Metalrax Group plc produce and market the majority of bakeware sold in the UK, together with associated ranges of kitchen accessories to both retail and commercial markets. Complementary products include microwave cookware, wine racks and wooden and plastic housewares
1964 Metalrax (Holdings) was incorporated as a Public Limited Company and floated on the Stock Exchange in March 1964 through the amalgamation of four companies.
By 1979 the Group had grown to eighteen companies, through a combined strategy of selective acquisitions of successful engineering businesses and consistent organic growth. This was also the year that the Group decided to diversify, acquiring the first company in the Consumer Durables Division.
1991 the Group had subsidiaries:[1]
- Storage and materials handling
- Metalrax Ltd
- Metalrax (Conveyers) Ltd
- Structures and fabrications
- Housewares
- G. S. Smart and Co Ltd
- Peter Ward and Co (Burnley) Ltd
- J. and Y. Plastics Ltd
- George Wilkinson (Burnley) Ltd
- Progress Bakeware (1931) Inc
- Pressing and assemblies
- Bacol Industries Ltd
- Bacol Fine Blanking Ltd
- Bacol Cylinders Ltd
- Kenham Tools and Processing Ltd
- Prescott Powell Ltd
- Machining and sub-contracting
In June 2008 the Group relisted on the Alternative Investment Market (AIM) as part of its planned strategy for growth.
The company owns the following:
- Weston Body Hardware
- Toolspec Manufacturing Co
- Post Glover LifeLink
- Advanced Handling
- Cooper Coated Coil
- Premier Architectural Metalwork
- GW International
- Samuel Groves
See Also
Sources of Information
- ↑ 1991 Annual report
- [1] Company web site