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