Tube Investments
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Tube Investments (later known as TI Group) was a British engineering company specialising in the manufacture and manipulation of tubing.
[edit] History
Registered in 1919 as a public company combining the following seemless steel tube manufacturing companies: Tubes Limited, New Credenda Tube (later known as Creda), Star Tube, and St. Helen's Tube and Metal. It became a large group owning several companies, many of which were later sold off before the group merged with the Smiths Group in 2000.
- 1919 Accles & Pollock (tube makers) was purchased.
- 1928 Reynolds Tube was purchased.
- 1928 Ivan Stedeford joins company.
- 1935 Ivan Stedeford elected CEO.
- 1944 Ivan Stedeford elected Chairman.
- 1946 Swallow Coachbuilding Co. (1935) Ltd.
- 19?? The British Cycle Corporation subsidiary was formed which eventually comprised of the following cycle companies:
- Phillips Cycles
- Hercules Cycles (No connection with the German Hercules company)
- Armstrong
- Rudge Whitworth
- Norman Cycles
- Sun Cycles
- 1958/9 The Aluminium War
- 1960 Raleigh Industries joined the group bringing with it:
- BSA Cycles
- J. B. Brookes
- 1963 Bought Russell Hobbs, kettle manufacturers [1]
- 1963 Ivan Stedeford retires as Chairman & CEO and assumes title of Life President.
- 1987 Raleigh was sold.
- 1987 Creda was sold to GEC Group [2]
- 1992 Dowty Group plc was purchased
- 1996 Accles & Pollock was sold to Hay Hall Group [3].
- 2000 TI Group merged with Smiths Group [4].
[edit] External links
- History of the TI Group, from the company's former website on the Internet Archive [5]
- TI Group former website on the Internet Archive [6]
