|
Ibstock Group
Ibstock plc is a British manufacturer of clay bricks and concrete products headquartered in Ibstock, Leicestershire. The company is listed on the London Stock Exchange and is a constituent of the FTSE 250 Index. History The company originates in the brickmaking trade within the village of Ibstock in Leicestershire. It was originally registered in 1899 as ''Ibstock Colleries Ltd'', being initially focused on coal mining; other early business interests included clay extraction and brick manufacturing. By the 1930s, brick production had gradually taken precedence over coal. In 1963, shortly after completing the acquisition of the Wolverhampton-based Himley Brick Company, the ''Ibstock Brick and Tile Company Ltd'' became a publicly traded company. The firm expanded rapidly during the 1960s and 1970s, particularly following its amalgamation with ''Johnsen, Jorgensen & Wettre Ltd'' to become ''Ibstock Johnsen Ltd''; various new brick-making facilities were established along with as ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Public Limited Company
A public limited company (legally abbreviated to PLC or plc) is a type of public company under United Kingdom company law, some Commonwealth of Nations, Commonwealth jurisdictions, and Republic of Ireland, Ireland. It is a limited liability company whose shares may be freely sold and traded to the public (although a PLC may also be privately held, often by another PLC), with a minimum share capital of £50,000 and usually with the letters PLC after its name. Similar companies in the United States are called Public company, ''publicly traded companies''. A PLC can be either an unlisted or listed company on the stock exchanges. In the United Kingdom, a public limited company usually must include the words "public limited company" or the abbreviation "PLC" or "plc" at the end and as part of the legal company name. Welsh companies may instead choose to end their names with , an abbreviation for '. However, some public limited companies (mostly nationalization, nationalised concer ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Early 1990s Recession
The early 1990s recession describes the period of economic downturn affecting much of the Western world in the early 1990s. The impacts of the recession contributed in part to the 1992 U.S. presidential election victory of Bill Clinton over incumbent president George H. W. Bush. The recession also included the resignation of Canadian prime minister Brian Mulroney, the reduction of active companies by 15% and unemployment up to nearly 20% in Finland, civil disturbances in the United Kingdom and the growth of discount stores in the United States and beyond. Primary factors believed to have led to the recession include the following: restrictive monetary policy enacted by central banks, primarily in response to inflation concerns, the loss of consumer and business confidence as a result of the 1990 oil price shock, the end of the Cold War and the subsequent decrease in defense spending, the savings and loan crisis and a slump in office construction resulting from overbuilding duri ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
1899 Establishments In England
Events January * January 1 ** Spanish rule formally ends in Cuba with the cession of Spanish sovereignty to the U.S., concluding 400 years of the Spanish Empire in the Americas.''The American Monthly Review of Reviews'' (February 1899), pp. 153-157 ** In Samoa, followers of Mataafa, claimant to the rule of the island's subjects, burn the town of Upolu in an ambush of followers of other claimants, Malietoa Tanus and Tamasese, who are evacuated by the British warship HMS ''Porpoise''. ** Queens and Staten Island become administratively part of New York City. * January 2 – Theodore Roosevelt is inaugurated as Governor of New York at the age of 39. * January 3 – A treaty of alliance is signed between Russia and Afghanistan. * January 5 – **A fierce battle is fought between American troops and Filipino defenders at the town of Pililla on the island of Luzon. *The collision of a British steamer and a French steamer kills 12 people on the English Channel. * Ja ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Companies Based In Leicestershire
A company, abbreviated as co., is a legal entity representing an association of legal people, whether natural, juridical or a mixture of both, with a specific objective. Company members share a common purpose and unite to achieve specific, declared goals. Over time, companies have evolved to have the following features: "separate legal personality, limited liability, transferable shares, investor ownership, and a managerial hierarchy". The company, as an entity, was created by the state which granted the privilege of incorporation. Companies take various forms, such as: * voluntary associations, which may include nonprofit organizations * business entities In law, a legal person is any person or legal entity that can do the things a human person is usually able to do in law – such as enter into contracts, sue and be sued, own property, and so on. The reason for the term "''legal'' person" is t ..., whose aim is to generate sales, revenue, and For-profit, profit * ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Manufacturing Companies Established In 1899
Manufacturing is the creation or production of goods with the help of equipment, labor, machines, tools, and chemical or biological processing or formulation. It is the essence of the secondary sector of the economy. The term may refer to a range of human activity, from handicraft to high-tech, but it is most commonly applied to industrial design, in which raw materials from the primary sector are transformed into finished goods on a large scale. Such goods may be sold to other manufacturers for the production of other more complex products (such as aircraft, household appliances, furniture, sports equipment or automobiles), or distributed via the tertiary industry to end users and consumers (usually through wholesalers, who in turn sell to retailers, who then sell them to individual customers). Manufacturing engineering is the field of engineering that designs and optimizes the manufacturing process, or the steps through which raw materials are transformed into a final pro ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Initial Public Offering
An initial public offering (IPO) or stock launch is a public offering in which shares of a company are sold to institutional investors and usually also to retail (individual) investors. An IPO is typically underwritten by one or more investment banks, who also arrange for the shares to be listed on one or more stock exchanges. Through this process, colloquially known as ''floating'', or ''going public'', a privately held company is transformed into a public company. Initial public offerings can be used to raise new equity capital for companies, to monetize the investments of private shareholders such as company founders or private equity investors, and to enable easy trading of existing holdings or future capital raising by becoming publicly traded. After the IPO, shares are traded freely in the open market at what is known as the free float. Stock exchanges stipulate a minimum free float both in absolute terms (the total value as determined by the share price multiplied ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Management Buyout
A management buyout (MBO) is a form of acquisition in which a company's existing managers acquire a large part, or all, of the company, whether from a parent company or individual. Management- and/or leveraged buyouts became noted phenomena of 1980s business economics. These so-called MBOs originated in the US, spreading first to the UK and then throughout the rest of Europe. The venture capital industry has played a crucial role in the development of buyouts in Europe, especially in smaller deals in the UK, the Netherlands, and France. Overview Management buyouts are similar in all major legal aspects to any other acquisition of a company. The particular nature of the MBO lies in the position of the buyers as managers of the company and the practical consequences that follow from that. In particular, the due diligence process is likely to be limited as the buyers already have full knowledge of the company available to them. The seller is also unlikely to give any but the most ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Bain Capital
Bain Capital, LP is an American Investment company, private investment firm based in Boston, Massachusetts, Boston, Massachusetts, with around $185 billion of assets under management. It specializes in private equity, venture capital, credit, public equity, impact investing, life sciences, cryptocurrency, crypto, tech opportunities, partnership opportunities, special situations, and real estate. Bain Capital invests across a range of industry sectors and geographic regions. The firm was founded in 1984 by partners from the consulting firm Bain & Company. The company is headquartered at 200 Clarendon Street in Boston with 24 offices in North America, Europe, Asia, and Australia. Since its establishment, Bain Capital has invested in or acquired hundreds of companies, including AMC Theatres, Artisan Entertainment, Aspen Education Group, Apex Tool Group, Brookstone, Burger King, Burlington Coat Factory, Canada Goose (clothing), Canada Goose, DIC Entertainment, Domino's Pizza, Double ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Investment Company
An investment company is a financial institution principally engaged in holding, managing and investing securities. These companies in the United States are regulated by the U.S. Securities and Exchange Commission and must be registered under the Investment Company Act of 1940. Investment companies invest money on behalf of their clients who, in return, share in the profits and losses. Investment companies are designed for long-term investment, not short-term trading. Investment companies do not include brokerage companies, insurance companies, or banks. In United States securities regulation, there are at least five types of investment companies: * Open-End Management Investment Companies (mutual funds) * Face-amount certificate companies: very rare * Closed-End Management Investment Companies (closed-end funds) * UITs ( unit investment trusts): only issue redeemable units * Exchange-traded funds ( ETFs) In general, each of these investment companies must register under th ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
CRH Plc
CRH plc is an international group of diversified building materials businesses whose headquarters is in Dublin, Ireland. It manufactures and supplies a wide range of products for the construction industry. The group was formed through a 1970 merger of two leading Irish public companies, Cement Limited (established in 1936) and Roadstone Limited (1949). CRH's primary listing is on the New York Stock Exchange since 2023, prior to which it was on the London Stock Exchange and on Euronext Dublin (where it was a constituent of the ISEQ 20). History 1970–1980s: formation and listings The company's name is an abbreviation of Cement Roadstone Holdings, and was formed through the merger in 1970 of ''Cement Ltd'' (established in 1936) and '' Roadstone Ltd'' (established in 1949). According to Jonathan Guthrie of the ''Financial Times'', it is pronounced "Cee Orr Haitch". The company went public on the Irish Stock Exchange in 1973. CRH entered the United States in 1978 by buying Amc ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Redland Plc
Redland plc was a leading British building materials business. It was listed on the London Stock Exchange and was once a constituent of the FTSE 100 Index. History The company can trace its origins back to the ''Redhill Tile Company'', which was a manufacturer of concrete tiles that was established in 1919. During 1946, the company changed its name to ''Redland Tiles''. In 1954, the firm expanded into Germany via its acquisition of a minority interest in ''Braas'', a building materials business based in Heusenstamm. One year later, Redland Tiles was listed for the first time on the London Stock Exchange. During 1959, the company purchased the Bursledon Brickworks site located in the Hampshire village of Swanwick, near Southampton. Redland held control of this brickworks until 1974, at which point it ceased to exist. In 1969, the firm started operating in Australia, acquiring a significant shareholding in ''Monier Ltd''. Another product line of Redland's was plasterboard; pr ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Tarmac Group
Tarmac Group Limited was a British building materials company headquartered in Wolverhampton, United Kingdom. It produced road surface, road surfacing and heavy building materials including Construction aggregate, aggregates, concrete, cement and lime (material), lime, as well as operating as a road construction and road#Maintenance, maintenance subcontractor. The company was formerly listed on the London Stock Exchange and was once a constituent of the FTSE 100 Index. The company was founded in 1903 by Edgar Purnell Hooley two years after he patented the road surfacing material Tarmacadam, tarmac. The company grew quickly, first being Listing (finance), listed on the Birmingham Stock Exchange in 1913 and on the London Stock Exchange in 1922. Despite intense competition and other challenging factors, Tarmac expanded both geographically and in its range of services, particularly as a consequence of intense demands of the Second World War. By 1953, Tarmac was processing over two ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
