TI Group

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TI Group plc was a holding company for various specialised engineering companies. The three major divisions were John Crane International, a manufacturer of mechanical seals; Bundy Corporation, a tubing manufacturer and supplier to the refrigeration and automotive industries; and Dowty Group plc, an aerospace company. [1]

On 18 September 2000 Smiths Group announced its intention to merge with TI Group.[2] The merger was completed on 4 December. Smiths divested TI's automotive business shortly after the merger.

[edit] References

  1. ^ TI Group plc - Company History. fundinguniverse.com (1997). Retrieved on 2006-09-26.
  2. ^ "Engineering rivals to merge", BBC News, 2000-09-18. Retrieved on 2006-09-25.
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