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Subsidiaries. EMI. Thorn EMI was a major British company involved in consumer electronics, music, defence and retail. Created in October 1979, when Thorn Electrical Industries merged with EMI, it was listed on the London Stock Exchange and was once a constituent of the FTSE 100 Index.
Thorn EMI was a major British company involved in consumer electronics, music, defence and retail. 1979 EMI was acquired by Thorn Electrical Industries to form Thorn EMI [1] one of the largest operating companies in the UK. Thorn EMI's business covered four principal areas of activity;
London WC2H 9ED. England. 01-836-2444. Public Company. Incorporated: March 3, 1980 as a result of the merger of. Thorn Electrical Industries Ltd. and EMI Ltd. Employees: 80,484. Sales: £ 3.316 billion (US$4.769 billion) Market Value: £ 1.683 billion (US$2.42 billion) Stock Index: London.
Thorn Electrical Industries Limited was a British electrical engineering company. It was listed on the London Stock Exchange , but merged with EMI Group to form Thorn EMI in 1979. It was de-merged in 1996 and became a constituent of the FTSE 100 Index , but was acquired by the Japanese Nomura Group only two years later.
The purchase gave Thorn EMI 50 percent of the rental market in the United States and made the company the largest rental company in the world. Acquisitions of lighting fixture makers in France and Sweden made Thorn EMI the leader in lighting in Europe.
In October 1979, EMI merged with Thorn Electrical Industries to create Thorn EMI. [12] On 16 August 1996, Thorn EMI shareholders voted in favour of demerging Thorn from EMI again: the Company became EMI Group plc, and the electronics and rentals divisions were divested as Thorn plc .
Music. Nationality: British. Thorn EMI was a major British company involved in consumer electronics, music, defence and retail. It was created in October 1979 when THORN Electrical Industries merged with EMI to form one of the largest operating companies in the United Kingdom.
