Amalgamated Power Engineering
Amalgamated Power Engineering was a British engineering holding company, created through the 1968 merger of W.H. Allen, Sons and Co and Belliss and Morcom.[1]
In 1966, the receiver of Crossley Brothers of Manchester,[2] sold the Crossley-Premier Engines and Furnival and Co businesses to Belliss and Morcom (B&M) of Birmingham, West Midlands.[1] In 1968 B&M agreed a merger with W.H. Allen, Sons and Co of Bedford,[3] to form Amalgamated Power Engineering (APE), 60% owned by Allen's shareholders (which included William Foster & Co.) and 40% by Belliss and Morcom; which instantly became a leading manufacturer of engines.[4] In 1968, APE reached agreement with Cooper-Bessemer to allow C-B to sell APE's gas treatment plant worldwide. In 1969, APE's Allen Gwynnes Pumps subsidiary acquired the industrial pumps business of Vickers plc based in Barrow in Furness.
After a difficult period in the 1970s, when due to ongoing losses APE sold a number of subsidiaries, in 1981 APE was acquired by Northern Engineering Industries plc, based in Gosforth, Newcastle upon Tyne.[5] NEI shut most of the old central-Birmingham factories, consolidated the products around compressors, and moved B&M to Redditch.[1] NEI itself was then acquired by Rolls Royce plc in 1989.[5]
References
- ^ a b c "Belliss and Morcom". GracesGuide.co.uk. Retrieved 21 June 2012.
- ^ Crossley Motors
- ^ "Bedford timeline". Archived from the original on 15 December 2012. Retrieved 24 February 2014.
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- ^ a b NZR Cranes Archived 2016-03-03 at the Wayback Machine
- Technology companies established in 1968
- Technology companies disestablished in 1981
- Defunct engineering companies of England
- Rolls-Royce
- 1968 establishments in England
- Former defence companies of the United Kingdom
- 1981 disestablishments in England
- 1981 mergers and acquisitions
- United Kingdom company stubs