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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 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.
Thorn plc. Address: Thorn House. 124 Bridge Road. Chertsey, Surrey KT16 8LZ. United Kingdom. Telephone: (01932) 573 700. Fax: (01932) 573 782. Statistics: Public Company. Incorporated: 1996. Employees: 18,183. Sales: £1.25 billion (US$2.04 billion) (1998) Stock Exchanges: London NASDAQ. Ticker Symbol: THRNY.
Thorn Emi Plc. Thorn EMI House Upper Saint Martin ’ s Lane 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 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;
In 1979, despite initial resistance, Thorn acquired the struggling EMI, forming Thorn EMI plc. While concerns existed about merging vastly different companies, it signaled Thorn's ambition to expand beyond its core businesses. Restructuring and Focus: Following challenges, Thorn EMI underwent significant restructuring under various chairmen.
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 .
