Siebe plc became the name of the new conglomerate formed when Siebe Gorman began taking over other firms in the early 1970s, to distinguish it from Siebe Gorman's original breathing apparatus and diving gear core business. Siebe plc was once one of the United Kingdom's largest engineering businesses and was a constituent of the FTSE 100 Index. In 1999 it merged with BTR plc[1] to form Invensys.
 | |
| Company type | Public company |
|---|---|
| Industry | Engineering |
| Founded | 1 April 1920 |
| Defunct | 1999 |
| Fate | Merged with BTR plc |
| Successor | Invensys |
| Headquarters | London, UK |
Key people | Sir Barrie Stephens, (chairman) |
History
edit- About 1972: Siebe plc became the name of the new conglomerate formed when Siebe Gorman began taking over other firms, to distinguish it from Siebe Gorman's original breathing apparatus and diving gear core business.
- 1972: Siebe plc acquired James North & Sons, a large safety products business, and continued to brand it as North Safety Products.[citation needed]
- 1985: Siebe plc acquires CompAir, a business making compressed air equipment for the mining and construction industries, divers and firefighters.
- 1987: Siebe plc acquires the Barber-Colman Company, an industrial automation and controls business.
- 1990: Siebe plc acquires the Foxboro Company, another industrial automation business.[2][3]
- 1994: Siebe plc bought Triconex, a safety control business.[2]
- 1997: Siebe plc acquired APV plc.
- 1998: Siebe plc acquired Eurotherm, Wonderware and Simulation Sciences.
- 1998: Siebe plc sold North Safety Products (and Siebe Gorman with it) to Norcross.[4]
- 1999: Siebe plc acquired Esscor.[2]
- 1999: Siebe plc merged with BTR plc to form Invensys.[5]
References
edit- ^ "History of BTR Siebe plc". referenceforbusiness.com. Retrieved 17 June 2018.
- ^ a b c "Invensys is now Schneider Electric - Schneider Electric". www.se.com.
- ^ "Foxboro accepts $656 million takeover offer". UPI. Retrieved 29 August 2018.
- ^ Siebe confirms sale of North Safety Products business Auto Channel, 6 October 1998
- ^ Siebe and BTR to merge into $24bn automotion giant Archived 24 July 2011 at the Wayback Machine Managing Automotion, 1 January 1999