W. R. Grace
W. R. Grace and Company, a US company; its British subsidiary was Grace Brothers Ltd
1854 Company founded in Peru by William Russell Grace; the company was in the food business.
1937 The board of Grace Brothers and Co decided not to continue the banking business in Britain. W. R. Grace and Co of USA planned to establish an organisation in Britain to handle their business here and also their steamship representation.
1950s Entered the chemicals business.
1962 Half of group profits come from chemicals. The group also had extensive food manufacturing interests, including chocolate in South Africa. Announced plans for a programme of acquisitions
1982 Automotive Division, Cromwell Road, St Neots, Huntingdon.
Sources of Information
- The Times Jan. 21, 1937
- The Times, 19 August 1966
- The Times February 23, 1963