Chloride Group
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| Chloride Group PLC | |
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| Type | Public (LSE: CHLD) |
| Founded | 1891 |
| Headquarters | London, UK |
| Key people | Norman Broadhurst, Chairman Keith Hodgkinson, CEO |
| Industry | Power systems |
| Revenue | £204.4 million (2007) |
| Operating income | £22.8 million (2007) |
| Net income | £15.5 million (2007) |
| Employees | circa 1,500 (2007) |
| 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.
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[edit] 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 in the UK. In 2007 it acquired AST Electronique Services, a similar business in France.[2]
[edit] Structure
Chloride Group focuses one one type of business - secure power systems - so its business is organised on a geographical basis.
