Chloride Group
Encyclopedia
Chloride Group, a business of Emerson Network Power
, is the UK
's largest supplier of secure power systems
to hospitals and other public buildings and facilities. Formerly listed on the London Stock Exchange
and a constituent of FTSE 250 index, the company has been owned by Emerson Electric
since September 2010.
. Brand names used included Ajax, Exide, Dagenite, Kathanode, Shednought and Tudor.
In 1999 it diversified into secure power systems
acquiring Oneac in the US, BOAR SA in Spain
and Hytek in Australia
. In 2000 it acquired the power protection division of Siemens
in Germany
and in 2001 it acquired Continuous Power International followed, in 2005, by Harath Engineering Services in the UK
. In 2007 it acquired AST Electronique Services, a similar business in France
.
In July 2009 the Company announced the acquisition of a 90% stake in India
’s leading Uninterruptible power supply
company, DB Power Electronics.
In September 2010 Chloride Group was fully acquired by Emerson Electric
(joining the Emerson Network Power
platform) of the United States for US$1.5 billion,
Emerson Network Power
Emerson Network Power – a division of Emerson Electric Company – is a global technology company that specializes in the development and manufacture of power backup systems, power supplies, embedded computing solutions, precision cooling, racks/enclosures, infrastructure management, and connectivity...
, is the UK
United Kingdom
The United Kingdom of Great Britain and Northern IrelandIn the United Kingdom and Dependencies, other languages have been officially recognised as legitimate autochthonous languages under the European Charter for Regional or Minority Languages...
's largest supplier of secure power systems
Uninterruptible power supply
An uninterruptible power supply, also uninterruptible power source, UPS or battery/flywheel backup, is an electrical apparatus that provides emergency power to a load when the input power source, typically mains power, fails...
to hospitals and other public buildings and facilities. Formerly listed on the London Stock Exchange
London Stock Exchange
The London Stock Exchange is a stock exchange located in the City of London within the United Kingdom. , the Exchange had a market capitalisation of US$3.7495 trillion, making it the fourth-largest stock exchange in the world by this measurement...
and a constituent of FTSE 250 index, the company has been owned by Emerson Electric
Emerson Electric Company
Emerson Electric Company is a major multinational corporation headquartered in Ferguson, Missouri, United States. This Fortune 500 company manufactures products and provides engineering services for a wide range of industrial, commercial, and consumer markets.Emerson is one of the largest...
since September 2010.
History
Chloride Group was founded in 1891 as The Chloride Electrical Syndicate Limited to manufacture batteriesBattery (electricity)
An electrical battery is one or more electrochemical cells that convert stored chemical energy into electrical energy. Since the invention of the first battery in 1800 by Alessandro Volta and especially since the technically improved Daniell cell in 1836, batteries have become a common power...
. Brand names used included Ajax, Exide, Dagenite, Kathanode, Shednought and Tudor.
In 1999 it diversified into secure power systems
Uninterruptible power supply
An uninterruptible power supply, also uninterruptible power source, UPS or battery/flywheel backup, is an electrical apparatus that provides emergency power to a load when the input power source, typically mains power, fails...
acquiring Oneac in the US, BOAR SA in Spain
Spain
Spain , officially the Kingdom of Spain languages]] under the European Charter for Regional or Minority Languages. In each of these, Spain's official name is as follows:;;;;;;), is a country and member state of the European Union located in southwestern Europe on the Iberian Peninsula...
and Hytek in Australia
Australia
Australia , officially the Commonwealth of Australia, is a country in the Southern Hemisphere comprising the mainland of the Australian continent, the island of Tasmania, and numerous smaller islands in the Indian and Pacific Oceans. It is the world's sixth-largest country by total area...
. In 2000 it acquired the power protection division of Siemens
Siemens
Siemens may refer toSiemens, a German family name carried by generations of telecommunications industrialists, including:* Werner von Siemens , inventor, founder of Siemens AG...
in Germany
Germany
Germany , officially the Federal Republic of Germany , is a federal parliamentary republic in Europe. The country consists of 16 states while the capital and largest city is Berlin. Germany covers an area of 357,021 km2 and has a largely temperate seasonal climate...
and in 2001 it acquired Continuous Power International followed, in 2005, by Harath Engineering Services in the UK
United Kingdom
The United Kingdom of Great Britain and Northern IrelandIn the United Kingdom and Dependencies, other languages have been officially recognised as legitimate autochthonous languages under the European Charter for Regional or Minority Languages...
. In 2007 it acquired AST Electronique Services, a similar business in France
France
The French Republic , The French Republic , The French Republic , (commonly known as France , is a unitary semi-presidential republic in Western Europe with several overseas territories and islands located on other continents and in the Indian, Pacific, and Atlantic oceans. Metropolitan France...
.
In July 2009 the Company announced the acquisition of a 90% stake in India
India
India , officially the Republic of India , is a country in South Asia. It is the seventh-largest country by geographical area, the second-most populous country with over 1.2 billion people, and the most populous democracy in the world...
’s leading Uninterruptible power supply
Uninterruptible power supply
An uninterruptible power supply, also uninterruptible power source, UPS or battery/flywheel backup, is an electrical apparatus that provides emergency power to a load when the input power source, typically mains power, fails...
company, DB Power Electronics.
In September 2010 Chloride Group was fully acquired by Emerson Electric
Emerson Electric Company
Emerson Electric Company is a major multinational corporation headquartered in Ferguson, Missouri, United States. This Fortune 500 company manufactures products and provides engineering services for a wide range of industrial, commercial, and consumer markets.Emerson is one of the largest...
(joining the Emerson Network Power
Emerson Network Power
Emerson Network Power – a division of Emerson Electric Company – is a global technology company that specializes in the development and manufacture of power backup systems, power supplies, embedded computing solutions, precision cooling, racks/enclosures, infrastructure management, and connectivity...
platform) of the United States for US$1.5 billion,