Coats Group

Coats Group plc
Public limited company
Traded as LSE: COA
ASX: CGW
NZX: COA
Industry Investments
Headquarters London, United Kingdom
Key people
Mike Clasper (Chairman)
Website www.coats.com

Coats Group plc, formerly Guinness Peat Group, is an investment holding company with interests in Europe, Australia and New Zealand.

History

The company, which had been formed as an investment offshoot of the London-based investment bank Guinness Mahon in the 1980s, was acquired by Brierley Investments Limited (a business controlled by Sir Ron Brierley) in 1990.[1] The company's shares were listed on the New Zealand Stock Exchange in 1991, on the London Stock Exchange in 1992 and the Australian Stock Exchange in 1993.[2]

Investments

It mainly holds minority investments in various businesses and in 2004 also acquired 100% of Coats, a British thread manufacturing business.[1]

References