Washington H. Soul Pattinson
Encyclopedia
Washington H. Soul Pattinson and Company Limited is an Australian investment company.
, trading as Washington H. Soul and Co. They later moved to 158-160 Pitt Street, the present head office of the company.
Lewy Pattinson
emigrated to Australia in 1881 after hearing of Soul's success and became good friends with him. They were never in competition in business, and in the early 1900s, the Souls asked Pattinson to buy their business.
As a result, Pattinson and Co, and Washington H. Soul and Co. merged to become Washington H. Soul Pattinson and Company Limited, the company named out of respect for Pattinson's friend.
The first public offering of shares was in December 1902, and Washington H. Soul Pattinson and Company Limited was listed on the Sydney Stock Exchange (now the Australian Stock Exchange) on 21 January 1903. WHSP celebrated one hundred years as a listed public company in 2002.
WHSP's main investments in subsidiaries and associated investments include:
WHSP also operates nine pharmacies in Sydney
, including two in the CBD and seven in the main Sydney metropolitan area.
WHSP also owned Orchy Fruit Juices for many years but sold it to Bevco in July 2004.
History
In 1872, Caleb Soul and his son Washington opened their first store at 177 Pitt Street, SydneyPitt Street, Sydney
Pitt Street is a major street in central Sydney, New South Wales, Australia. The street runs through the entire city centre from Circular Quay in the north to Waterloo, although today's street is in two disjointed sections after a substantial stretch of it was removed to make way for Sydney's...
, trading as Washington H. Soul and Co. They later moved to 158-160 Pitt Street, the present head office of the company.
Lewy Pattinson
Lewy Pattinson
Lewy Miall Pattinson was founder of the firm Washington H. Soul Pattinson, chemists and donor to the Royal Flying Doctor Service.-Immigration from England:...
emigrated to Australia in 1881 after hearing of Soul's success and became good friends with him. They were never in competition in business, and in the early 1900s, the Souls asked Pattinson to buy their business.
As a result, Pattinson and Co, and Washington H. Soul and Co. merged to become Washington H. Soul Pattinson and Company Limited, the company named out of respect for Pattinson's friend.
The first public offering of shares was in December 1902, and Washington H. Soul Pattinson and Company Limited was listed on the Sydney Stock Exchange (now the Australian Stock Exchange) on 21 January 1903. WHSP celebrated one hundred years as a listed public company in 2002.
Principal activities
The company's principal activities are diverse, spanning the following concerns:- ownership of shares and properties,
- coal mining,
- bulk handling,
- commercial television licensee and operator,
- program and television production,
- telecommunications carrier,
- retailing of pharmaceutical products,
- manufacture, processing and marketing of seasonings, essences, food colours, perfumes and aromatic chemicals,
- fruit juices,
- reconstitution of polyethylene film.
WHSP's main investments in subsidiaries and associated investments include:
- New Hope CoalNew Hope CoalNew Hope Coal is an Australian coal-mining and energy company. New Hope's operations include New Acland Mine, Jeebropilly Mine, New Oakleigh Mine and Queensland Bulk Handling. New Hope Coal is 61.11% owned by Washington H. Soul Pattinson....
- Brickworks LimitedBrickworks LimitedBrickworks Limited is a group of Australian companies manufacturing building products, primarily bricks and roof tiles. Brickworks was founded by a number of Sydney brick manufacturers in 1934 in response to the Great Depression...
- Australian Pharmaceutical IndustriesAustralian Pharmaceutical IndustriesAustralian Pharmaceutical Industries is a health and beauty company in Australia that is involved in pharmaceutical distribution, retailing and manufacturing. API is Australia’s largest wholesale distributor of pharmaceutical and allied products . The company is involved in retailing through...
- TPG TelecomTPG TelecomTPG Telecom is the fourth largest Australian ISP and IT company. The company was formed from the merger between Total Peripherals Group and SP Telemedia...
(27.7%) - Clover Corporation Limited
- Pitt Capital Partners
- Souls Funds Management
- Choiseul Investments
- Milton CorporationMilton CorporationMilton Corporation Limited is an Australian investment company.Milton was founded in 1938 and listed on the ASX in 1958. Milton's after-tax profit for 2008 was $122 million with net assets of $1.6 billion. Its chairman is Robert Milner. It headquarters are in Sydney, Australia....
WHSP also operates nine pharmacies in Sydney
Sydney
Sydney is the most populous city in Australia and the state capital of New South Wales. Sydney is located on Australia's south-east coast of the Tasman Sea. As of June 2010, the greater metropolitan area had an approximate population of 4.6 million people...
, including two in the CBD and seven in the main Sydney metropolitan area.
WHSP also owned Orchy Fruit Juices for many years but sold it to Bevco in July 2004.
Board of directors
- Robert MillnerRobert MillnerRobert Dobson Millner is an Australian corporate executive. He is head of many large Australian organisations including chairman of Washington H. Soul Pattinson, New Hope Coal, Brickworks Limited, Choiseul Investments and NBN Television....
- Chairman - Michael J. Millner - Non-Executive DirectorNon-executive directorA non-executive director or outside director is a member of the board of directors of a company who does not form part of the executive management team. He or she is not an employee of the company or affiliated with it in any other way...
and Deputy Chairman - Peter R. Robinson - Executive DirectorExecutive directorExecutive director is a term sometimes applied to the chief executive officer or managing director of an organization, company, or corporation. It is widely used in North American non-profit organizations, though in recent decades many U.S. nonprofits have adopted the title "President/CEO"...
- Graeme L. Robertson - Non-Executive Director
- David J. Fairfull - Non-Executive Director