Hanson Limited
| Hanson Limited
|
|
|---|---|
 |
|
| legal form | Limited |
| founding | 1929 |
| Seat | Maidenhead , UK |
| management | Alan Murray, Chief Executive Officer |
| Number of employees | approx. 3,500 |
| sales | approximately 1.2 billion GBP |
| Branch | Building material manufacturer |
| Website | www.hanson.co.uk |
| Status: 2014 | |
Hanson Limited is a UK based international company that manufactures and sells building materials. The headquarters of the company, which was previously listed on the London Stock Exchange in the FTSE 100 , is in Maidenhead ( England ). The company has been part of the HeidelbergCement Group since September 2007 .
In 2006 the company employed almost 26,000 people; After the integration into HeidelbergCement, the number of employees was 3,500 at the end of 2014.
In the 1990s, several areas of Hanson were spun off and spun off from the company. Before that, the company was a group with various activities in different industries, making it one of the largest companies in Great Britain.
Company history
Hanson was founded in 1964 by James Hanson , later Lord Hanson, and Gordon White , later Lord White. Hanson's policy was to buy out undervalued companies and turn them around profitably.
In the 1970s and 1980s, Hanson owned chemical plants in the United States , electricity companies in the UK, and gold mines in Australia, among others . Hanson made cigarettes and batteries, toys, construction cranes, and ran golf clubs.
Best known was the acquisition of the Imperial Tobacco Group in 1986. Hanson paid £ 2.5 billion for this and reorganized the Imperial Tobacco Group.
The attempt to take over the company Imperial Chemical Industries (ICI) in 1991 was unsuccessful.
In the mid-1990s, corporations became less popular in the investment industry, which is why some manufacturing areas were spun off from Hanson to US Industries in 1995 .
In 1996 Hanson carried out a radical restructuring of its own company. The group's many industry sectors were split up and floated on the stock exchange in four independent companies:
- Hanson plc
- Imperial Tobacco
- The Energy Group
- Millennium Chemicals
The construction material production remained with Hanson plc while the three other branch companies were sold. Lord Hanson stepped down from Hanson in December 1997. Last of the divisions that were not part of the building materials industry were sold, while new building materials manufacturers were acquired, such as Pioneer International of Australia and various companies in the United States.
In the summer of 2007, the German company HeidelbergCement took over Hanson plc for 14 billion euros. Since then the company has operated as a Limited .
The brick manufacturing division was spun off as Hanson Building Products in late 2014 and sold to Lone Star for £ 900 million .
Individual evidence
- ↑ a b c Profile on hanson.co.uk, accessed November 13, 2016.
- ^ Hanson PLC History on fundinguniverse.com, accessed November 13, 2016.
- ↑ UK brick maker Hanson sold by German owner for £ 900m. In: The Daily Telegraph . December 24, 2014, accessed April 1, 2016 .