Concept

Lister Petter

Résumé
Lister Petter is a British company that manufactures internal combustion engines for industry, a subsidiary of Teignmouth, England based Sleeman and Hawken. History The company was formed in 1986, after owner Hawker Siddeley Group Plc merged Dursley, Gloucestershire based R A Lister and Company (acquired in 1965), with Yeovil, Somerset based Petters Limited (acquired in 1957). In 1992, Hawker Siddeley Group Plc was acquired by BTR plc for £1.5bn. In 1999 BTR merged with Siebe to form BTR Siebe plc, which was renamed Invensys plc. In preparation, BTR sold any subsidiary operations, including Lister-Petter in 1996 to Schroders Venture Capital. In 2000, with Schroders looking to exit, the firm was bought through a £13.5M management buyout, enabled through selling the original Lister factory site to the South West Regional Development Agency. By this time, the core engine products were in demise, and the company employed around 250 people on a turnover of £35M. Cost-cutting mea
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