Guinness Peat Group

From Wikipedia, the free encyclopedia
Jump to: navigation, search
Guinness Peat Group
Public limited company
Industry Investments
Headquarters London, United Kingdom
Key people
Sir Ron Brierley (Chairman)
Website www.coats.com

Guinness Peat Group was an investment holding company with interests in Europe, Australia and New Zealand.

History[edit]

The company, which had been formed as an investment offshoot of the London-based investment bank Guinness Mahon in the 1980s, was acquired by Brierley Investments Limited (a business controlled by Sir Ron Brierley) in 1990.[1] The company's shares were listed on the New Zealand Stock Exchange in 1991, on the London Stock Exchange in 1992 and the Australian Securities Exchange in 1993.[2] In 2000 the company spearheaded a campaign to stop the London Stock Exchange from merging with Germany's Deutsche Börse.[3]

The company, having disposed of its other investments, was renamed after its former subsidiary, Coats, in February 2015.[4]

References[edit]

  1. ^ "Weiss exits Guinness Peat but stays on at Coats". The Australian. 1 April 2011. Retrieved 8 February 2016. 
  2. ^ Gaynor, Brian (3 July 2010). "Investors must insist on best practice". New Zealand Herald. Retrieved 8 February 2016. 
  3. ^ "Exchange merger 'bad for investors'". The Telegraph. 11 August 2000. Retrieved 8 February 2016. 
  4. ^ "End of an era as Guinness Peat Group dons its new coat". This is money. 26 February 2015. Retrieved 8 February 2016.