]
1984 Planned to float British Indicators and Tace Industrial, maker of weighing machines for the food manufacturing industry[9]
1988 Acquired Airmatic to extend the range of inspection equipment[10]
1989 Sold 4 of the engineering subsidiaries to form Prospect Industries; these were Thomas Evans and H. A. Birch, Campbden Instruments and Airmatic Engineering[11][12]
1991 TACE, environmental engineers, was acquired by Cambridge Electronic Industries[13]
See Also
Sources of Information
- ↑ The Times Nov 01, 1967
- ↑ The Times, Jul 04, 1968
- ↑ The Times, Jun 11, 1968
- ↑ The Times, Apr 21, 1969
- ↑ The Times, Feb 21, 1973
- ↑ The Times, Dec 20, 1974
- ↑ The Times, Aug 17, 1983
- ↑ The Times Sep 15, 1983
- ↑ The Times, Jul 12, 1984
- ↑ The Times August 25, 1988
- ↑ The Times Nov. 15, 1989
- ↑ The Times July 28, 1990
- ↑ The Times July 23, 1991