Thorn Electrical Industries
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Thorn EMI was a major British company involved in consumer electronics, music, defence and retail. Created in October 1979, when Thorn Electrical Industries merged with EMI, it was listed on the London Stock Exchange and was once a constituent of the FTSE 100 Index. It demerged back to separate companies in 1996.
Defence. Music. Consumer electronics. From its formation until the mid-1990s Thorn EMI was one of the United Kingdom's largest defence companies. EMI's film division was renamed Thorn EMI Screen Entertainment.
Thorn Electrical Industries Limited was a British electrical engineering company. It was listed on the London Stock Exchange, but merged with EMI Group to form Thorn EMI in 1979. It was de-merged in 1996 and became a constituent of the FTSE 100 Index, but was acquired by the Japanese Nomura Group only two years later.
Thorn EMI was a British company that produced consumer electronics, music, defence and retail products. It was formed in 1979 by the merger of THORN and EMI, and later demerged into EMI Group and Thorn plc in 1996.
Eight months later, Thorn Electrical Industries merged with EMI Ltd. to form Thorn EMI. Sometime in the late 1980s, EMI America merged with sister label Manhattan Records, founded in 1984, becoming EMI Manhattan and eventually EMI USA when Capitol absorbed it in 1989.
Thorn Emi Plc. Thorn EMI House Upper Saint Martin ’ s Lane London WC2H 9ED England 01-836-2444. Public Company Incorporated: March 3, 1980 as a result of the merger of Thorn Electrical Industries Ltd. and EMI Ltd. Employees: 80,484 Sales: £ 3.316 billion (US$4.769 billion) Market Value: £ 1.683 billion (US$2.42 billion) Stock Index: London
The purchase gave Thorn EMI 50 percent of the rental market in the United States and made the company the largest rental company in the world. Acquisitions of lighting fixture makers in France and Sweden made Thorn EMI the leader in lighting in Europe.
