Christian Salvesen and Co
Steamship Owners, Shipbrokers, Coal Exporters, Merchants, and Commission Agents, of 29, Bernard Street, Leith.
1872 George V. Turnbull retired, and the company became Christian Salvesen and Co.
1911 Christian Salvesen died
1914 Principals: J. T. Salvesen, F. G. Salvesen, Theodore E. Salvesen, sons of Christian.
1959 Ended its interests in whaling
c.1966 Started building houses for sale
1977 The company was one of the largest unquoted public companies in Britain; its activities included oil and shipping, cold storage, fish and house building. Acquired J. C. Firth (Refrigeration) from Proprietors of Hay's Wharf
1985 Floated on the Stock Exchange, listed amongst the food distribution companies.
1986 Sold Salvesen Offshore Services to the John Wood Group. Put the house building division (with 5 operating companies) up for sale. Expanded Aggreko's generator-hire activities overseas and Salvesen Brick
1992 Sold Salvesen (Oilfield Technology), completing the exit from the sector
Sources of Information
- The Times, June 12, 1986
- The Times, Sep 12, 1970
- The Times, Feb 16, 1977
- The Times, Jun 16, 1977
- The Times Jun 22, 1985
- The Times February 05, 1986
- The Times, July 29, 1986
- The Times August 19, 1986
- The Times, September 30, 1986
- The Times September 22, 1992
- The Times, November 24, 1998