Eley Limited was bought by IMI industries and operated within IMI until 2014 when it was brought out by an investment company backed by Lloyds TSB. Eley Limited is now located in Sutton Coldfield, Birmingham,
Last Monday, October 6th, ELEY Limited − headquarterted in Sutton Coldfield, near Birmingham, UK − announced that they have been acquired by LDC in a management buy-out backing operation worth 42 million British Pounds (around 53 million Euros, or around 67 million U.S. Dollars).
The deal saw LDC buy ELEY from their previous owners (the IMI Plc. group, formerly known as the "Imperial Metal Industries") on behalf of its existing management team, led by Management Director Andrew Lane.
For the first time since 1928 − when it was acquired by the Nobel Industries and then merged to form the Imperial Chemical Industries − ELEY is now once again an independent company, owned by its management. The transaction was completed using capital from LDC’s £500million manufacturing and specialist engineering commitment that was launched in 2011, and represents LDC’s 13th new investment of 2014, having invested over £200million of new funding, together with a further £15million of capital to support portfolio business acquisition
IMI
The Company was founded by Scottish entrepreneur George Kynoch who opened a percussion cap factory in Witton, West Midlands in 1862, trading as Kynoch.[2] The business soon diversified, manufacturing goods ranging from soap and bicycle components to non-ferrous metals, but by the early 20th century it had developed particular expertise in metallurgy.[2] After World War I it merged with Nobel Industries.[2] In 1926 the Company acquired Eley Brothers, an ammunition business.[3] The Company, by then known as Nobel Explosives, was one of the four businesses which merged in 1927 to create Imperial Chemical Industries.[2] The Witton site became the head office of ICI Metals.[2] In the 1950s the company's researchers perfected the process for producing titanium on a commercial basis.[2] In 1958 ICI Metals bought 50% of Yorkshire Imperial Metals: it acquired the other 50% four years later.[4]
Nothing about Spain .
Maxam company owns eley hawk shotgun cartridges . They are based in Madrid, Spain.