W. R. Grace and Company, a US company; its British subsidiary was Grace Brothers Ltd
1854 Company founded in Peru by William Russell Grace; the company was in the food business.
1937 The board of Grace Brothers and Co decided not to continue the banking business in Britain. W. R. Grace and Co of USA planned to establish an organisation in Britain to handle their business here and also their steamship representation[1].
1950s Entered the chemicals business.
1962 Half of group profits come from chemicals. The group also had extensive food manufacturing interests, including chocolate in South Africa. Announced plans for a programme of acquisitions
1963 Acquired the Van Houten Chocolate Company of the Netherlands and the associated but independent British company of similar name, Van Houten.
1966 Sold the polybutenes plant at Baglan Bay to British Hydrocarbon Chemicals[2].
1982 Automotive Division, Cromwell Road, St Neots, Huntingdon.
See Also
Sources of Information
- The Times February 23, 1963