November 9, 2004 at 8:41 am
Just one of my random thought, but I was wondering, who owned all the famous companies we know and love like Avro, Supermarines, Handley Page, etc, during the war?
Were companies still family owned, or owned by individuals in those days? Were they conglomerates? Were any owned offshore though they were British companies?
In WWII
– Did Avro still belong to Mr A.V. Roe?
– Was Vickers Supermarie owned by the Vickers family?
– Was Hawker still owned by Sir Thomas Sopwith?
– Who owned: Handley Page? Boulton Paul? Armstrong Whitworth? (weren’t they a car manufacturer connected to Vickers?); Bristol?
Were any of the major manufacturers then owned by the British Government?
By: dhfan - 10th November 2004 at 03:16
Shortly after he died the company went into liquidation. Had something to do with politics I understand.
Cees
IIRC, when the government insisted on the mass mergers, HP refused. The government said “No merger, no contracts”.
By: Dave Homewood - 9th November 2004 at 20:32
Fascinating stuff, thanks guys.
I guess that makes the Lancaster and the Hurricane cousins then 🙂
By: Papa Lima - 9th November 2004 at 19:40
A.V.Roe left the company in 1928 after selling his shares to Sir John Siddeley. In July 1935 A.V.Roe & Co. Ltd. became a subsidiary of the newly created Hawker Siddeley Aircraft Company.
Avro stayed that way until 1963, when it became the Avro-Whitworth division of Hawker Siddeley Aviation Ltd. The Avro 748 then became the HS. 748.
By: robbelc - 9th November 2004 at 19:28
Apart from the Hawker and Vickers combine most companys were ‘owned’ by their founders. But in the mid-late 30’s there were large share issues to raise capital for the forthcomming rearmamant programe.
As far as I know during WW2 this was the situation
Fairey-still run by Richard Fairey
Westland-owned by Petters, an industrial engine company
Miles- owned by the Miles brothers but Rolls-Royce had a
40odd% holding I think
Handley Page -still majourity owned and run by HP himself
Airspeed- owned by deHavillands
de Havillands -owned by the DH family
But I may be totally wrong!
By: dhfan - 9th November 2004 at 16:42
Of the big names, several were still in charge. They almost certainly had shareholders to consider but Sir TOM Sopwith controlled Hawker, the White family controlled Bristol and Geoffrey de Havilland and Frederick Handley Page still headed their respective organisations.
By: HP57 - 9th November 2004 at 16:40
AFAIK Frederick Handley Page (HP as he was called) was the director of the board until his death. During the war he was a very high profile figure and even requested the Halifax Building Society to join up for publicity. They turned it down as they were under the impression that they were putting up houses whereas HP’s Halifaxes were only interested in bringing them down.
Shortly after he died the company went into liquidation. Had something to do with politics I understand.
Hope this helps
Cheers
Cees
By: Morley - 9th November 2004 at 11:39
Avro wasn’t owned by A.V Roe by the start of World War 2. I’m not too sure how or why he disposed of his assets in AVRO but by 1920 Crossley Motors held 3/5ths of the sahres and by 1928 he had sold his shares. He then formed Saunders-Roe by buying a controlling stake in boat and aeroplane builders S.E. Saunders with John Lord. Even with Saro I’m not too sure if A.V Roe still in control during WW2 but I presume so (He died in 1970).
By: Eddie - 9th November 2004 at 09:30
Hawkers was originally owned by H.G. Hawker and TOM Sopwith, plus two others. They bought the assets of Sopwith Aviation after the company went bankrupt. I don’t know if they still owned it at the start of WW2.
Armstrong Siddeley was a car manufacturer, yes.
By: Dave Homewood - 9th November 2004 at 09:14
Wow.
So was Hawker Siddeley itself still under the ownership of Sir Thomas Sopwith’s family or was it by then a public company, owned by many share holders?
Siddeley was another car manufacturer too, wasn’t it?
By: Eddie - 9th November 2004 at 09:08
Hawker Siddeley owned:
Avro
Armstrong Whitworth
Glosters
Hawkers (duh!)
and probably a few others.
So that was the major conglomeration at the time…