Guinness Peat Group

Guinness Peat Group
Company type Public limited company
ASXGPG
LSEGPG
NZX: GPG
Industry Investments
Founded 1980s
Founder Guinness Mahon
Defunct 2015
Successor Coats
Headquarters London, England
£64 million (2014)
£9 million (2014)
Website www.coats.com

Guinness Peat Group was an investment holding company with interests in Europe, Australia and New Zealand.

History

The company, which had been formed as an investment offshoot of London based investment bank Guinness Mahon in the 1980s, was acquired by Brierley Investments in 1990. The company's shares were listed on the New Zealand Exchange (NZX) in 1991, on the London Stock Exchange (LSE) in 1992 and the Australian Securities Exchange (ASX) in 1993. In 2000, the company spearheaded a campaign to stop the London Stock Exchange from merging with Germany's Deutsche Börse.

Having disposed of its other investments, in March 2015 the company was renamed Coats Group after its remaining subsidiary.