Grace's Guide

British Industrial History

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A holding company

1925 Malay United Rubber Estates Ltd was incorporated as a public company[1]

1956 The last of its rubber estates was sold

1956 Malay United Rubber Estates acquired Thomasson Investments and Second Thomasson Investments in a reverse take-over; changed its name to Pillar Holdings, an investment company[2]. New quotation gained; acquired W. H. Sheridan and Son, constructor of powder magazines, and Knettishall Farm Ltd[3]

1958 Acquired Prean Holdings, another investment company, which had an interest in Pillar's subsidiary Riverwall Holdings, and in Piped Television (Wales)[4]

1959 Acquired Lanarkshire Builders[5]

1960 A new company was formed to extend the system of Piped Television in conjunction with GEC which had a minority interest which would be called General Piped Television Ltd[6]. Acquired Aerial Developments (Glasgow) Ltd and changed its name to General Piped Television (Scotland), as the basis for extending the system to Scotland[7]

1961 Wound up Lanarkshire Builders; owned 25 percent of a new company Independent Aluminium Extruders Ltd - Indalex[8].

1962 Acquired Stedall and Co, aluminium stockists[9]. Several parts of Stedall were moved into separate subsidiary companies but Duraflex Housecrafts continued as a separate entity[10]. Acquired the rest of the shares in Indalex[11]. Merged Stedall into a new joint company formed with Aston Aluminium Warehouses[12]. Acquired Andrew Chalmers and Mitchell, makers of industrial lighting equipment, and Pidgen Brothers Ltd, machine tool dealers and reconditioners. Muir, Goodfellow and Co had won contracts for civil and industrial electrical work in addition to their normal marine work[13]. GEC, which had done the preparatory research for the company and manufactured the equipment, sold its shares in General Piped Television to Pillar[14]. Acquired Ajax Aluminium[15]

1963 Acquired Ellay Tubes, maker of non-ferrous metal tubes[16]. Joint venture formed with Venesta to develop their aluminium interests[17]; the new company would be the first with interests in all stages of production of aluminium products. Acquired 20 percent interest in I. Bier and Son (Technical), who had UK rights to the Heller/Forgo dry cooling system which was in use at Rugeley Power Station[18]. Acquired Grafton Industrial Securities[19]

1964 Acquired Mellowes and Co, patent glazing and metal window manufacturers[20]

1965 Alcan Industries and Pillar Holdings jointly acquired the share capital of Aston Stedall Aluminium Warehouses not previously owned by Pillar[21]

1967 Crittall-Hope[22] acquired Architectural Aluminium Ltd, part of the Pillar Group.

1968 Closed 3 loss-making metal window companies - Mellowes and Co, Archital and Mellowes Luxfer. Goodfellow, contract wirers, was reorganised to eliminate losses. A new window frame company Archital Luxfer had been formed[23]

1969 Acquired the 25 percent that it did not own of Archital Luxfer, the profitable aluminium window company,[24]

1971 Scotcros acquired Unit Body Developments from RTZ Pillar and BPB Industries[25]

See Also


Sources of Information

  1. The Times, Dec 12, 1956
  2. The Times, Jul 31, 1956
  3. The Times, Dec 11, 1956
  4. The Times, Dec 06, 1958
  5. The Times, Jul 13, 1959
  6. The Times, Jan 07, 1960
  7. The Times, Aug 01, 1960
  8. The Times, Dec 19, 1961
  9. The Times, Jan 25, 1962
  10. The Times, Oct 09, 1962
  11. The Times, Jul 02, 1962
  12. The Times, Sep 20, 1962
  13. The Times, Oct 09, 1962
  14. The Times, Nov 29, 1962
  15. The Times, Dec 03, 1962
  16. The Times (London, England), Monday, May 20, 1963
  17. The Times, Jul 23, 1963
  18. The Times, Jul 23, 1963
  19. The Times, Oct 19, 1963
  20. The Times, Feb 26, 1964
  21. The Times, Apr 06, 1965
  22. The Times, Sep 08, 1967
  23. The Times, Jun 01, 1968
  24. The Times, Nov 15, 1969
  25. The Times, Nov 02, 1971