Grace's Guide

British Industrial History

Grace's Guide is the leading source of historical information on industry and manufacturing in Britain. This web publication contains 130,239 pages of information and 205,614 images on early companies, their products and the people who designed and built them.

Babcock International Group

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1979 Babcock and Wilcox became Babcock International

1982 Babcock International plc floated on the London Stock Exchange

1985 Babcock International acquired Robey and Co of Lincoln to enhance the boiler product range[1]

1987 FKI Electricals acquired Babcock International[2].

By 1989 FKI had shut down a quarter of Babcock's manufacturing plant.

1989 Babcock was spun out of FKI (except for Babcock Robey)

1994 Babcock Robey was sold to Wellman Group

1995 Babcock sold a 75 percent share in its energy division, which made large boilers for power stations and steam generators, to Mitsui Engineering and Shipbuilding[3]. Babcock concentrated on facilities management, process engineering and materials handling.

c.1996 won the contract to manage Rosyth dockyard

1997 sold the process engineering division to AMEC[4]

2105 Babcock International Group Plc. Revenue £4.5bn. Employ 34,000 worldwide with 29,000 in the UK. Divisions are Marine and Technology, Defence and Security, Support Services, and International. Tradng companies include Babcock Marine (Rosyth), Babcock Marine (Devonport), Babcock Marine (Clyde), Appledore Shipbuilders (2004), and Cavendish Nuclear.[5]

See Also

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Sources of Information

  1. The Times, Jul 16, 1985
  2. Funding Universe [1]
  3. The Times, September 01, 1995
  4. The Times, November 21, 1997
  5. 2015 Annual report