Transport Holding Company - Assets

Assets

The THC's assets were very varied, reflecting its role as the manager of those investments that did not fit elsewhere in the post-1962 structure of nationalised transport. There were essentially six areas of activity:

• bus companies, some part-owned with the British Electric Traction Group, later acquired by the THC,
• bus manufacturing companies (Bristol Commercial Vehicles and Eastern Coach Works)
• road haulage companies, e.g. British Road Services (BRS) and Pickfords
• shipping lines, e.g. the BTC's shares in Associated Humber Lines and the Atlantic Steam Navigation Company
• travel agents (Thomas Cook and Son, to which Lunn Poly was later added)
• miscellaneous (the BTC's shares in the Penarth Dock Engineering Company)