Grace's Guide

British Industrial History

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Sears Engineering

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1960 Public company incorporated

1960 Issue of preferences shares in the main parts of the Sears group, the British Shoe Corporation Ltd and a new company Sears Engineering Ltd, both of which were subsidiaries of Sears Holdings[1]. The Sears Engineering company consisted of Haverton Holdings, which owned Furness Shipbuilding Co and controlled Bentley Engineering Co as well as other subsidiaries:

together with 11 insignificant subsidiaries.

1966 Acquired Scottish Motor Traction Co, including Shaw and Kilburn and S. M. T. Sales and Service Co, from Sears Holdings; Furness Shipbuilding Co was transferred to Sears but not Peter Johnston or Shaw and McInnes[2]

1967 Sears had disposed of the shipbuilding activities[3].

1967 Vehicle distributors SMT and Shaw and Kilburn had become subsidiaries of Sears Engineering Ltd[4]

1974 Downturn in the market for knitting machinery hit Bentley's profits[5]

By 1983 activities were the vehicle distribution businesses and a "rump of engineering interests"[6]

See Also

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Sources of Information

  1. The Times, Sep 09, 1960
  2. The Times, Aug 29, 1966
  3. The Times May 04, 1967
  4. The Times Jun 06, 1967
  5. The Times May 01, 1974
  6. The Times, Oct 05, 1983