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Maverick Goldsmith takes his leave

Article Abstract:

James Goldsmith was an entrepreneur who was involved in complex and daring business deals such as the acquisition of 49% of Cavenham. This deal allowed him to transfer assets to Generale Occidentale and away from the UK. He also planned a leveraged bid to acquire BAT Industries and sold Cavenham stocks to acquire Wrights and Moores, a retailer with assets that could be realized. The sale of these helped finance Goldsmith's acquisition of Bovril against competition from Rowntree Mackintosh.

Publisher: FT Business
Publication Name: Investors Chronicle
Subject: Business
ISSN: 0261-3115
Year: 1997
Management, Mergers, acquisitions and divestments, Businessmen, Goldsmith, James M.

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A lot to digest

Article Abstract:

The food industry has been hit by a number of health scares in the United Kingdom, and companies have to comply with health and hygiene regulations as well as compete and respond to consumer demand. Companies in the sector in Manchester, England, include Morland Foods and Stateside Foods. European Spectometry Systems has developed a device to detect benzene which is of use to producers of carbonated beverages. Meanwhile, there has been a growth inthe number of restaurants in the city.

Author: Brown, Arabella McIntyre
Publisher: FT Business
Publication Name: Investors Chronicle
Subject: Business
ISSN: 0261-3115
Year: 1998
England, Manchester, England

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Subjects list: Food industry
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