Grace's Guide

British Industrial History

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Wiles Group

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Maker of agricultural fertiliser

1960 Acquired Frederick Harker, provider of sacks by hire.

1964 Public company incorporated[1]; share issue was 8 times subscribed

1964 Acquired Oswald Tillotson and Commercial Motors (Hull), paid for by a rights issues; James Hanson from Tillotson joined the board of Wiles as deputy chairman[2]

1965 George White retired from the board; Hanson and Gordon White gained control of Wiles and reorganized the company[3]. Hanson flagged they would follow a strategy of expansion by acquisition into areas where the directors had specialised knowledge[4] Subsidiary companies were C. Wiles Ltd, Oswald Tillotson Ltd, Commercial Motors (Hull) Ltd, Geo. O. James Ltd, F. Harker (Sack Hire) Ltd, Leonard Deas Ltd[5]

1966 Sold the C. Wiles subsidiary, maker of fertiliser in Beverley, to Hargreaves Fertilisers[6]

1967 Acquired Scottish Land Development Corporation[7]

1968 Bought a brick-making and engineering business, Butterley Co of Derby[8]. The engineering part of the business was put into Wiles' Northern Amalgamated Industries group; the brick making into Wiles' building materials group[9]

1968 Acquired Nathaniel Lloyd, and 85 percent of Dufaylite[10]

1969 Acquired Provincial Traction Co[11]

1969 Deal with Hewden Stuart of Glasgow, a plant hire firm; Wiles gave Hewden Stuart Scottish Land Development Corporation and Scottish Development Civil Engineers in return for 40 percent of its shares, half of which Wiles would offer to its own shareholders[12]. Acquired the construction vehicle distribution activities of Jack Olding from Vickers[13]

1969 Wiles Group changed its name to Hanson Trust, with James Hanson as chairman, to consolidate the investments[14]

See Also

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Sources of Information

  1. The Times Mar 09, 1964
  2. The Times, Jun 23, 1964
  3. The Times, Aug 13, 1965
  4. The Times Dec 06, 1965
  5. The Times, Sep 29, 1965
  6. The Times (London, England), Thursday, Aug 11, 1966
  7. The Times, Feb 23, 1967
  8. The Times, Dec 04, 1968
  9. The Times, Dec 17, 1968
  10. The Times, Jan 31, 1969
  11. The Times, Mar 03, 1969
  12. The Times, Mar 25, 1969
  13. The Times, Apr 03, 1969
  14. The Times, Oct 23, 1969