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Imperial Continental Gas Association

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Imperial Continental Gas plc
IndustryGas
Founded1824
Defunct1987
FateBroke up into Calor Gas and Contibel
SuccessorCalor Group
Tractebel
HeadquartersLondon, UK
ParentCharterland and General Exploration and Finance Edit this on Wikidata

Imperial Continental Gas Association plc was a leading British gas utility operating in various cities in Continental Europe. It was listed on the London Stock Exchange and was a constituent of the FTSE 100 Index.

History

The Company was formed by Sir Moses Montefiore[1] and some of his colleagues based in London in 1824 as the Imperial Continental Gas Association to establish gas utilities in other counties.[2] It commenced operations distributing gas in Hannover in 1825 and providing gas lighting in Berlin in 1826 under the supervision of the Prussian Count Eduard of Dyhrn-Waldenburg-Schoenau.[3] During the course of the 19th century it established gas works in Antwerp, Brussels, Berlin and Vienna.[4] Its operations in Vienna began in the mid-1840s; the head office from 1883 to 1902 was at the Palais Epstein.[5]

Sir William Congreve, 2nd Baronet was general manager from 1824.[6] The noted philanthropist Goodwin Newton of Barrells Hall, and Glencripesdale Estate was Director and Chairman for a long period in the late nineteenth century. In the early twentieth century Sir Henry Birchenough the future president of the British South Africa Company also served as a director of the company.[7]

It established the Westergasfabriek gas works in Amsterdam in 1883.[8]

In 1928 it established Distrigas, the main gas distributor in Belgium, which is now owned by Eni.[9] During World War I its operations in Berlin were nationalised by the German Government.[10]

In 1969 the Company acquired all the shares in Calor Group that it did not already own.[11]

In 1986 it rejected a bid from Gulf Resources & Chemical Corporation, a company controlled by the Barclay brothers.[12] Instead in 1987 it broke itself up into Calor Group (now owned by SHV) and Contibel (now owned by Tractebel).[13]

References

  1. ^ Moses Montefiore Archived 13 December 2005 at the Wayback Machine Halcyon, 29 June 2002
  2. ^ Imperial Continental Gas Association records 1824 - 1976 National Archives
  3. ^ "Album presented to Robert W. Wilson by the Imperial Continental Gas Association 1922". Archived from the original on 6 July 2011. Retrieved 14 February 2009.
  4. ^ Where the action is: The Introduction and Acceptance of Infrastructure Innovations in Dutch Cities 1850-1950 Pim Kooij, 21 August 2006
  5. ^ Palais Epstein[permanent dead link]
  6. ^ "President's Address" (PDF). Transactions of the Norfolk and Norwich Naturalists' Society. X (5): 407. 1919.
  7. ^ Volume 1 Tariff Commission Report, Steel industry and trade – England; Textile industry and fabrics, London, 1904
  8. ^ Westergasfabriek Archived 2009-03-02 at the Wayback Machine
  9. ^ Publigas, Eni reach agreement on Distrigas sale Forbes, 26 June 2008
  10. ^ Hansard House of Lords, 6 May 1918
  11. ^ Competition Commission Report 1981 Archived 2007-10-22 at the Wayback Machine
  12. ^ Imperial Gas New York Times, 23 October 1986
  13. ^ "Gulf Resources & Chemical Corporation". Archived from the original on 1 February 2016. Retrieved 14 February 2009.

Further reading