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 Birmingham Stock Exchange[1]; the company was formed by the amalgamation of four companies involved in metal fabrication, engineering contracting, tyre tread trucks, storage equipment.
1978 Acquired Joseph Fray[2]
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.
1990 Subsidiaries included (but absent from 1991 list):[3]
1991 the Group had subsidiaries:[4]
- 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
- 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 owned the following:
- Weston Body Hardware
- Toolspec Manufacturing Co
- Post Glover LifeLink
- Advanced Handling
- Cooper Coated Coil
- Premier Architectural Metalwork
- GW International
- Samuel Groves
2013 Company in administration; sold to Greybull Capital[5]
See Also
Sources of Information
- [1] Company web site