Tyman plc, formerly known as Lupus Capital, is a manufacturer of building products. Based in
London
London is the capital and List of urban areas in the United Kingdom, largest city of England and the United Kingdom, with a population of just under 9 million. It stands on the River Thames in south-east England at the head of a estuary dow ...
, the company is listed on the
London Stock Exchange
London Stock Exchange (LSE) is a stock exchange in the City of London, England, United Kingdom. , the total market value of all companies trading on LSE was £3.9 trillion. Its current premises are situated in Paternoster Square close to St Pa ...
.
History
The company was established as a small property services business known as Dean & Bowes (Homes) Limited in 1993 but, after the founder, Stephen Dean, sold his investment to an investor group known as Lupus Associates in 1999, the property services business was sold and the company became an investment vehicle known as Lupus Capital. Greg Hutchings, the former CEO of
Tomkins plc, took control of the company in 2004. Under his management, Lupus Capital bought the
Schlegel Building Products Division from Unipoly in March 2006, and then acquired the security business of
Laird plc
Laird plc was a leading British-based electronics and technology business. It was listed on the London Stock Exchange until it was acquired by Advent International in July 2018.
History
The company was founded by John Laird in 1824 as ''Birkenh ...
in April 2007. After the company started making significant losses, in the context of the
financial crisis
A financial crisis is any of a broad variety of situations in which some financial assets suddenly lose a large part of their nominal value. In the 19th and early 20th centuries, many financial crises were associated with banking panics, and man ...
, Hutchings left the business in 2009. The company acquired Fab & Fix, a doors and windows parts business based in
Coventry
Coventry ( or ) is a city in the West Midlands, England. It is on the River Sherbourne. Coventry has been a large settlement for centuries, although it was not founded and given its city status until the Middle Ages. The city is governed ...
, for £14.8 million in 2012. In order to reflect a new focus as a building products business, rather than as a financial institution, the company changed its name from Lupus Capital to Tyman in February 2013.
References
{{reflist
Companies established in 1993
Companies listed on the London Stock Exchange