|
Dickinson Robinson Group
The Dickinson Robinson Group, or DRG, was a listed British paper, printing and packaging company founded in 1966 as a result of a merger of John Dickinson Stationery Ltd and E. S. & A. Robinson Ltd, creating one of the world's largest stationery and packaging companies. Products with a high public profile included Sellotape, which it owned from the 1960s to 1980s, and Basildon Bond, which dated from 1911. In 1978, DRG took over the Royal Sovereign group of companies. In 1989, Roland Franklin (Pembridge Associates) acquired DRG's packaging business with a leveraged buyout worth £900 million and the assets of that company were stripped. In 1992 the packaging business was acquired by Bowater-Scott. The John Dickinson stationery business was acquired by DS Smith in 1996 and in turn in 2005 by Hamelin, a French company. Paper cup production DRG Cups manufactured and distributed disposable paper cups throughout the 1970s and early 1980s, but with the emergence of the plastic cup, ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Listing (finance)
In corporate finance, a listing refers to the company's shares being on the list (or board) of stock that are officially traded on a stock exchange. Some stock exchanges allow shares of a foreign company to be listed and may allow dual listing, subject to conditions. Normally the issuing company is the one that applies for a listing but in some countries an exchange can list a company, for instance because its stock is already being traded via informal channels. Stocks whose market value and/or turnover fall below critical levels may be delisted by the exchange. Delisting often arises from a merger or takeover, or the company going private. Requirements Each stock exchange has its own listing requirements or rules. Initial listing requirements usually include supplying a history of a few years of financial statements (not required for "alternative" markets targeting young firms); a sufficient size of the amount being placed among the general public (the free float), both i ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
John Dickinson Stationery
John Dickinson Stationery Limited was a leading English stationery company founded in southwest Hertfordshire. In the 19th century, the company pioneered a number of innovations in papermaking. It became part of Dickinson Robinson Group in 1966; after changes of ownership, the John Dickinson brand was retired in 2008. History John Dickinson began his business life as a stationer in the City of London in 1804. But around 1802 he had already started to experiment with papermaking machinery and obtained a first patent for cutting paper in 1807. Two years later Dickinson patented a new continuous mechanized papermaking process. In the same year he gained financial backing from George Longman, whose family controlled the Longman publishing firm, and formed a new company, called Longman & Dickinson. In addition a considerable sum of money was borrowed from the printer and MP Andrew Strahan (1749–1831). Dickinson bought his first paper mill at Apsley, Hertfordshire (a former ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Sellotape
Sellotape () is a British brand of transparent, polypropylene-based, pressure-sensitive tape, and is the leading brand in the United Kingdom. Sellotape is generally used for joining, sealing, attaching and mending. In much the same way that Scotch Tape came to be used in Canada and the United States when referring to any brand of clear adhesive tape, Sellotape has become a genericised trademark in Britain and a number of other countries where it is sold. Sellotape continued to be made in Borehamwood until the late 1960s/early 1970s. History Sellotape was originally manufactured in 1937 by Colin Kinninmonth and George Grey, in Acton, west London. The name was derived from ''cellophane'', at that time a trademarked name, with the "C" changed to "S" so the new name could be trademarked. Sellotape was made at a factory in Borehamwood, Hertfordshire, from 1930 to about 1950 when it moved to Welwyn Garden City or thereabouts. One of the factory designers was E.F. Peat, an architect ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Basildon Bond (company)
John Dickinson Stationery Limited was a leading English stationery company founded in southwest Hertfordshire. In the 19th century, the company pioneered a number of innovations in papermaking. It became part of Dickinson Robinson Group in 1966; after changes of ownership, the John Dickinson brand was retired in 2008. History John Dickinson began his business life as a stationer in the City of London in 1804. But around 1802 he had already started to experiment with papermaking machinery and obtained a first patent for cutting paper in 1807. Two years later Dickinson patented a new continuous mechanized papermaking process. In the same year he gained financial backing from George Longman, whose family controlled the Longman publishing firm, and formed a new company, called Longman & Dickinson. In addition a considerable sum of money was borrowed from the printer and MP Andrew Strahan (1749–1831). Dickinson bought his first paper mill at Apsley, Hertfordshire (a former f ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Roland Franklin
Sir Roland Arthur Ellis Franklin (born 5 May 1926) is a British-born Antigua and Barbuda-based merchant banker. Early life Roland Franklin was born in 1926 into an affluent and influential British Jewish family. His father, Ellis Arthur Franklin (1894–1964), was a merchant banker. His sister was Rosalind Franklin, the scientist whose research led to discovery of the structure of DNA. His brother is the bibliographer Colin Ellis Franklin. Banking and Business career Franklin is a merchant banker, and a former director of Keyser Ullman, the British merchant bank that failed in the 1973-74 banking crisis. He had a long business partnership with the corporate raider James Goldsmith. As Goldsmith began winding down his US operations in 1987, Roland Franklin set up the Pembridge group together with his son Martin E. Franklin. Together they undertook a series of transactions between 1987 and 1989, the largest of which was the $1.3 billion hostile takeover of the Dickinson Robinson ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Leveraged Buyout
A leveraged buyout (LBO) is one company's acquisition of another company using a significant amount of borrowed money ( leverage) to meet the cost of acquisition. The assets of the company being acquired are often used as collateral for the loans, along with the assets of the acquiring company. The use of debt, which normally has a lower cost of capital than equity, serves to reduce the overall cost of financing the acquisition. The cost of debt is lower because interest payments often reduce corporate income tax liability, whereas dividend payments normally do not. This reduced cost of financing allows greater gains to accrue to the equity, and, as a result, the debt serves as a lever to increase the returns to the equity. The term LBO is usually employed when a financial sponsor acquires a company. However, many corporate transactions are partially funded by bank debt, thus effectively also representing an LBO. LBOs can have many different forms such as management buyout (MBO ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Asset Stripping
Asset stripping is a term used to refer to the practice of selling off a company's assets in order to improve returns for equity investors. In many cases where the term is used, a financial investor, referred to as a ' corporate raider', takes control of another company and then auctions off the acquired company's assets. The term is generally used in a pejorative sense as such activity is not considered helpful to the company. The proceeds of the sale of assets may be used to lower the company's net debt. Alternatively, they may be used to pay a dividend to equityholders, leaving the company with lower net worth – i.e. the same level of debt but fewer assets (and weaker earnings) to support that debt. With a lower level of assets, some argue that the business is rendered less financially stable or viable. For example, the sale-and-leaseback of a building would lead to an increased rental bill for the company. Asset stripping is a highly controversial topic within the financia ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Rexam
Rexam plc was a British-based multinational consumer packaging company headquartered in London, England. After spending much of its life as a paper producer known as Bowater, it diversified and became a leading manufacturer of beverage cans. It had 55 plants in over 20 countries across Asia, Europe, North America and South America. In June 2016, Rexam was acquired by Ball Corporation for $8.4 billion. History Foundation Manchester-born William Vansittart Bowater trained as a manager with James Wrigley and Sons, a paper making business based in Manchester. Having been dismissed in 1881 at age 43, Bowater decided to establish himself as a paper agent in London. In a quickly expanding market, Bowater later secured contracts to supply newsprint to two of the leading publishing entrepreneurs: Alfred Harmsworth, then publisher of the ''Daily Mail'' and the '' Daily Mirror''; and Edward Lloyd, publisher of the '' Daily Chronicle''. The company was subsequently renamed W.V. Bowate ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
DS Smith
DS Smith plc is a British multinational packaging business, headquartered in London, England. It is listed on the London Stock Exchange and is a constituent of the FTSE 100 Index. History The business was founded by two cousins, David Gabriel Smith and David Solomon Smith in 1940, to manufacture cartons. It was first listed on the London Stock Exchange in the late 1950s. In 1986 the company acquired St Regis Paper Company and in 1988 Kemsley Paper Mill, both paper manufacturing businesses. In 1991 the business bought Kaysersberg Packaging, a leading packaging business, and in 1993 it bought James Spicer & Sons, Spicers, an office products wholesaler. In 1996 it acquired John Dickinson Stationery, John Dickinson, an envelope manufacturer, and in 2004 it completed the purchase of Linpac, Linpac Containers, a corrugated packaging manufacturer. The company sold Spicers, its office products wholesaling business, for £200 million, in July 2011 and acquired the packaging division of ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Paper Cup
A paper cup is a disposable cup made out of paper and often lined or coated with plastic or wax to prevent liquid from leaking out or soaking through the paper. It may be made of recycled paper and is widely used around the world. History Paper cups have been documented in imperial China, where paper was invented by 2nd century BC. Paper cups were known as ''chih pei'' and were used for the serving of tea. They were constructed in different sizes and colors, and were adorned with decorative designs. Textual evidence of paper cups appears in a description of the possessions of the Yu family, from the city of Hangzhou. The modern paper cup was developed in the 20th century. In the early 20th century, it was common to have shared glasses or dippers at water sources such as school faucets or water barrels in trains. This shared use caused public health concerns. One notable investigation into their use was the study by Alvin Davison, biology professor at Lafayette College, publis ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Plastic Cup
A plastic cup is a cup made out of plastic, commonly used as a container to hold beverages. Some are reusable while others are intended for a single use followed by recycling or disposal. Disposable plastic cups are often used for gatherings where it would be inconvenient to wash dishes afterward, due to factors such as location or number of guests. Plastic cups can be used for storing most liquids, but hot liquids may melt or warp the material. A common design in the United States is a red plastic cup, often used for serving alcoholic beverages. Environmental issues Most plastic cups are designed for single uses and then disposal or recycling. A life cycle inventory of a comparison of paper and plastic shows environmental effects of both with no clear winner. Production of of plastic cup emits of green house gases. The choice between paper cups and plastic cups has to do with the life of the item after use. A paper cup may biodegrade faster than a expanded polysty ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Liverpool
Liverpool is a City status in the United Kingdom, city and metropolitan borough in Merseyside, England. With a population of in 2019, it is the List of English districts by population, 10th largest English district by population and its ESPON metropolitan areas in the United Kingdom, metropolitan area is the fifth largest in the United Kingdom, with a population of 2.24 million. On the eastern side of the Mersey Estuary, Liverpool historically lay within the ancient Hundred (county division), hundred of West Derby (hundred), West Derby in the county of Lancashire. It became a Borough status in the United Kingdom, borough in 1207, a City status in the United Kingdom, city in 1880, and a county borough independent of the newly-created Lancashire County Council in 1889. Its Port of Liverpool, growth as a major port was paralleled by the expansion of the city throughout the Industrial Revolution. Along with general cargo, freight, and raw materials such as coal and cotton ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
