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1970s
1980s
1990-1995
1996-1999
2000-2003
2004-2007
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Video |
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What makes the Glen Dimplex
Story unique is the sheer scale of the Group's
growth, over a relatively short time frame,
to take its place as the world leader in the
manufacture and distribution of electric heating
appliances.
The time line links (to the left) charts
the growth of the Group from small beginnings
in 1973, to the 21st Century where it continues
to grow and expand its operations throughout
the world.
View the Glen
Dimplex Group video. |
| 1970s |
| Turnover
: €30m |
 |
|
| Employees
: 900 |
 |
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November
1973, Glen Electric commences business in Newry,
Co. Down, employing ten people.
1977, Dimplex, the leading brand in the UK electrical
heating market is acquired and Glen Dimplex
is formed.
1979, Bitech Engineering commences business
in Dunleer, Co. Louth. |
| 1980s |
| Turnover
: €300m |
 |
|
| Employees
: 4000 |
 |
|
|
In
the 1980s the Dimplex business grew very rapidly
in the UK and Glen Dimplex became market leaders
in all electrical heating product categories.
In 1985, Glen Dimplex acquired three UK businesses,
Morphy Richards, the market leader in small
domestic appliances. Blanella, a manufacturer
of electric blankets and Burco Dean Appliances,
a manufacturer of products for the catering
industry. |
| 1990-1995 |
| Turnover
: €600m |
 |
|
| Employees
: 5000 |
 |
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The
1990s was the decade when Glen Dimplex expanded
outside of its Irish and UK base.
1990, we acquired KKW in Germany, the main European
electrical heating business of Siemens AG.
1991, we acquired two electrical heating businesses
in Canada - Chromalox, the market leader and
Westcan which was a subsidiary of Siemens AG.
1992, we acquired Belling, a leading brand in
the UK cooker market.
1994, we acquired Roberts Radio, the prestige
name in the UK radio market.
1995, we acquired two businesses, EIO, a German
manufacturer of floor care products and Seagoe
Technologies, a UK manufacturer of electrical
heating appliances. |
| 1996-1999 |
| Turnover
: €1.1bn |
 |
|
| Employees
: 6500 |
 |
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1996,
we acquired a significant shareholding in Muller,
the leading manufacturer of electrical heating
appliances in France.
1997, we acquired Goblin AquaVac, a leading
manufacturer of floor care products and significantly
strengthened our position in this product category
in Europe.
In 1998 and 1999, we acquired AKO and EWT, the
leading brands in the German portable electrical
heating market. We also opened sourcing offices
in Hong Kong and two in Mainland China to develop
a high quality and cost effective Asian supplier
base for the Group's worldwide operations. |
| 2000-2003 |
| Turnover
: €1.3bn |
 |
|
| Employees
: 7500 |
 |
|
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2000,
we acquired Faber, the leading Dutch manufacturer
of gas and log burning decorative fires. New
sales subsidiaries were set up in Italy, Spain
and Poland.
2001, we acquired Stoves and New World, two
leading brands in the UK cooker market.
2002, we set up a Joint Venture in China, Shenyang
Dimplex Electronics, to manufacturer storage
heaters for the rapidly growing Chinese market.
We acquired Nobo, the market leader in installed
electrical heating products in the Nordic countries,
together with Dimpco and Brownbrook, the Group's
distributors in Southern and Northern Ireland.
2003, we acquired Galaxy Showers, a manufacturer
of electric showers for the UK market and Siemens
Electrical Heating, the Norwegian and last remaining
electrical heating business of Siemens AG.
|
| 2004-2007 |
| Turnover
: €1.6bn |
 |
|
| Employees
: 8500 |
 |
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November
2004, we acquire Halstead Boilers Limited, a
UK based manufacturer of Gas Domestic Central
Heating Boilers, and set up a Joint Venture
Company in Japan - Glen Dimplex Japan - with
Globally Incorporated, a subsidiary of one of
Japan's largest House Building Groups, Matsumoto
Kenko.
February 2005, we acquire LEC Refrigeration
PLC, a UK based manufacturer and distributor
of domestic and technical refrigeration.
In January 2006 we acquired two US Industrial
Cooling businesses - Koolant Koolers and Schreiber
Engineering, followed in October 2006 with the
acquisition of New Zealand / Australian Heating
Manufacturer MetalFab Industries - now renamed
Glen Dimplex Australia Pty (in Australia) and
Glen Dimplex Australasia Limited (in New Zealand).
In October 2007, we acquire Applied Energy,
a UK based manufacturer and distributor of solutions
for heating, air, and water management to new
build, social housing, leisure, care, commercial
and industrial markets. |
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