History
In 1890, the Valor Company Ltd. was formed in Birmingham for manufacturing oil-storage cabinets. Later it diversified into paraffin 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.
Read more about this topic: Yale & Valor
Famous quotes containing the word history:
“We aspire to be something more than stupid and timid chattels, pretending to read history and our Bibles, but desecrating every house and every day we breathe in.”
—Henry David Thoreau (1817–1862)
“Every generation rewrites the past. In easy times history is more or less of an ornamental art, but in times of danger we are driven to the written record by a pressing need to find answers to the riddles of today.... In times of change and danger when there is a quicksand of fear under men’s reasoning, a sense of continuity with generations gone before can stretch like a lifeline across the scary present and get us past that idiot delusion of the exceptional Now that blocks good thinking.”
—John Dos Passos (1896–1970)
“This above all makes history useful and desirable: it unfolds before our eyes a glorious record of exemplary actions.”
—Titus Livius (Livy)