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Chloride Group PLC
Type Public (LSE: CHLD)
Founded 1891
Headquarters London, UK
Key people Norman Broadhurst, Chairman
Tim Cobbold, CEO
Industry Power systems
Revenue £267.6 million (2008)
Operating income £33.9 million (2008)
Net income £24.6 million (2008)
Employees 1,546 (2008)
Website www.chloridegroup.com

Chloride Group (LSE: CHLD) is the UK's largest supplier of secure power systems to hospitals and other public buildings and facilities. It is a constituent of FTSE 250 index.

Contents

History

Chloride Group was founded in 1891 as The Chloride Electrical Syndicate Limited to manufacture batteries.[1] Brand names used included Ajax, Exide, Dagenite, Kathanode, Shednought and Tudor.[1]

In 1999 it diversified into secure power systems acquiring Oneac in the US, BOAR SA in Spain and Hytek in Australia. In 2000 it acquired the power protection division of Siemens in Germany and in 2001 it acquired Continuous Power International followed, in 2005, by Harath Engineering Services in the UK. In 2007 it acquired AST Electronique Services, a similar business in France.[2]

In July 2009 the Company announced the acquisition of a 90% stake in India’s leading Uninterruptible power supply company, DB Power Electronics.[3]

Operations

Chloride Group focuses on one type of business - secure power systems - so its business is organised on a geographical basis.

References

External links

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