Yale & Valor
Encyclopedia
Yale & Valor was a company in Birmingham
that manufactured lock
s and gas fires. It was listed on the London Stock Exchange
.
and subsequently gas heaters. The company merged with the Yale Lock Company becoming Yale & Valor in 1987 and then with Myson plc in 1989. The company was listed on the London Stock Exchange
from 1989 to 1991.
The company was bought by Williams Holdings
in 1991 and subsequently spun off with the other brands to form Newmond plc in 1996.
The Valor brand is now owned by Baxi Group Ltd, (formed by the merger of Baxi Holdings Plc and Newmond plc) and the Yale Lock Company is now a subsidiary of Assa Abloy
.
Birmingham
Birmingham is a city and metropolitan borough in the West Midlands of England. It is the most populous British city outside the capital London, with a population of 1,036,900 , and lies at the heart of the West Midlands conurbation, the second most populous urban area in the United Kingdom with a...
that manufactured lock
Lock (device)
A lock is a mechanical or electronic fastening device that is released by a physical object or secret information , or combination of more than one of these....
s and gas fires. It was listed on the London Stock Exchange
London Stock Exchange
The London Stock Exchange is a stock exchange located in the City of London within the United Kingdom. , the Exchange had a market capitalisation of US$3.7495 trillion, making it the fourth-largest stock exchange in the world by this measurement...
.
History
In 1890, the Valor Company Ltd. was formed in Birmingham for manufacturing oil-storage cabinets. Later it diversified into paraffinParaffin
In chemistry, paraffin is a term that can be used synonymously with "alkane", indicating hydrocarbons with the general formula CnH2n+2. Paraffin wax refers to a mixture of alkanes that falls within the 20 ≤ n ≤ 40 range; they are found in the solid state at room temperature and begin to enter the...
and subsequently gas heaters. The company merged with the Yale Lock Company becoming Yale & Valor in 1987 and then with Myson plc in 1989. The company was listed on the London Stock Exchange
London Stock Exchange
The London Stock Exchange is a stock exchange located in the City of London within the United Kingdom. , the Exchange had a market capitalisation of US$3.7495 trillion, making it the fourth-largest stock exchange in the world by this measurement...
from 1989 to 1991.
The company was bought by Williams Holdings
Williams Holdings
Williams Holdings was a major British conglomerate. It was listed on the London Stock Exchange and was a constituent of the FTSE 100 Index.-History:...
in 1991 and subsequently spun off with the other brands to form Newmond plc in 1996.
The Valor brand is now owned by Baxi Group Ltd, (formed by the merger of Baxi Holdings Plc and Newmond plc) and the Yale Lock Company is now a subsidiary of Assa Abloy
Assa Abloy
The Assa Abloy Group is a Swedish lock manufacturer, the world's largest by sales. Assa Abloy was formed in 1994 when ASSA AB was detached from Swedish security firm Securitas AB. Shortly thereafter the Finnish high-security lock manufacturer Abloy Oy was acquired. The company was introduced to...
.