Golden Fleece was an Australian brand of petroleum products and service stations operated by Harold Sleigh and Company, a business founded in Melbourne, Australia in 1893 by shipowner and merchant Harold Crofton Sleigh (1867–1933) and manufacturer and shipowner John McIlwraith (1828–1902).
 | |
| Company type | Public (1947–1981) |
|---|---|
| Industry | Oil and gas |
| Founded | Melbourne, Australia (1893) |
| Defunct | 1981 (merged into Caltex Australia) |
| Headquarters | Australia |
Key people | Harold Sleigh and John McIlwraith |
| Products | Petrochemical products and retail service stations |
| Parent | HC Sleigh & Co 1893–1981 Caltex Australia 1981–2020 Ampol 2020–present |
According to one account, Sleigh started in the petroleum trade in 1913, when a customer was unable to pay freight on a shipment of motor spirit, and the company took possession of the consignment. He later sold the tins of "motor spirit" at a significant profit, leading to the idea for reselling fuel.[1][2][3]
In 1917, Sleigh registered the trade name "Golden Fleece" for "illuminating, heating and lubricating oils, including petrol, benzine and kerosene",[4] and the following year was clearly marketing "benzine"[a] as a fuel for motorcycles.[5]
Initially, the company sold motor spirit in drums only—the first Golden Fleece pump being installed in 1920.
Golden Fleece was a pioneer of single-branded service stations (as opposed to the more common multi-brand offerings of the era), and its distinctive "golden merino" trademark was soon a common sight for Australian motorists.[3]
The post-war era saw a massive expansion of Australia's motor industry and car ownership soared. The company was made public in 1947. Purr Pull was a brand marketed by Independent Oil Industries of Sydney. They also sold Purr Star and Resis Oil. The company was bought out by Smith Wylie (Aust) Pty Ltd in Queensland who ran the company as Purr Pull Industries and then in June 1954, H.C. Sleigh merged with Purr Pull Industries, with the Purr Pull and Star brands dropped and all operations rebranded as Golden Fleece.[6]
The 1950s and 1960s were boom times for the Golden Fleece brand and expansion and acquisitions were the trend. H.C. Sleigh Limited acquired the fledgling Kangaroo and Phillips 66 brands in 1962 and 1967 respectively. During these years, many (if not most) Golden Fleece service stations became roadhouse-style outlets with restaurants and bold signage.
At its peak, Golden Fleece had about 5,000 service stations, roadhouses and distributors nationwide, and was also the operator of Australia's largest restaurant chain. In some towns, the Golden Fleece roadhouse was the only restaurant; local residents would go there for dinner.[3]
Some time during the 1960s or 1970s[clarification needed] Golden Fleece gained a major contract by the, then small, major trucking company Linfox, that is still held by Ampol today, due to a friendship between Regional Manager for Victoria Max Collins and Lindsay Fox.
The company never had its own oil refinery and depended on Caltex to facilitate the importation and refining of crude oils at Kurnell Refinery in Sydney on its behalf.[3] In the late 1970s the industry started to mature and rationalise due to soaring crude oil prices, and Federal Government oversight of petrol and diesel prices which was a subtle form of price control. Inevitably Golden Fleece was itself acquired by Caltex in 1981 and no longer trades under that name, though its unique livery can still be seen on some older roadhouses in rural Australia. A particular treasure for collectors are the globes (in the shape of the Golden Fleece ram) that sat atop the company's pumps until the 1970s, when the pumps were standardised.[7]
As of 2024[update], the Golden Fleece brand was owned by Ampol. According to an Ampol spokesman, "Golden Fleece holds iconic status as a brand and forms an important part of Ampol's storied history. Ampol always has ongoing conversations about its brands and their role in its wider portfolio."[3]
Executive
edit- Harold Sleigh, co-founder and Chairman[8]
- John McIlwraith 1893–1902, co-founder
- Hamilton Moreton Sleigh Chairman and CEO 1933–1975[8]
- Peter Sleigh 1975–1981 Chairman and CEO[8]
See also
editNotes
editReferences
edit- ^ Diane Langmore (1988). Sleigh, Harold Crofton (1867–1933). National Centre of Biography, Australian National University. Retrieved 17 September 2020.
- ^ Petrol and Oil Company Timeline, Unique Cars and Parts. Retrieved on 11 July 2009.
- ^ a b c d e Brandel, Phil (16 June 2024). "How Golden Fleece, Australia's first oil company and biggest restaurant chain, vanished overnight". ABC News. Retrieved 16 June 2024.
- ^ "Commonwealth Patents". Freeman's Journal. Vol. LXIX, no. 4122. New South Wales, Australia. 2 August 1917. p. 40. Retrieved 19 September 2020 – via National Library of Australia.
- ^ "Club Championship". The Herald (Melbourne). No. 13, 356. Victoria, Australia. 25 November 1918. p. 3. Retrieved 19 September 2020 – via National Library of Australia.
- ^ £6M Assets in Australian Oil Merger The Courier-Mail 4 June 1954 page 1
- ^ Caltex absorbs Golden Fleece Canberra Times 16 March 1981 page 6
- ^ a b c "IMAGES POSTCARDS PHOTOGRAPHS EPHEMERA OF H C SLEIGH". Flotilla Australia. Archived from the original on 28 February 2016. Retrieved 30 June 2024.
