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;:. · 4\!- ./). ··i:-:� 1"1 �­ Opera Mundi '!>. "'·· \ ElfBOP � )' j �-·. ,. . if'\ �' .. . ______A WEEKLY REPORT ON THE ECONOMY OF THE COMMON MARKET -;:;- (;;;/ o.·o.·.o.·. o.-o.o..<,._' ".-1 CONTENTS OQ00(>0-,()0,0Q,O 0000 000 0 O ------·.,o.� � .---'-·-�--..:..:.·-- --���---.;..----..:------:....:..;.�-�-----� .. - ·.;.. ·- ·--. ------· ..... - . ·---.· -- . ··1 0 I f l d SUMMARY OF EUROFLASHES January 1 - July 1, 1964

INTRODUCTION page II

BELGIUM-LUXEMBOURG I Inside the Community page 1 II Outside the Community page 20

FRANCE I Inside the Community page 21 II Outside the Community page 44

GERMANY I Inside the Community page 48 II Outside the Community page 66

ITALY I Inside the Community page 72 II Outside the Community page 85

NETHERLANDS I Inside the Community page 87 II Outside the Community page 99 .... SWITZERLAND •, _.,, . ,... page 101 � ,,_ .. \�1'> INDEX ·. page 105

EURO FLASH: Busine.fl.'i penetration Hero.fl.fl Europe

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© THE TIMES PUBLISHING Printed and Published by THE TIMES PUBLISHING COMPANY LTD., at Printing C COMPANY LIMITED, 1964 House Square, in the Parish of St. Andrew-by-the-Wardrobe with St. Ann, Blackfriars, in the City of London, E.C.4, England. I

OPERA MUND! - EUROPE

SU MMARY OF EUROFLA SHES

January 1 to July l, 1964

January, 1965 No. Sl II

INTRODUCTION

This is the first in a series of six-monthly summaries of business interpene­ tration in the Common Market recorded in Opera Mundi - Europe during the first half of 1964 (Euroflash sections of Nos. 233 - 258 inclusive). It is not a digest of the "contents" published every week at the beginning of the Euroflash section, but fresh work summing up the activities in each of the member countries in the Common Market, by the main branches of the economy. In this way, the reader can immed­ iately appreciate the main purport of the transactions, and will have an easily under­ standable record of the most important interpenetration operations in Europe in a given section over the six-month period. This is the first time such a record has become available.

If he is more interested in a particular company or group, he can turn to the alphabetic index at the end in order to find out if it has been involved in the period concerned, and he will then find a short description in the summary, which will in turn serve to refer him to the O. M. -E. numbers themselves if he wishes to look up the details.

Several different methods of classification would have been possible; we have chosen the one which corresponds most closely to the aims of Opera Mundi - Europe, and have arranged the items geographically. The establishment of a wide market depends on interpenetration from country to country even more than it does from industry to industry. Thus this volume has been divided into five parts, each pre­ ceded by its own table of contents: Belgium-Luxembourg, France, West Germany, Italy, and the Netherlands. Each "country" is divided into two chapters, one dealing with operations within the Community, (that is, within the country), the other deal­ ing with operations emanating from the country, but taking place outside the Community.

For instance, a Franco-German link-up resulting in a new company in France is listed in the first chapter under "France"; an Italian company forming a subsid­ iary in Belgium would appear in the first chapter of "Belgium-Luxembourg". If, on the other hand, a German firm sets up a subsidiary in Britain, this would appear in the second chapter of "West Germany", and an association between Italians and Luxembourgers, resulting in an American company being formed, would come both in the second chapter of "Italy" and in the second chapter of "Belgium-Luxembourg". Within each chapter we have classified the items by industries, and we have kept as closely as possible to the usual Euroflash classification; anything which does not fall under these headings or is too rare to justify a special heading of its own has been classified under "Various". Within each branch we have followed this order:

Opera Mundi - Europe No. Sl III

1 - industrial, commercial or financial grouping; 2 - partial or complete acquis­ ition; 3 - formation of manufacturing or financial subsidiaries; 4 - formation of sales subsidiaries or branches; 5 - trade and agency agreements; 6 - industrial and licensing agreements.

Each item is followed by two figures giving the issue and page number of Opera Mundi - Europe where it is more fully described. The letter F before the reference number signifies the French editions, to which the reader should refer for news items published before the English edition of Opera Mundi - Europe was started in March, 1964. (Very occasionally items have appeared in the French edition alone, and the reader will then find the reference number preceded by F also; the publishers will supply copies of these items in full, should readers need them). There is an additional section covering Switzerland because it holds a special place for capital investment in Europe, for many holding and financial companies and manufacturing or sales subsidiaries have been formed there by companies from outside the Common Market. Very often these formations lead on to operations in the Common Market, so it has seemed desirable to refer at any rate to the most important.

We hope our readers will find this summary helpful and that they will inform us of any changes or improvements they consider useful.

Opera Mundi - Europe No. Sl Belgium -Luxembourg 1

I OPERATIO NS INSIDE THE COMMUNITY

Page

ADVERTISING 3

AERONAUTICAL & SPACE ENGINEERING 3

AUTOMOBILES, CYCLES & ACCESSORIES 3

BANKING 4

BUILDING 4 Building Finance Building Material Property Development

CHEMICALS 6

CONTROL, MEASUREMENT & AUTOMATION 6

COSMETICS & TOILETRIES 7

ELECTRICAL ENGINEERING 7 Electrical Equipment Sound, Radio & TV

ELECTRONICS 8

ENGINEERING 8

FINANCE 8

FOOD & DRINK 10

HEATING 11

INSURANCE 11

MANAGEMENT CONSULTANTS 11

Opera Mundi - Europe No . S 1 2

Belgium -Luxembourg Page

NEERING 12 MECHANICAL ENGI Light Heavy Precision ery Agricultural Machin 13 EEL METALLURGY & ST 13 FIC INSTRUMENTS MEDICAL & SCIENTI 14 RIES MOTORS & ACCESSO 14 OFFICE MACHINERY 14 OIL & GAS 15 PACKAGING & PAPER 15 PHARMACEUTICALS 16 PLASTICS & RUBBER 16 TEXTILES 17 TOBACCO 17 TOURISM 17 TRADE 18 TRANSPORT 18 VARIOUS

ITY 20 TSIDE THE COMMUN 11 OPERATIONS OU

No . S 1 Opera Mundi - Europe Belgium - Luxembourg 3

I - OPE RATI O NS INSIDE THE COMMUNITY

I ADVERTISING I

COMPTON of America takes a minority The Brussels advertising agents PLUS become shareholding in PUBLI-SYNTHESE of representatives for the Swiss agency Brussels, which is under Franco-Belgian H. Wm. BERNHARDT. F243/26 controL 255/19 and 257/26 The American group YOUNG & RUBICAM Th e Swiss advertising and marketing firm forms its sixth unit in Europe, in Brussels. INTER TEST sets up a subsidiary in 258/22 Luxembourg. 258/22

BUREAU VAN MAANEN formed in Brussels by associated Belgo-Dutch interests. F236/29

I AERONAUTICAL & SPACE ENGINEERING I

AEROJET GENERAL, American specialists ACEC of Charleroi joins the American com­ in fuel and engines for missiles, liquidate pany GENERAL DYNAMICS to form a company their Luxembourg holding company. 257/34 for all fields of air and space engineering, F235/21

I AUTOMOBILES, CYCLES & ACCESSORIES

BAUME-MARPENT & THIRION of Belgium As part of BMC 's reorganization of its assembly increases its interest in a Nivelle company network in Benelux the Dutch firm R .S. STOK­ assembling "Morris", "Volga", "Schaldis", VIS gains control of SOGIDA of Brussels, etc, cars . 24 7 /21 249/20

A Liege company hands over its minority MAGI-BEL of Antwerp, the sole representative shareholding in the Belgian car accessories of the German group KLOECKNER-HUMBOLDT­ company GABRIEL EUROPE to the American DEUTZ, builds a second assembly works. group MAREMONT. 354/23 F233/19

The French group REGIE RENAULT forms The Swedish car manufacturers VOLVO form its fourth Belgian sales subsidiary at a manufacturing subsidiary at Alsenberg in Anderlecht. 249/21 Belgium, F235/18

Three Soviet companies exporting automobile and agricultural equipment and machines join BAT of Brussels to form the first Belgian company under Russian control. 251/17 Opera Mundi - Europe No . S 1 Belgium- Luxembourg 4 I BANKING I

The BANQUE LAMBERT Scs of Brussels A group led by two Belgian banks takes an increases its capital by 25% in two stages. important shareholding in the BANQUE JULES F235/24 JOIRE, Brussels. 250/25

The French groups UNION DES MINES - LA INTERNATIONAL BANK OF WASHINGTON HENIN and WORMS increase their shareholding plans to set up a subsidiary at Ghent (F238/22) in the Antwerp bank KREGLINGER. 258/27 and finally does so. 254/24

BANQUE COPINE of Namur increases its capital . F236/23

I BUILDING I CONSTRUCTIONS INDUSTRIELLES & COM­ ESCH-IBE is formed in Luxembourg by Swiss MERCIALES of Brussels, a 50-50 subsidiary interests to build prefabricated houses. of the Belgian groups BRUFINA and BLA TON, F240/21 increases its capital to Bf 7 million. F235/19

OMNIA DECKEN of Wiesbaden forms OMNIA LIMBURG in Belgium to manufacture and sell prefabricated parts, particularly the German parent company's "Omnia" roof vaulting. F243/18

FINANCE

A property subsidiary of the British group GERO IMMOBILIERE, a holding company, is ARTHUR GUINNESS increases its interest in formed in Luxembourg, and controlled by the Luxembourg property holding company Italian interests. 245/27 IMEUROPE, which is under British control. 256/23

A sub-subsidiary in Luxembourg of the The Belgian financial groups CIE D'OUTRE­ Belgian group KREDIETBANK forms a proper­ MER and COFININDUS join Italian interests ty holding company. 24 7/21 to form a subsidiary in Milan to finance holiday centres in Italy. 250/21

TECHNICAL STUDIES of USA forms a TOURINVEST, a holding company for invest­ holding company in Luxembourg, CONSTRUC­ ment in the tourist industry, is formed in TION CAPITAL. 258/27 Luxembourg. It is under Belgian -Dutch con- trol, and shares are held by Dutch, German, French, Swiss and Spanish banks. 258/35

Opera Mundi - Europe No . S 1 Belgium -Luxembourg 5

INTERNATIONAL BANK OF WASHINGTON forms a property finance company, EUROPEAN REAL ESTATE CO, at Ghent. F243/24

BUILDING MATERIALS

LITHOBETON takes over two other Belgian MOSABRIK of Brussels (building materials) companies in the building materials industry. comes under 50% control of INTER FOR. F234/20 F237/15

US GYPSUM of America takes a direct share­ CIE COMMERCIALE DES PANNEAUX, of hold' ing in the Belgian manufacturer of plaster Ixelles-Brussels, increases its capital, and and binding materials, GYPROC BENELUX, BELGE ISOLEX increases its shareholding. which is controlled by Belgian and British F237/16 companies. 248/20

PICUS BELGE of Brussels, a company of TOMO TRADING, the British manufacturer of Dutch origin, changes its name and sets up a lining boards, joins its subsidiaries on the subsidiary to manufacture building material Continent to form a holding company in (particularly in wood). F237/16 Luxembourg. 250/21

The Dutch group "Van den Akker" forms a The Dutch group VAN NEERBOS (manufacture, holding company and a company for metallur­ transport and sale of building materials) forms gical, cement and plastic processing, both at a sales subsidiary at Deurne-Antwerp. Overpelt, Brussels. F239 /25 F241/18

A. P. GREEN FIRE BRICK CO of USA (refractory materials) opens a branch in Brussels. F241/29

PROPERTY DEVELOPMENT & MANAGEMENT

FINANCIERE GENERALE BELGE helps to The Belgian groups BLA TON and PLOUVIER form PROMOTION GENERALE IMMOBILIERE form IMMOBILIERE DE LA HULPE at EN EUROPE at Brussels (property purchase, Brussels; they are partly owned by the allotment and sale). F241/19 Geneva bank PICTET & CIE. F240/21

IMMOBILIERE DES VENNES is formed at The American property development company Liege by 27 Belgian insurance, finance and DANIEL CONSTRUCTION opens a branch at civil engineering, etc, companies. F242/20 Brussels. 247/21

Opera Mundi - Europe No . S1 Belgium -Luxembourg 6

I CHEMICALS I

Merger between SADACI of Brussels and its USINES DE CONINCK of Antwerp, which is subsidiary at Langerbrugge (ferro-cyanides, associated with the American group PITTS­ cyanamids, etc) from which it has taken over BURGH PLATE GLASS takes over another control of BELGE DE L'AZOTE. 251/18 paint and varnish company in Belgium. 252/20

GEVAER T-AGF A formed as a result of the LA CARBONIQUE BELGE takes majority con­ merger of the two photochemical companies trol of ANTWERPE CHEMISCHE BEDRIJVEN. GEVAERT of Belgium and AGFA of Germany. F234/21 F240/30

WITCO CHEMICAL CO of USA gains control Changes in the board of directors of the Belgian of PRODUITS SYNTHETIQUES ADJUBEL of company NEERLANDAISE DE L'AZOTE as a Belgium (chemical additives, and surface­ result of the 25% shareholding taken by ICI. active products). F242/21 244/23

CE .PE .DE - CELLULOSE, POLYMERES & BELGE DE L'AZOTE increases the capital of DERIVES of Brussels, a company controlled its subsidiary "TENSIA" to Bf 42. 5 million. by Franco-Belgian capital, manufacturing F234/20 cellulose and polymers goes into liquidation. 2.51/23

The American group ETHYL forms a manu - The German manufacturer of paint, varnish and facturing subsidiary at Brussels, in order to plastics, DR. KURT HERBERTS forms a sales build a factory in the Common Market for subsidiary in Brussels. F239/18 lead tetraethyl. 257/29

The Dutch chemical group VAN DER GRIN­ Changes in the capital of SOCOPOUDRE of TEN forms a sales subsidiary in Brussels. Liege. F241/20 255/27

I CONTROL, MEASUREMENT & AUTOMATION I

MANURHIN of France takes an important G. H. ENDRESS & CO (guiding instruments) shareholding in the Luxembourg holding com - of Switzerland increases the capital of its pany of the British group ELLIOTT AUTOMA­ Belgian subsidiary. F237/21 TION, and hands over to it the control of two companies for electronic control and regula­ tion, at Paris and Mulhouse. 252/23

PROCONTROL, the French automatic equip­ The Belgian company ETS P. VAN BATTEL ment manufacturers, open sales offices in is appointed representative for Belgium and Brussels. 250/20 Luxembourg for the British company EVER­ SHED & VIGNOLES (electronic control and measuring equipment). F243/22 Opera Mundi - Europe No . S 1 7 Belgium - Luxembourg

I COSMETICS & TOILETRIES

The Dutch group KON. DOBBELMAN (phar­ ATOM DISSOL BENELUX is formed at Liege maceuticals and perfumed goods) opens a by Swiss interests to sell surface-active branch in Brussels. F235/20 detergents. 24 7/22

The Italian polish company SUTTER sets up a sales subsidiary in Brussels. 251/18

I ELECTRICAL ENGINEERING

ELECTRICAL EQUIPMENT

TELEFONBAU & NORMALZEIT LEHNER, The American group WESTINGHOUSE E LEC­ the German telephone and remote control TRIC strengthens its control over the subsi - company, takes 30% in TEGEHO NOVA in diary in Belgium which it owns jointly with Belgium. F238/18 ATELIERS JASPAR. 244/25

The Belgian sales subsidiary of the Danish MORE LISSE is formed in Belgium by Dutch resistance manufacturer VITHROM, itself interests to manufacture equipment for controlled by American interests, goes into electric motors . F239 / l 9 liquidation. 252/23

The American company KSM PRODUCTS joins local interests to form a company in Brussels to distribute and manufacture its welding and fixing equipment, transformers, etc. F241/21 and F242/23

SOUND, RADIO & TELEVISION

PHILIPS of the Netherlands takes a 40% inter­ SNI of Brussels takes minority shares in est in CIE BELGE DE RADIO & DE TELE­ FABELDIS, which manufactures gramophone VISION, of Bruges. F239/20 records at Molenbeek. F248/28

DAVOII KRUNDAAL BENELUX is formed The American group AMPEX (all kinds of re­ in Belgium by Italian and Belgian capital, to cording and sound reproduction equipment) sell radio and television sets, gramophones, forms a manufacturing subsidiary in Brussels. etc. F235/21 F233/24

Opera Mundi - Europe No . S1 Belgium -Luxembourg 8

I ELECTRONICS I

INTERNATIONAL SAMSON of Seilles comes AMPHENOL-BORG, the American electronic under the control of a new subsidiary formed components groups, forms its second Common jointly by the British electronic company Market manufacturing subsidiary at St. Niklaas - BOOKER BROS and the American electronic Waas. 245/29 company BOWMAR INSTRUMENT. 249/23

LITTON INDUSTRIES of USA sets up another The German company ZUSE (relays, etc,) subsidiary in Brussels to sell electrical and forms a sales subsidiary in Brussels. electronic machinery and equipment. 245/29 F239/24

I ENGINEERING I The engineering research company PIERRE L'AIR LIQUIDE of France forms an engineering GENICOT of Brussels is taken over by another subsidiary at Liege for large consumers of Belgian subsidiary of a British group. 249 /24 industrial oxygen. 253/21 I FINANCE I COMINIERE, a member of the NAGELMAKERS CHARBONNAGES DE MARIEMONT-BASCOUP, group of Liege, takes over two investment com­ of Mariemont, an investment company in the panies at Brussels, 254/24 BRUFINA group, goes into liquidation, F235/26

STE BELGE DE BANQUE takes shares in the As a result of the bankruptcy of the HUGO French investment analysts EURO FINANCE, STINNES oHG group, the Brussels subsidiary 247/23 of its Swiss holding company at Glarus goes into liquidation, 249 /24

The German and Austrian companies of the The BANQUE INTERNATIONALE A LUXEM­ ETERNIT group become minority shareholders BOURG (which plans to triple its capital to in TEAM, a holding company formed in Luxem­ Lf 180 million) backs seven new holding com - bourg by the group in association with JOHNS­ parries, four of them on behalf of Swiss MANVILLE of USA and TURNER & NEWALL interests. F233/25 and 238/23 of Britain. 256/21

The finance company SOVAC-MAROC, a subsi­ The London bank SAMUEL MONTAGU backs diary of SOVAC of France, moves to Luxem­ LUFRA TRUST SA HOLDING in Luxembourg. bourg and changes its name to SOV ACLUX. F237/22 F233/25

PARGELUX HOLDING is formed in Luxembourg BANQUE INTERNATIONALE A LUXEMBOURG by Panamanian interests, F239/25 backs the holding company CROIX DU SUD. F242/26

Opera Mundi - Europe No, SI Belgium - Luxembourg 9

The ex-owners of the German plastic foam The Luxembourg bank CREGELUX backs STE manufacturing company DR. W. SCHEER - FINANCIERE PRIVEE at Luxembourg (loans, MESSER form a holding company in Luxem - stockbroking, etc), F238/23 bourg, BETHA-FINANCEMENT. F238/22

Nineteen banks from the Common Market, BERLINER HANDELSGES. finances the expan­ Switzerland, Spain, Britain and the United sion of its Luxembourg subsidiary FINANCIERE States join to form EUROPEAN ENTREPRISES NIDDA . F239 /25 DEVELOPMENT - EEO in Luxembourg, a finance company mainly for technical expansion. F239/24

The Swiss bank HENTSCH & CIE forms GREA HOLDING is formed in Luxembourg by SATOR SA HOLDING in Luxembourg. six large finance companies, from France, F239/25 Germany, Italy, the Netherlands and Switzer­ land. F240/26

SAMUEL MONTAGU & CO increases the SAMUEL MONTAGU & CO forms ANVISE capital of its Luxembourg subsidiary MONT­ SAH, a holding company, in Luxembourg, HOLDING. F241/25 through its Swiss interests. 244/26

LUXINVEST, a holding company, is formed in CIE FRANCO-BELGE D'INVESTISSEMENTS is Luxembourg by the BANK LEUMI-LE ISRAEL formed in Brussels by the Belgian group BM of Tel-Aviv. 245/30 EMPAIN. 245/33

The Belgian group KREDIETBANK forms a new IDICO is formed in Luxembourg by Swiss (DAN holding company in Luxembourg. 247 /21 of Basle and MAFI TRUST of Geneva) and Luxembourg interests . 249 /25

STE INTERNATIONALE DE GESTION, a The New York brokers HARRIMAN RIPLEY & holding company, is formed in Luxembourg by CO form a subsidiary in Luxembourg. Swiss interests. 250/24 F253/26

EUROTRANSPORT, a property and tourist A Diisseldorf trustee company, COMMON investment company, is formed in Luxembourg MARKET ACCOUNTANTS & AUDITORS, joins by American interests, through a Swiss Belgian, Italian and French companies to form holding company. 254/24 a subsidiary in Brussels. 248/19

CREDIT EUROPEEN of Luxembourg, which The FIRST MANHATTAN CO, a new firm of is controlled by the INTERNATIONAL BANK, New York brokers, opens a branch in Brussels. of Washington, forms a finance subsidiary. 258/27 256/24

Opera Mundi - Europe No . S1 Belgium-Luxembourg 10

LEASING

The French company ALGECO - ALLIANCE ALCO-APPLIANCES LEASING is formed at & GESTION COMMERCIALE changes its Antwerp by Be]gian interests. 246/27 Belgian branch into a subsidiary (hire of mecha - nical-handling and transport equipment) . F240/27

I FOOD & DRINK I

CIE DES PRODUITS LACSOONS, itself a Bel - BRASSERIE ARTOIS of Louvain takes over gian subsidiary of the American group BEAT­ GRANDE BRASSERIE BOURGEOIS of Tournai, RICE FOODS, takes over its own two local F235/25 subsidiaries. F233/26

The Belgian subsidiary of the French group HUILERIE D'USUMBURA takes over STE FROMAGERIES BEL takes over its own subsi­ COTONNIERE DU KATANGA. F242/31 diary FROMAGERIE BELGE. F236/24

The American group GORTON takes a large The Belgian biscuit and chocolate manufacturing sharclJ.olding in the Ostend subsidiary of the company VICTORIA is taken over by the STE GENERALE DE BELGIQUE which pro­ Brussels brewing group UNIBRA. 254/25 cesses sea-foods. 253/24 and 25

The soft drinks and spirits firm SHOWERINGS ARTIC (frozen foods) increases its capital by VINES PRODUCTS & WHITEWA YS is the Bf 6 to Bf 175 million. F236/24 fourth British company to set up a manufacturing unit at Malines. F235/24

A Belgian group builds a large canning factory The Dutch distillers ERVEN LUCAS BOLS at Bree, with the financial support of SNI. organizes their sales interests in Belgium. 247/24 F240/27

The French biscuit company GRINGOIRE, The British brewing company JOHN SMITH'S which is under American control, changes its TADCASTER joins with its distributor at Tournai branch into a subsidiary company. Mechelen to form a sales subsidiary in 252/25 Brussels. 256/25

The American group GLIDDEN CO appoints The UNILEVER group expands its foodstuffs EURO PRODUCTS (the Belgian subsidiary of subsidiary in Belgium, OLA (F238/24) and then MONMOUTH-LEE of New York) to package merges it with its second foodstuffs subsidiary and sell its "Durkee" preserved foods. and changes its name to IGLO-OLA. 258/23 249/25

Opera Mundi - Europe No . S 1 11 Belgium -Luxembourg

HEATING, VENTILATION, REFRIGERATION, AIR-CONDITIONING

THE RAMTITE CO-EUROPE is formed by The American group STEWART-WARNER American, French and Belgian interests. builds a factory in the Borinage area for heat F237 /27 exchangers. 256/27

CIE DES FREINS & SIGNAUX WESTINGHOUSE The Dutch firm F. W. BRAA T (heating , of Paris takes a 40% interest in !GEA which is refrigeration, insulation, etc) forms a sales formed at Brussels to sell and install industrial subsidiary at Hasselt, in association with and domestic heating, ventilation, etc, equip­ local interests. 250/27 ment. F240/23

I INSURANCE l

The Swiss group WINTERTHUR gains control The Belgian investment company ALGEMENE of the Brussels insurance company UNION & FINANCIERE forms an insurance company at PREVOYANCE. 256/25 Antwerp. 256/25

The Swedish marine insurance company SJOE­ The French company EUROP ASSISTANCE, FOERSAEKRING A/B AGIR appoints an Ant­ specializing in automobile insurance, opens werp company as its general representative offices in Brussels. 251/21 for the Common Market. F234/19

I MANAGEMENT CONSULTANTS I

The Belgian management firm DOCUMENTA­ The British firm of consulting engineers TION TECHNIQUE EUROPEENNE, of Cana­ ORWICK, ORR & PARTNERS, changes its dian origin, obtains new shareholders in Brussels branch into a subsidiary company. Belgium. F248/27 240/32

A company for finance, accounting and mana­ BENELUX SURVEY is formed in Brussels by gement, COMMON MARKET ACCOUNTANTS American and French interests . It will be a & AUDITORS, is formed at Brussels by local firm of organizational consultants. 251/27 interests associated with French, Italian and German companies. 248/29

AGRICONSU LT is formed in Luxembourg to act as farming consultants, with a Swedish minority interest. 256/32

Opera Mundi - Europe No . S1 Belgium -Luxembourg 12

MECHANICAL ENGINEERING

LIGHT ENGINEERING

The Belgian group EVENCE COPPEE streng­ DYMO INDUSTRIES, of America (labelling thens its interests in a Franco-Belgian com­ machines) forms a sales subsidiary in pany at Tournai manufacturing haulage and Brussels. F235/22 mechanical-handling equipment. 24 7/26

The American group WORTHINGTON (com­ PERMO, the French filtering equipment firm pressors, motor-pumps, etc) sets up a subsi­ controlled indirectly by Belgian interests, diary in Brussels. 252/27 forms a sales subsidiary in Brussels. 252/27

HEAVY ENGINEERING

TRACTEUROP, which was controlled by The Brussels development company SODECOM Italian, Belgian arid Luxembourg capital, forms a mechanical engineering subsidiary at goes into liquidation. F241/24 Liege, SEPAC. F234/23

The American civil engineering equipment USINES RAGHENO of Malines have obtained manufacturer LE TOURNEAU-WESTING­ the French licence to manufacture "Titan" HOUSE forms a production subsidiary in Bel - trailers and sell them in Belgium. 252/19 gium, in association with a Belgian group. F243/21

PRECISION ENGINEERING

The British group GEORGE SALTER & CO VERAMETRIC is formed at Uccle, Brussels, joins the Dutch group VAN BERKEL 'S by associated Dutch and British interests, to PATENT to form a company in Belgium for make weighing machines. F239/20 scales and weighing machines. F237 /19

TERRAILLON-BENELUX is formed in The Dutch group VAN BERKEL forms Brussels by Swiss interests, to sell household another subsidiary in Belgium to specialize in scales. 24 7/26 precision photo-mechanics. 253/28

AGRICULTURAL MACHINERY

LEON CLAEYS, the leading Belgian manu­ FREUDENDHAL, the Danish agricultural facturer of combine harvesters, comes under machinery firm, forms a sales and maintenance American control. 248/19 subsidiary in Brussels. F239 /21

Opera Mundi - Europe No . S 1 Belgium- Luxembourg 13

I MEDICAL & SCIENTIFIC INSTRUMENTS I

The investment company INTERFOR reorga - The American company OPTIC TECHNOLOGY nizes its interests in the medical and hospital acquires a 30% interest in STE BELGE D'OP­ equipment business. F239 /29 TIQUE & D'INSTRUMENTS DE PRECISION of Ghent , in return for various patents for the manufacture of optical instruments. F235/26

I METALLURGY & STEEL I

Negotiations for a merger between the Belgian The Belgian subsidiary of the British group metallurgical and mechanical engineering FAIREY takes control of ATELIERS R. LAU­ firms TRAINS A ROUES and BAUME MAR­ RENT of Vilvorde (metallurgical sinter). PENT & THIRION, 258/31 249/27

The Swedish group TGO takes over control A subsidiary of the British group DE LA RUE of the Belgian cistern manufacturers (gas burners) takes over its distributor in GRAVER, from the Canadian subsidiary of Belgium. F251/23 an American group. 250/28

CABCORD of Belgium forms CORDERIES The German electro-metallurgical group J.B. LIGNY at Gilly. It is the second HANNING ELEKTRO-WERKE forms a subsi­ cable-manufacturing company with this name. diary in Brussels for metallurgical processing F234/26 and dealing. F239/26

GRIFFINOR is formed in Brussels by Portu­ The Dutch metallurgical group "DE GLOBE" guese interests for metallurgical and mineral forms a processing subsidiary at Overrijsel. processing. F240/28 F239/27

Two American steel groups, ARMCO STEEL ESPERANCE-LONGDOZ and its new French and PITTSBURGH STEEL form a joint sub­ associate PUM (a member of the ROUSSEAU sidiary in Belgium to build and run a cold­ group - 245/29) form an oxygen cutting company rolled thin sheet steel factory. 244/30 and at Liege , OXYBEL, 258/31 255/32

The Belgian metallurgical company SOME­ New expansion programme of the manufacturing TOX, controlled by Italian and British subsidiary of the Canadian group ALCAN­ interests , increases its capital. 244/30 ALUMINIUM, at Raeren, Verviers. 257/26

COCKERILL-OUGREE of Belgium and OHIO The Liege metallurgical company PHENIX­ STEEL of USA form a joint company for WORKS, controlled by French and Belgian cold-rolled cylinders (252/28) to be produced interests, forms a subsidiary to promote its at St. Lambert, Seraing. 257/32 sales abroad. 252/28

Opera Mundi - Europe No . S1 Belgium-Luxembourg 14

COMPTOIR METALLURGIQUE EUROPEEN A British magnesium manufacturer belonging to (an exchange agency for surplus ECSC steel) the TUBE INVESTMENTS group opens a branch expands further. F238/24 in Brussels. 247/27

The American group BUTLER MANUFAC­ TURING forms a subsidiary in Brussels to sell vats, silos, open sheds and cisterns . 257/33

I MOTORS & ACCESSORIES I

ETS VERMEIRE of Belgium takes over the FA WICK CORP, of America (gear equipment 1 Brussels company BELTING CO, which and brake-drums) forms a manufacturing sub­ I specializes in transmission equipment. sidiary at Rosendaal. F233/19 F234/23

ARO-CORP, the American manufacturer of The American group BORG-WARNER opens a engine equipment, forms a sales subsidiary branch in Brussels, through its British subsi­ in Brussels. 251/23 diary, to sell bearings and gears . 244/29 I OFFICE MACHINERY I THOMAS COLLATO RS of USA ( office mecha - VOSS of Wuppertal, manufacturers of type­ nization) forms its second manufacturing writers, join STE GENERALE DE BELGIQUE subsidiary, in Brussels. 248/28 to form their second Belgian subsidiary. 248/25

READ EX INTERNATIONAL is formed in Belgium by American capital to sell office equipment. F240/28

I OIL & GAS

PIC, which was acquired by the UGP group in The French group "Truptil" takes a shareholding 1963, takes over another sales company in the in the Antwerp refinery ALBATROS, in which group. 253/29 SUEZ of Paris and PICTET of Geneva increase their interests. 248/26

SOGETROL of Belgium increases its interests The French oil company COPAREX gains con­ in oil sales. F236/28 trol of GROUPEMENT DES IMPORTATIONS INDEPENDANTS DES PRODUITS DU PETROLE, of Brussels . F24 l/27

Opera Mundi - Europe No . S1 Belgium -Luxembourg 15

PETROCHIM, of Belgium, in which the The German oil distribution group ARAL American group PHILLIPS PETROLEUM now changes its Luxembourg subsidiary into ARAL has an equal share alongside PETROFINA, LUXEMBOURG and increases its capital almost extends its plant at Antwerp. 245/34 ten-fold. F235/27

STE EUROPEENNE DES CARBURANTS, a The German oil sales group ARAL AG forms sales company associated with the American a subsidiary at St. Gilles, Brussels, to com- CONOCO group, plans to erect a large depot bine its Belgian interests. F235/27 in Luxembourg. F235/27

The Antwerp finance company INVESTCO forms PROPAANTANK, a company to sell, transport, replenish and stock oil and gas . F238/25

I PAPER & PACKAGING

The American group SCOTT PAPER takes New distribution of the capital of L 'UNION DES over the shareholding in SCOTT CONTINEN­ PAPETERIES of Belgium. F234/26 TAL of Belgium from its British associate. 256/29

The American firm PAPERCRAFT CORP The Dutch paper and cardboard firm VAN (adhesive and packaging paper) sets up a sales RIJMENAM forms a sales subsidiary in subsidiary in Brussels. F240/29 Brussels. F243/25

ST. REGIS PAPER of USA opens a branch of Strengthening of industrial and commercial its international sales division, in Brussels. links between the packaging firms THOMASSEN 255/34 & DRIJVER of Holland and SOBEMI of Belgium 254/28

I PHARMACEUTICALS j

The American chemical-pharmaceutical group The Swiss pharmaceutical group SANDOZ MERCK opens a branch in Brussels to co­ increases the capital of its Belgian subsidiary, ordinate its investment. F233/28 F233/27

The Dutch laboratories DAGRA-PHARMACEU­ The Italian chemical-pharmaceutical company TISCHE & CHEMISCHE FABRIEK form a PIERREL forms a holding company in Luxem- sales subsidiary in Belgium. F235/28 bourg. 244/32

LABORATOIRES D'EXPANSION SCIENTIFIQUE MODERNE of France (dermatological products) forms a manufacturing and sales subsidiary in Brussels. F237/25

Opera Mundi - Europe No. Sl Belgium -Luxembourg 16 I PLASTICS & RUBBER I

Toe French group RHONE-POULENC increa­ CREATORS CONTINENTAL of Belgium ses the capital of ETS KAHN FRERES, one of (thermo-plastic products) is taken over by the its associates in Belgium manufacturing British group ANSELM HOLDING. 257 /36 plastics. F235/28

Reorganization within the Brussels sales subsi- The British (SBR) rubber group INTERNATIO­ diary of CELANESE CORP OF AMERICA NAL SYNTHETIC RUBBER opens a branch in ("Celcon" resins and plastic goods). Brussels, F241/19 F238/26

Toe American group BEMIS BROS (plastic The Dutch firm CURVER forms a sales subsi­ packaging) opens a branch in Belgium , diary in Brussels. 248/27 F238/26

The plastic packaging subsidiary of the Ameri­ can group REXALL DRUG, at Erembodegem, takes over a minority shareholding in SEP of Ghent, from the Belgian group DESCLEE. 258/32

I TEXTILES I

SNI of Brussels takes a minority shareholding Toe Dutch firm LONER TEX MODELLEN (all in TRIM-LAINE of Verviers (256/32) a knit­ textile goods and textile by-products) forms a wear firm, and helps to form a company in manufacturing and sales subsidiary at Borsbeek. Belgium for natural and synthetic textile goods , F237/26 F236/29

LA LYS, UCO and LOUTEX, three Belgian J.Toe Dutch ready-made clothing manufacturers textile groups, join to form TISSAGE DE VAN KOLLEM form a sales subsidiary for TORCHONS & LAYETTES at Ghent. Belgium and Luxembourg, in Brussels, F241/28 F243/27

CONFECTIEBEDRIJF "DE DEtv'.IER" is formed The American underwear firm WARNER at Merksen by Dutch interests, to manufacture BROTHERS (BRIDGEPORT) sets up a sales clothes. F237 /26 subsidiary in Brussels. F237 /25

The London subsidiary of the American group SOMEX is formed in Brussels by Swiss capital WOOLWORTH forms a second sales subsi­ to deal in textiles. 252/30 diary in Luxembourg. 24 7 /30

Opera Mundi - Europe No . S1 Belgium-Luxembourg 17

A Dutch manufacturer of fishing lines and nets LAMINA TEX is formed in Brussels by Ameri­ sets up his first foreign subsidiary, at Ostend� can interests to sell textiles. 251/25 ANZA BELGIE. 24 7 /30

I TOBACCO I

The London merchant bank SAMUEL MONTA­ The Antwerp company CLARK GUM is taken GU has indirect control of a holding company over by the American group PHILIP MORRIS, formed in Luxembourg to take shares in the and takes over its trading and brand names , tobacco industry. F235/30 253/33

I TOURISM I

HIGHWAY INSURANCE, the Swiss holding WILLERBY CARAVAN of Britain forms a company controlled by American interests, sales subsidiary in Luxembourg. 248/29 forms a second holding company in Luxem - , bourg, EUROPAHOTEL. It will be concerned I in the hotel industry. 255/30

SNI of Brussels takes a 20% shareholding in EUROMOTEL. F241/30

I TRADE & DISTRIBUTION

The Belgian department store group INNOVA­ STE POUR L'IMPORTATION DES CHARBONS TION hands over a shareholding in its Paris & AUTRES PRODUITS of Paris closes down subsidiary INNO-FRANCE to the French its Antwerp branch. F242/31 group GALERIES LAFAYETTE. 251/26

Fifteen Belgian companies, either subsidiaries COMPTOIR CHARBONNIER DE MALMEDY or representatives of Swedish groups, form is formed in Belgium by Dutch interests. SUECA at Brussels, to develop relations F240/23 between Sweden and Belgium- Luxembourg. F240/22 TENNANT EUROPE, a general trading com- pany, is formed in Brussels by American SUR TRADCO VERTRIEBS of Germany forms a interests. F240/23 company at Antwerp which, like itself, will sell all kinds of mechanical, electronic, tex­ New expansion programme brought out by the tile and oil goods. F241/22 Belgo-American company SUPERMARCHES GB of Antwerp. 244/33

Opera Mundi - Europe No . S1 Belgium- Luxembourg 18

I TRANSPORT

Belgian, Venezuelan and British interests are The French group WORMS JOms Belgian among those concerned in the Franco-Belgian interests to form a chartering and shipping shipping company which has been formed at company at Antwerp, EURO-SHIPPING, to Antwerp, BELFRANLINE. 247 /31. take over the work of STEINMANN & CIE. 247/31 SNI of Brussels contributes to the financial expansion of the Antwerp shipping group Three Dutch companies form a shipping and AHLERS. F239/28 forwarding company at Antwerp, PHILIPPENS INTERN. EXPEDITIE. F237/27 The Belgian transport group PLOUVIER forms MONDIA-BRUXELLES, subsidiary for COACH TRANSPORT of Belgium forms a sub­ ship-fitting and ship-building. F242/30 sidiary for the sale of vehicles . F242/30

The German group FRIED. KRUPP opens a REDERIJ PISH, a ship-building and fitting com­ branch at Antwerp for sea and land transport . pany, is formed at Antwerp by associated 244/34 Belgian and Dutch interests. F258/31

MONDIA of Belgium, originally a Belgo­ An international transport company, PIONEER German company, joins two Rotterdam trans­ OVERSEAS SERVICES, is formed at Antwerp port companies to form a subsidiary at Ant­ by several American companies. 248/28 werp for grouping and transport, and gains control of a similar firm in Brussels. 246/32

I VARIOUS I

SNI of Brussels contributes to the expansioQ The French hair-shampoo and beauty products of the Belgian chromium tanning firm "ZW ANE firm E. GALLIA closes down its Belgian sub­ VEN" CHROOMLEDERFABRIEK. F240/22 sidiary. F234/30

More changes within the ELECTROBEL group: The American company ST A- HI ( equipment GAZ & ELECTRICITE DE L'OUEST DE LA for the printing and allied industries) sets up BELGIQUE is taken over by CIE BELGE a company in Brussels, in order to expand in POUR L'EXPLOITATION DU GAZ & D'ELEC­ Europe. F239 /29 TRICITE EN FLANDRE OCCIDENTALE. F233/24 An Amsterdam horticultural company, S. ZURE L, forms a sales subsidiary at BELGEMO is formed by Anglo-American Kapellen. 245/36 interests to sell and process precious metals, diamonds and pearls. F243/28

Opera Mundi - Europe No . S1 Belgium -Luxembourg 19

BDC - BELGIAN ORGANIZING CENTRE is A company is formed in Brussels by Danish, formed in Brussels by associated Belgian and German, French and Belgian (majority) interests, Dutch interests to organize economic, scienti­ for fuel control and sampling. 252/30 fic, cultural and commercial exhibitions . 248/29 FAMOUS ARTISTS SCHOOLS, an American correspondence course firm, forms its second ROSENTHAL PORCELEIN of Amsterdam, Benelux subsidiary at Brussels. 250/32 controlled by German interests, branches out into Belgium and Luxembourg, and opens The various Belgian groups associated in offices in Brussels. 24 7/32 CENTRALE DES BOUTEILLES decide to close the company down. F250/33 INTERNATIONAL PUBLIC RELATIONS EUROPE is formed in Brussels by American, British and German capital. 252/29

Opera Mundi - Europe No . SI Belgium -Luxembourg 20

II OP ERA TIO NS OU TSIDE TH E COMMUNIT Y

The Belgian firm CIE GENERALE POUR LA The Swedish mining company BOLIDENS GRUV DIFFUSION DE LA TELEVISION sets up a and the Norwegian subsidiary (zinc production) company in Geneva to build broadcasting of CIE ROY ALE ASTURIENNE DES MINES stations, relays, radio receiving stations and of Brussels enter into supply and mutual share­ transmission and diffusion networks. holding agreements, F242/28 F241/22 The Belgian foundry HENRICOT grants patents The Belgian group UNIBRA joins with British, to a Leeds subsidiary of the British group Swedish and Canadian brewers to form a G. & J. WEIR HOLDING. 258/31 holding company in Bermuda to promote the ' world-wide manufacture and sale of "Skol". The BANQUE ITALO-BELGE of Brussels plans 256/26 a series of moves to expand abroad. F233/26

The BANQUE LAMBERT of Brussels joins a The Luxembourg holding company SIECO forms group of European banks (51%) to form a new a company at Prilly in Switzerland to act as international bank at Nassau, in association patent and engineering consultants. F254/33 with American banks. 253/23 In order to gain certain fiscal advantages, the A subsidiary of the CIE MARITIME BELGE PETROFINA group reduces its shareholding in ·· forms a subsidiary in New York for transport its Canadian subsidiary. 257/28 between USA and Africa. 254/31

Opera Mundi - Europe No . S l France 21

I OPERATIONS INSIDE THE COMMUNITY

Page Page

ADVERTISING 23 MECHANICAL ENGINEERING 34 Light AIRCRAFT 23 Heavy Precision AUTOMOBILES, CYCLES etc 23 Lifting etc Agricultural BANKING 24 "11 MEDICAL & SCIENTIFIC 37 ;o )> BUILDING 24 z () Building METALLURGY & STEEL 37 I'll Finance Building Materials MINING & QUARRYING 38 Property Development Civil Engineering MOTORS & ACCESSORIES 38

I CHEMICALS 25 OIL 38 lcONTROL, MEASUREMENT etc 26 OPTICS & PHOTOGRAPHY 39

COSMETICS & TOILETRIES 28 PACKAGING 39

ELECTRICAL ENGINEERING 28 PAPER 39 Fittings Household PHARMACEUTICALS 39 Heavy Sound, Radio etc PLASTICS 40

ELECTRONICS 30 PRINTING & PUBLISHING 40

ENGINEERING 30 RUBBER 41

FINANCE 31 TEXTILES 41

FOOD & DRINK 32 TIMBER 41

HEATING etc 33 TOOLS & HARDWARE 42

LEATHER 34 TRADE 42

MANAGEMENT CONSULTANTS 34 TRANSPORT 43

VARIOUS 43

)pera Mundi - Europe No . S 1 'France 22

II OPERATIONS OUTSI DE THE COMMUNITY

Page

AUTOMOBILES 44 BANKING & FINANCE 44 BUILDING 44 Building Materials

CHEMICALS 45

CONTROL & REGULATION 45

ELECTRICAL ENGINEERING & ELECTRONICS 45

FOOD & DRINK 46

MECHANICAL ENGINEERING 46

OIL 46

TEXTILES 47

TRANSPORT 4 7

VARIOUS 47

Opera Mundi - Europe No . S 1 France 23

1 OPERATION S INSIDE THE COMMUNITY

I ADVERTISING

The British advertising agents LYNDEAU PRO­ YOUNG & RUBICAM, the American DUCTS set up a subsidiary in Paris. F 234/29 advertising group, sets up its third Common Market subsidiary, YOUNG The British advertising agents C .P. V. - COL­ & RUBICAM FRANCE. F 237 /25 MAN' PRENTIS & VARLEY' put their photo­ graphic work in Paris in the hands of a com­ INTERPUBLIC of USA forms a subsidiary pany formed w'ith Swiss capital. 254/30 in Paris. 258/22 :u.,, )> z () I AIRCRAFT I rr1

THE BABB CO of Paris (sale and hire of air­ ROLLS ROYCE, the British engine craft equipment) is taken over by the American builders, negotiate for shares in the French mechanical engineering group ATLAS CORP. company TURBOMECA. 254/20 F 236/18 Research and manufacturing agreement for The American group DOUGLAS AIRCRAFT a ground-to-air rocket is signed by SHORT ppens new offices in Paris. F 236/19 BROTHERS & HARLAND of Britain, and the two French companies ELECTRONIQUE The agreement is strengthened between ENGINS MARCEL DASSAULT and ENGINS MATRA. \1ATRA, France, and the British group HAWKER F 242/25 ,IDDELEY, for rockets, and electronic and ::;pace research. F 243/ 19 Technical agreements reached by the German aeronautical engineers SIEBEL­ WERKE and MARCEL DASSAULT for the assembling of "Mystere 30". 246/23

I AUTOMOBILES, BICYCLES & ACCESSORIES I

.JSU of Germany join with CITROEN of France HONDA MOTOR CO of Japan set up a o build a car equipped with the Wankel engine. sales company in Paris (F242/19) controlled by their Hamburg sales subsi- VILMOT BREEDEN, the British group, hands diary. 254/26 1ver to French interests its control of AUTO­ :OUSSIN, Courbevoie, Seine, which manufac­ ures car seats and furnishings in the East of 1rance. 257 /38

lpera Mundi - Europe No. Sl France 24

Re-organization of the Paris interest of the LANDESBANK & GIROZENTRALE SAAR SOFFO group by a bank linked with BANCO Saarbrucken, hands over part of its in­ POPULAR ESPANOL. 246/27 terests in the BANQUE FRANCO-ALLE­ MANDE, Paris, to the other W. German The Paris bank B. DE CHARNACE & CIE "Lander" banks. (245/30 increases its capital by three-quarters. F 234/23 The bank of the German ROCHLING group takes shares in the Paris bank B.U.O. 246/27

!BUILDING I

BUILDING

BATIMA -FRANCE, a building company, is CAMUS-DIETSCH (CONSTRUCTIONS formed by German and French interests. MONOCOQUES) is formed jointly by F 233/20 two French companies to build "Keating" monocoque garages. F 238/16 The British light prefabricated building group 1J. E. LESSER forms a second French subsi­ diary, at Paris. 245/26

FINANCE

STE AUXILIAIRE DE PARTICIPATIONS IM­ The London finance company TREBOR MOBILIERES, recently formed at Paris, will DEVELOPMENTS LTD forms a property take over some of the assets of STE CIVILE company in Paris; 21% owned by French IMMOBILIERE LORRAINE-AQUITAINE interests. F 236/18 which is being divided up and liquidated. F 237/15 The French property investment company SODIMCO, controlled by French, Dutch, The French investment company O. V. I. A. M. Swiss and British interests, increases its forms OVIAM-FONCIER in Paris, for property capital from Ff 0.2 million to Ff 55 administration and finance. F 236/23 million. F 241/25

A property investment company has been A British group forms EUROBA T in Paris formed in Paris - SOFRIMMO - with mino­ to finance the building of large units on a rity Swiss interests. 245/26 co-ownership or renting basis. 251/17

3UILDING MATERIALS

:IE GENERALE DU BETON formed by the A Franco-Swiss company is formed at 3ix main French manufacturers of cement and Paris to use the "Interspan" patents for 1ydraulic binding materials. F 234/19 cement and pre-stressed building ma­ terials. 245/25 >pera Mundi - Europe No. S1 France 25

The LAFARGE group forms a subsidiary to Two French companies join the German instal a pre-stressed concrete factory in mining and steel group FRIED KRUPP Moselle. · 247 /21 to form a company in Paris to build cement works in Africa. 248/20 & PROPERTY DEVELOPMENT MANAGEMENT J, Four French civil engineering companies form The& British building group E. LESSER B. A. B. - a property development company. SONS (HOLDINGS) forms a subsidiary F 236/18 in Paris, F 236/17 & Two Dutch textile groups, NIJVERDAL-TEN& The American group LEVITT SONS CATE and VAN VLISSINGEN CO together forms a second property development form a property administration company in subsidiary in Paris. F 237 /15 Paris, F 236/17

CIVIL ENGINEERING

Four French civil-engineering firms set up The British &civil engineering group another civil engineering firm in Paris, HOLLAND HANNEN & CUBITTS sets STE GENERALE ROUTIERE SA, F 242/20 up a Paris subsidiary. 250/21

A French subsidiary of the German group ANIEL forms a subsidiary in Paris for under­ ground and hydraulic work. 252/19

'CHEMICALS I

The French paint manufacturers LOURADOUR SICPA-FRANCE, a company of Swiss hand over part of their assets to RIPOLIN­ origin, takes over a paint and varnish GEORGET. F 239/19 factory at Aubervilliers, Siene, 246/24 & Two companies at Levallois, Seine, belonging HECHT, LEVIS KAHN of London takes to SUPER OIL SEAL of Britain and UGINE of over from its French subsidiary SAFIC France and both manufacturing impervious ALCAN, 10. 7% of its holding in its own joints. become associated with a view to an subsidiary STE D'EXPLOITATION DES �ventual merger. 257/26 PRODUITS INDUSTRIELS CHIMIQUES. F 235/20 JROSIM of Paris takes over from Belgian .nterests a 6 .4% shareholding in the French Increase in the capital of the French starch 11,7ater purification firm DEGREMONT. F 242/22 manufacturing company SCODO, which is under Franco-Dutch control, 245/31

)pera Mundi - Europe No. Sl France 26

CHEMICAL TANKERS INC., Monrovia, a The STE GENERALE D'ENTREPRISES general chemical manufacturing company group strengthens its control over the anti - controlled by American interests, forms a corrosion research company SECCO, Paris, sales subsidiary in Paris. F 233/21 255/21

ENTREPRISES CAMPENON-BERNARD, Paris, DEKA-CHJMIEof Paris ("Hylene" organic form a subsidiary to specialize in purification. isocyanates), .a joint equally-owned F 235/19 subsidiary of KUHLMANN and DU PONT DE NEMOURS, increases its capital to HALEBA formed in Paris by Swiss interests to Ff 36 million. F 233/21 manufacture protective varnishes. 245/27 The British group BARROW HEPBURN & A subsidiary of the Frenchgroup PECHINEY­ GALE (chemical and anti-lather products) SAINT GOBAIN joins with the Italian group changes its Paris subsidiary BEV ALOID LEOOGA to form a company in France to from a sales into a manufacturing subsidiary. manufacture saccharose esters. 252/20 F 242/21 J. flle Belgian company US INES G. CONINCK The ROGER BELLON Laboratory, a new '&. FILS (paints and varnishes for sheet metal) member of the RHONE-POULENC group, orms a sales subsidiary at Lyons. F 233/20 joins with the American group PITTSBURGH 1 PLATE GLASS to form a company for the e French chemical companies PEINTURES manufacture of carbamates and carbonates �ORONA and PRODUITS CHIMIQUES & CEL­ for farming and plastics. 250/22 ULOSE REY join to form HARMONIC at 'aris for the use of certain patents and licences. The French chemical-pharmaceutical group F 244;21 ROUSSEL-UCLAF forms a subsidiary to distribute its additives for the paper, rubber and plastics industries. F 239/18 fwo Frenchfot paper manufacturers form a subsi iiary the sale of fertilizers made from :ellulose waste. LA CELLULOSE DU PIN SA A Brussels subsidiary of the American group � PAPETERIE DE LA SEINE SA. 252/20 MONSANTO forms a marketing company in Paris. 246/24 \. subsidiary of the American group DUCOMMUN :rants the French group LE CARBONE LORRAINE The Swiss company RADIX helps to form :ole distribution rights in Europe for its thermal GASCHELL-FRANCE at Paris to sell che­ ,roducts. 255/27 mical products for coating metal and ceramics. 258/23

I CONTROL, MEASUREMENT AND REGULATION J

BC SCHLUMBERGER, a new automation and ELLIOTT-AUTOMATION of Britain takes ontrol company, is formed at Bagneux, Seine over LONDEX of Paris (relays, gauges and s a result of a merger within the Franco­ electronic measurement system�. F 238/21 merican group SCHLUMBERGER. 258/26

pera Mundi - Europe No. Sl France 27

The Swiss company SECURITE SERVICES I. T. T. , the American group, takes over HOLDING (anti-theft and fire equipment) CIE GENERALE DE METROLOGIE, hands over the control of its Paris subsidiary which specializes in measurement and to the American group AMERICAN DISTRICT electric control equipment. 252/23 TELEGRAPH CO. F 242/23 PESAGE & REGULATION is formed as The French regulation and electronic control a result of an association between the companies LE CONTROLE DES FLUIDES two French companies LE MATERIEL and ELLIOTT AUTOMATION FRANCE ELECTRIQUE SW and ARCA FREMON - become subsidiaries of the Luxembourg hol­ CONTROLE, to manufacture devices ding company of the British group ELLIOTT for the control of fluids and heavy dry AUTOMATION. 252/23 products, under licence from the American firm COMPUDYNE CORP, F 237 /17 ROBERTSHAW-MADEC, an associate of the American group ROBERTSHAW CONTROLS, The Swiss company AUTOMATION closes its factory at Servance, Haute Saone, CENTER (electronic data processing) , and its sister company at Turin takes over sets up an office mechanization firm the manufacture of thermostats. 256/26 in Paris (F 240/28) and a subsidiary in Brussels. 242/31 ETHER LANGHAM THOMPSON of Britain forms a subsidiary in Paris to sell its power BRYANS LTD. of USA, forms STE and temperature control equipment. F 240/25 EUROPEENNE D'INSTRUMENTS NUMERIQUES & ANALOGIQUES to The German company DR, SIEBERT & KUHN sell its scientific calibration & measure­ (control and measurement equipment) forms ment etc. F 240/26 a sales subsidiary in Paris. F 241/30 l The French subsidiary of HARTMANN The British thermostat and potentiometer & BRAUN of West Germany (electric manufacturers, ETHER CONTROLS, form a measurement, control and regulation sales subsidiary in Paris, 24 7 /22 equipment) makes faster progress in establishing a sales network. 244/24 The British group RANK forms a subsidiary at Montrouge, Seine, to sell electronic printing I, T. T. of USA sets up a new company equipment. F 254/25 in France for programming and servicing electronic equipment. 253/23. KEITHLEY INSTRUMENTS, of America, appoints ETS RADIOPHON, Paris as its sole SODER FRANCE formed in Paris by selling agents for France of electric meters, French and Swiss interests for measuring picoampermeter, and resistance microvoltme­ and regulation equipment. 257 /32 ters. 244/25 INTERTECHNIQUE of France obtains the licence from RADIATION INC. of USA, for electronic telemetric equip­ ment. F 238/22

)pera Mundi - Europe No. S 1 France 28

I COSMETICS & TOILETRIES

The French subsidiary of the American NESTLE-LEMUR, New York, takes over group PROCTOR & GAMBLE takes over indirect control of the Paris perfume firm its subsidiary UNION SAVONNIERE, having LUCIEN LELONG, from another American previously gained control of the company company. 249/22 from the French group L'OREAL. 250/22 MENNEN of America (toilet products for THIBAU GIBBS, of France, which is under men) joins L 'OREAL of France to form Dutch control, takes over the manufacturers a manufacturing subsidiary in Paris. [of perfumes and essences, BERTRAND, of 245/28 Grasse, Alpes Maritimes. 258/23 The British group ASPRO-NICHOLAS The SIMON laboratories at Lyons join Ameri- adds to its interests in France by forming an interests to form a 50/50 beauty-products a sales promotion subsidiary at Chatou, ompany at Paris. F 253/22 Seine et Oise, for perfumes and hygienic products, etc. 250/22 ECK-CHIMIE is formed at Forbach, Moselle y German interests to sell polishes, insec­ The German company BETRIX (shampoos icides etc. 255/27 etc.) joins French interests to form a sales subsidiary in Paris. 253 /21 he American perfumes group A VON PRODUCTS •,.orms a sales subsidiary in Paris. 253/20

I ELECTRICAL ENGINEERING I FITTINGS ETC.

erger of two French small -scale electrical S. E. V. of France takes over MARCHAL, quipment companies, BRESSON FAILLE & another French group which like itself ARCHAND and INDUSTRIE ELECTRIQUE manufactures electrical equipment for )E LA SEINE. 249/23 the automobile industry. 252/22

lOBERT BOSCH, the German electrical group, As part of the re-organization between rains control of its French distributor at the French groups JEUMONT (under 'aris. F 234/20 Belgian control) and MATERIEL S. W. (controlled by the SCHNEIDER grou!l lhe French company SIGNAUX & ENTREPRI­ MATERIEL S. W. takes over the manu­ ES ELECTRIQUES changes its light-bulb facture of EVE & NOIZET small motors, ales department into a subsidiary company, now transferred to Nogent sur Seine. alled STE COMMERCIALE DES LAMPES 252/21 IGTAY. F 244/22 BRYANS, the American makers of electro­ engineering instruments, form their first Common Market sales subsidiary at Boulogne, Seine. 246/25

�era Mundi - Europe No. Sl France 29 CANNON ELECTRIC, the American group, SOURIAU & CIE of France and PLESSEY alters its representation and licence agree­ CO of Britain enter into closer cooperation ments with the French company SOURIAU for the manufacture of couplings. F 237 /18 & CIE. F 239/24

HOUSEHOLD APPLIANCES

HOTCHKISS-BRANDT, the French electrical VAN DER HEEM of Holland and MANTE & engineers take over their Lyons subsidiary CIE of France take a minority shareholding S. G. A. E. which makes refrigerators and in a sales subsidiary formed at Puteaux� washing-machines. 25 7/30 Seine by the Dutch group STOKVIS & ZONEN to distribute household electrical appliances. 255/28

HEAVY EQUIPMENT

A subsidiary in France of MORS of Paris is The two French groups C. G. E. and ALSTHOM taken over by a Paris holding company asso­ decide to pool their industrial assets in ciated with the Swiss group ELEKTRO­ three manufacturing subsidiaries, to spe­ WATT 256/22 cialize in heavy equipment, medium-voltage equipment and small-scale equipment CHINDLER RELIANCE ELECTRONIC is respectively. F 257/25 ormed at Montrouge, Seine by Swiss and merican interests to make engines and The German electro-engineering group ervo-electric equipment. F 238/18 and BAUER forms a manufacturing and sales )52/21 subsidiary in Paris for electric motors. F 238/18 fhe American group WESTINGHOUSE ELEC­ fRIC (minority shareholder) joins the VARTA of Frankfurt and ACCUMULATEURS "CHNEIDER & CIE group to form a common FIXES & TRACTION of France exchange pa - anufacturing subsidiary at Paris. (251/19). tents for nickel-cadmium and: nickel-iron ATERIEL ELECTRIQUE S. W. also holds accumulators. 257 /30 minority shareholding. 253/22 and 258/24

OUND RADIO, T. V.

he French subsidiary of FIRTE the Italian PHONELEC has been formed at Paris with adio company, is closed down. F 254/22 Belgian capital to manufacture and sell automatic telephone answering and recor­ EDIFFUSION, the British group, forms a ding equipment. F 240/23 ompany at Montrouge, Seine to sell radio ts, telephones, etc. 245/29 The British company B. S. R. ("Monarch" gramophone and recording equipment) sets up a sales subsidiary in Paris. F 243/19

era Mundi - Europe No. Sl France 30

I ELECTRONICS I

LES PRODUITS SEMI-CONDUCTEURS of The American group MOTOROLA negotiates Paris, (pure zirconium and extra-pure to set up a companyin France to manufac­ substances for thermo-electric or photo­ ture miniature and integrated circuits. electric uses) which was formed jointly by F 243/23 SAINT-GOBAIN and PECHINEY, goes into voluntary liquidation. F 237 /17 SICOPEL-STE INDUSTRIELLE DE COM­ POSANTS POUR L'ELECTRONIQUE has GYLLING CO, of Sweden, forms a Paris been formed in France as an indirect subsidiary, CENTRUM ELECTRONIQUE. subsidiary of I. T. T. of America, for F 234/22 research on "micro-combinations" and electronic components for telephonic The Bank GONET & CIE of Nyon, Switzerland and telecommunication switchgear. F 235/22 forms a sales company in Paris for electronic parts for the aircraft industry. F 23 7/20 I ENGINEERING I CHIMIE & INDUSTRIE, of France, comes The French company STE FRANCO under indirect control of the American group ASSOC IATED DE POSE DE PIPE-LINES CHEMICAL & INDUSTRIAL CORP. and changes its name to McDERMOTT changes its name to C. & I. GIRDLER ENTREPRISES, in order to show its FRANCE. F 236/22 affiliation. F 238/24

CIE EUROPEENNE D'ENGINEERING POUR HEURTEY of France joins twoAmerican LES INDUSTRIES DE LA CELLULOSE & DU groups form two new subsidiaries, one PAPIER formed at Paris, partly by German for dessication and the other for the interests. F 240/26 treatment of surfaces. F 242/24 and 243/23 The Paris branch of the American oil and dock engineering firm BECHTEL bec�mes The International group MAC GREGOR a subsidiary. 245/27 and 257/28 (marine engineering and mechanical handling on ships) forms a research FLUOR of USA and HEURTEY of France join and engineering company in Paris (248/21) forces in the engineering work for an oil and its associate MAC GREGOR COMARAIN, refinery in Mexico. 252/24 of Paris, obtains part of the assets of the company in France using the drying patents PIC, the French chemical engineering group, of the British company CARGOCAIRE. joins two Paris companies to form GOLDPIC, 256/27 to build incineration plants. 258/24 Six French companies join to form STE The French company MERLIN & GERIN FRANCAISE POUR LE DEVELOPPEMENT forms a subsidiary at Grenoble for research ECONOMIQUE, at Paris, to carry outin­ into industrial plant. F 235 /21 dustrial projects in Saudi Arabia. F 235/19

Oper� Mundi - Europe No. Sl France 31

STE EUROPEENNE DE DISTRIBUTION ETS. NEU, of Lille and PETROLE CHIMIE D'ENGINEERING & DE MAINTENANCE S. E. R. I., of Paris, form STE D'AERODY­ ELECTRONIQUE is formed at Paris by NAMIQUE & DE THERMODYNAMIQUE three French groups, and will represent FRANCAISE, at Boulogne sur Seine. the Swiss subsidiary of the American group F 235/22 KISTLER INC. F 237/21 The now wholly-owned Paris subsidiary of the British consulting engineers ASSO­ CIATED INDUSTRIAL CONSULTANTS goes into liquidation. 25 7 /39

FINANCE

The French finance company FINACOR, of COGEP-CIE DE GESTION & DE PLACE­ Paris, reorganizes itself and expands. MENT, a French investment company, F 235 /23 and 23 7 /22 takes over a similar company, SOFRAGI­ STE FRANCAISE DE GESTION & D'IN­ Two French investment companies ETS. VESTISSEMENT. F 236/23 EDOUX-SAMIN (SADEES) and REVILLON FRERES, merge. F 243/24 S. I. NORD, an investment trust, takes over another investment trust of the ACIERIES DE GRAND-COU:OONNE of France, ROTHSCHILD FRERES group, and becomes a managing partner of STE DE acquires as new shareholders important GESTION DE VALEURS INUJSTRIELLES banks in Berlin, Zurich and Milan. 254/24 & COMMERCIALES, Paris, in return for a portfolio of steel shares. F 235/24 STE BELGE DE BANQUE, a member of the Belgian group SOLVAY, becomes a A subsidiary of REGIE RENAULT takes over shareholder of the Paris financial analysis from SAVIEM, of France, the control of a company EURO FINANCE. 24 7 /23 hire-purchase company for cars. 255/29 A subsidiary of UNION DES MINES and The investment company STE TECHNIQUE SUEZ takes a large shareholding in the DE PARTICIPATIONS FINANCIERES is French investment company HERSEN'I' formed as a subsidiary of the bank L'UNION 257 /35 DES MINES-LA HENIN. F 234/25 STE EUROPEENNE D'ETUDES & DE The bank VERNES & CIE forms an invest­ PARTICIPATIONS, Paris, increases its ment company at Paris, called CENINVE. capital. F 236/23 F 237/22 A new investment company has been A company for investment in Japanese shares formed at Paris, TRANSAMERICA INTE­ is formed at Paris, with minority shares held RNATIONAL SA by the San Francisco by Swiss and Japanese interests. 250/28 company TRANSAMERICA CORP. F 236/22

Opera Mundi - Europe No. Sl France 32

The German automobile manufacturern VOLKSWAGENWERKE form STE VOLKSWAGEN DE FINANCEMENT at Paris to sell or buy-back their cars, and to expand their trade. F 240/26 and 246/27

LEASING

The French leasing company VENDOME­ STE EUROPEENNE DE LOCATION D'AP­ EQUIPEMENT SA sets up two subsidiary PAREILS DE RADIO-TELEVISION is companies, which will also be engaged in formed in Paris by associated French leasing. F 236/24 and British interests, to hire out radio­ electrical equipment. F 242/23 EUROPEAN LEASING FRANCE is formed by French interests for the hire of motor A French leasing company, LOCA PME vehicles. 244/25 which was founded jointly with a number of American and Swiss banks, forms a A new industrial leasing company is formed subsidiary, LOCA P. M. I. 248/23 in Paris on a joint basis by the two French banks, ROTHSCHILD FRERES and UNION DES MINES-LA HENIN. 254/32 I FOOD AND DRINK I GRANDS MOULINS DE PARIS takes over three STE DES RAFFINERIES & SUCRERIES French milling and grinding firms. F 235/25 of Paris takes over RABIER THIROUIN & CIE (SUCRERIE DE MENNECY). CHAMPIGNEULLES takes over several bre­ F 235/25 weries in East France. 247 /23 STE DES PRODUITS OR GANIQUES, a The American company GENERAL MILLS member of the French KUHLMANN takes a 20% shareholding in the French group, takes control of STE A. E. SIDAP biscuit firm HEUDEBERT. F 242/26 of France, which specializes in cattle meal. F 237 /17 The French metallurgical holding company CIFACL strengthens its minority interests The British food manufacturers RECKITT in the Boulogne fish canning firm PECHE & COLMAN HOLDINGS takes a 7% interest & FROID. 254/25 in GENERALE ALIMENTAIRE SA of France (condiments, oil, biscuits, dietetic pro­ The assets of the French company SUCRE­ ducts, etc) in return for a 25% interest RIES D'OUTREMER are divided up, the in its German subsidiary, HEINE & CO. investments going to the parrot company, 244/27 and the plantations in Guadeloupe and Reunion to a new industrial company. 254/25

Opera Mundi - Europe No. Sl France 33

HUBBARD FARM of USA forms a poultry­ The Dutch group UNILEVER forms a com­ farming company at Lille. F 23 7/22 pany at Paris for research into its indus­ trial, sales and farming activities. LIMA FRANCE is formed in France to sell F 236/24 and 247 /30 dietetic products made by the Belgian parent company. F 238/23 V AMO is formed in France by Belgian interests to import and sell oil -yielding The French subsidiary of Wm WRIGLEY, products. F 238/23 the American chewing gum and confectionery firm, starts to build a factory in the Haut­ The Italian company CIRIO(which manu­ Rhine. 254/25 factures and sells tinned foods), a member of the EDISON group, opens a branch in CIE INTERNATIONALE DES PRODUITS Paris. F 233/26 SURGELESS is formed in France by com­ bined French and American interests. J. R. PHILLIPS & CO of Britain form a F 239/26 company in Paris to sell all kinds of beverages. F 239/26 The British chocolate firm MEURISSE, which is under Belgian control, opens a STE FRANCAISE RALL! is formed in subsidiary in Paris to sell the goods Paris by Israeli and Swiss interests, to made at the group's factories at Antwerp sell agricultural commodities and and Liege. 250/25 foodstuffs. 249 /29

CEREBOS of Britain forms another sales and financial subsidiary at Paris. 257/31

HEATING, VENTILATION, REFRIGERATION & AIR-CONDITIONING

AMELIORAIR of Paris gains control of the The B. U. P. group of Paris takes a French company STE NESSI FRERES & minority indirect shareholding in CIE and makes a specialization agreement SOLYVENT, the leading French manu­ with them for heating and air-conditioning. facturers of industrial ventilators. 252/27 F 242/25 LIOTARD, Paris, hands over its domestic ECO FRANCE of Paris, specialists in heat heating equipment branch to the German recuperation equipment are taken over controlled firm SOMEC, of The Havre, by the Fre.nch steel group PONT-A-MOUSSON. 245/32 258/29 The Danish company BRy'.'.DRENE GRAM HY-LO, the. German manufacturers of forms a subsidiary at Rueil, Seine & equipment for heating by air, grant Oise, for the sale of its refrigeration manufacturing and sales rights in France equipment. F 237/19 to SEFACAL, Paris. 255/31

Opera Mundi - Europe No. Sl France 34

The German company KLOSTERS-TECHNIK The American refri gerated show-case manu­ grant the French company AIRFLUID the manu­ facturer McGRAY REFRIGERATOR forms a facturing rights for a "Rheinland DM 60" appli­ subsidiary at Ivry, Seine, jointly with its licen­ ance for heating large premises. F241/23 cees in France, West Germany and Britain. 257/30

LEATHER I

The French company TANNERIES & MEGISS­ The German leather goods firm MORITZ MAED­ ERIES DE GRAULHET is taken over by the LER sets up a sales subsidiary in Paris. American tanning and leather company JOHN F241/24 FLYNN & SONS. F241/24 C I MANAGEMENT CONSULTANTS I

The American company C. E. I. R. gives up its An American firm of corporation lawyers sets minority shareholding in the French organiz­ up in Paris. 246 /33 ational research company C. F.R.O. of Paris. 258/36 FRANAM INVESTISSEMENTS an organization and market research company, has been form­ The American agency BENTON & BOWLES ed in Paris by American interests. 249/30 forms a public relations subsidiary in Paris. 249/30

A French firm of organizational consultants join a New York company to form a subsidiary at Brussels. 251/27

MECHANICAL ENGINEERING

LIGHT ENGINEERING

The French company BRAUN (frames and acces­ Merger of two machine-,tool companies under sories for textile machinery) divides itself into AMTEC FRANCE, an American controlled three new companies. F236/21 company. 253/27

A subsidiary of the French group SCULFOR T DE VILBISS, the American manufacturers of divides its assets between a new company for compressors, atomizers and inflators take automatic lathes at Maubeuge and a French minority shares in their licencee at Valence, subsidiary of the American group NEW BRIT­ Drome. 250/27 AIN MACHINE. 253/27

Opera Mundi - Europe No. Sl France 35

The GEVELOT group increases its holding in RITZ, the motor-pump manufacturers, take another French group, ETS MARCEL GAUPIL­ minority shares in their French licencee at LAT which manufactures pumps, detonators, Carrieres sur Seine. 250/26 and shop-fitting equipment , etc. F 238/21 The American company AVDEL forms a light CADAC SA of Switzerland forms a company in mechanical-engineering company in Paris. Paris to manufacture and sell all kinds of auto­ F 234/23 matic machinery. F 239/21 CHALLIER FRANCE is formed to sell machi - The British engineering firm KLINGER MANU­ nery and tools manufactured by the Italian FACTURING CO (textile machinery) sets up a parent company. F 233/23 sales subsidiary in France. F 242/25 GARRETT of USA (machinery for space and With the aid of Belgian capital ETS CASTEELS­ mine research) opens a Paris branch. FRANCE is formed iriParis to sell mechanical F 240/24 tools and parts. F 242/25 The German precision machine-tool manu­ The Italian company NEBIOLO (printing mach­ facturer FRIEDRICH DECKEL sets up a inery) joins the American group CROMPTON & sales subsidiary in Paris. F 243/21 KNOWLES (weaving looms and textile machi- nery) to form two sales subsidiaries in Paris. PFAUDLER-PERMUTIT, the American manu­ F 243/20 facturers of equipment for the chemical, food and pharmaceutical industries, etc. form a The American specialists in lubricating machi­ sales subsidiary in Paris. 249 /25 nery, BIJUR PRODUCTS, opens sales offices at Chatillon sur Bagneux. F 250/27 The German group OTTOFUCHS sets up a subsidiary company at Auffargis, Seine & Oise, to sell mechanical goods. 255/32

The British group PROJECTILE & ENGINEER­ ING appoints a company at Troyes to sell its plastic moulding presses in France. 246/29 HEAVY ENGINEERING

The French sales subsidiary of CAMCO, the STE RATEAU, Paris, takes a 10. 7% interest American manufacturer of equipment for the in the French company TURBOMA which oil industry, which was formed in association specializes in industrial turbines and power with local interests in late 1962, is closed reactors. F 241/23 down. 249/27 WAFIOS, the German industrial machinery EURAM FRANCE is formed at Lyons by Swiss group, forms its second sales subsidiary in interests to build special trucks for the prep­ Paris. F 236/21 aration of cattle food. F 242/24

Opera Mundi - Europe No. Sl France 36

The German group MIAG (machinery and STEEL & CO, of Britain, forms COLES equipment for a large number of different FRANCE in Paris to establish a sales net­ industries) forms a sales subsidiary in Paris. work for mobile cranes, mechanical shovels, F 237 /18 mining drills, etc. (F 240/24) which are manufactured under licence in France by The French assets of the British company SECOMA, Lyons. 245/26 DARRACQ PROPRIETARY CO (agricultural, forestry and civil engineering machinery) MANNESMANN of Germany sets up a second are taken over by two French companies. subsidiary for the sale of industrial machinery F 242/24 and equipment.

A Heidelberg manufacturer of building Two sales companies formed in Paris by the machinery and equipment forms ARBAU, an German mechanical engineering group international sales subsidiary in Paris. KLOEKNER & CO. 255/32 253/20 and 256/22

PRECISION ENGINEERING

The American group STANDARD PRESSED C. L. E. C. 0. , Lyons, is formed with Swiss STEEL liquidates its subsidiary UNBRAKO capital for general mechanical engineering (FRANCE) which made precision mechanical and precision machine tools. F 234/23 parts" F 240/25

FILTON of Britain, forms a sales subsidiary in Paris" 24 7 /26

LIFTING AND MECHANICAL HANDLING

The French civil-engineering company SOCAL­ STE INDUSTRIELLE DE L'AUBE, a member TRA takes over VETRA, manufacturers of of the FENWICK group, Paris, takes over electric trucks and trolleybuses. F 239/19 another group company. 258/29.

ORVAL, the French mechanical engineering LA MANUTENTION ELECTROMECHANIQUE and metallurgy company, forms a subsidiary will be the agent for France for the lifting and in Paris to use patents belonging to TOTE rrechanical handling equipment of HERBERT SYSTEMS, USA, for the mechanical handling MORRIS, Britain. It is the British group's and packaging of granulated and powdered second subsidiary in France. F 236/20 goodso 256/32 ALBERT IRION, the Stuttgart manufacturers The Netherlands subsidiary of J. H. FENNER of fork-lift equipment, form a sales subsidi­ of Britain, forms a subsidiary in Paris to sell ary in Paris. 245 /32 "Rapistan" mechanical handling equipment under American licence. F 257 /25 SAXBY of France is appointed licencee and Common Market distributor for electric lift trucks manufactured by LEWIS-SHEPARD of USA. 251/18

Opera Mundi - Europe No. Sl France 37 AGRICULTURAL MACHINERY GEBRUEDER SCHANZLIN GmbH, the German GASCOIGNES, the British agricultural equip­ tractor and cultivator manufacturers, take a ment firm, gains complete control of its two 20% interest in STE URBAINE DE DIFFUSION subsidiaries, one at St. Ouen, Seine and the DES INDUSTRIES MECANIQUES "SUDIM". other in Italy. 248/19 F 236/25

KONGSKILDE MASKINFABRIK (Cultivators etc.) which already has interests in the Netherlands and West Germany, forms a sales subsidiary in Paris. 245 /25

I MEDICAL AND SCIENTIFIC INSTRUMENTS \

The Japanese manufacturer of electrical scien­ VACUUM ELECTRONICS, the American spe­ tific instruments, J. E.0. L. Co. forms a sub­ cialists in the use of the vacuum in nuclear and sidiary in Paris to control its sales network in space engineering, forms a sales subsidiary in Europe. 255/32 Paris. 254/23

METALLURGY AND STEEL

The French thin-sheet manufacturers NUSBAU­ APPAREILS GACHOT (stainless steel cocks, MER & CO split up into two new companies. taps and valves, etc.) takes over two French F236/26 firms engaged in allied work. F 241/23

ELECTROTUBE-SOLESMES of Paris takes Take over in France by HAUTS-FOURNEAUX over another company in the VALLOUREC & FONDERIES DE GIVORS, which is controlled group. 245/34 by Swiss interests. 246/29

The British foundry and rolling group BIRMID CONTROLS CO, of USA, gains control of INDUSTRIES negotiates to take over ETS CIPAG of France, the manufacturer of gas BATTE FRERES of France. F 236/26 water-heaters (F238/19) whose capital was previously increased to Bf 600, 000 by assets ESPERANCE-LONGDOZ, Belgium, takes a contributed by the subsidiary company CON­ minority shareholding in the French steel TROLS FRANCE. merchant, ROUSSEAU F 245/29 and 258/26 The French metallurgical group C. A. F. L. POOR & CO of USA, (clamps and joints for joins with CIE FRANCAISE DES FERRAILLES rails) closes down its manufacturing subsidi­ to form two joint subsidiaries at St. Etienne, ary in France. 249 /26 Loire, to process and sell scrap. 251/22

DISTRISID is formed in France by Belgian FONDERIES DE TAMINES, the Belgian manu­ interests to sell steel and metallurgical goods. facturer of stoves and cookers, opens a sales F 238/24 subsidiary in the Paris area. 24 7 /27

ELCO, the Swiss manufacturers of oil burners, form a sales subsidiary in Paris, and set up a sales network in Italy. 248/24 Opera Mundi - Europe No . S 1 France 38

IPSEN INDUSTRIES, the American manufac­ The Utrecht subsidiary of the Dutch blast­ turers of industrial metallurgical furnaces, furnaces HOOGOVENS of Ijmuiden, forms a form a sales subsidiary at Vincennes, Seine. sales subsidiary in Paris. 248/25 F 251/25 FORGES DE LA LOIRE, France joins with OTTO FUCHS, of Germany, sets up a subsidi­ the Canadian group ATLAS STEELS for the ary at Auffargis, Seine et Oise, to sell foundry sale of stainless steel plate in France. 257 / goods on the French market. 255 /32 33

The French firm DISTRISID (Belgian capital) The French rare metal firm CACERMET is will handle metal products. F238/24 taken over by the Swiss. 258/23

I MINING AND QUARRYING I i

Two French mining sales companies form MARIOTTI FRANCE formed in Paris by CIE EUROPEENNE DES MINERALS for mar­ French and Italian interests to import ket research. F 236/27 Carrara marble. 257/28 I MOTORS AND ACCESSORIES I

Working through CIE D'APPLICATIONS MEC­ ASPERA FRIGO of Italy (small explosion ANIQUES S.K. F. of Paris, S.K. F., the motors) forms a sales subsidiary at Lyons. Swedish group, takes a minority interest in F 233/22 the French precision bearings company LES APPLICATIONS DU ROULEMENT. F 233/23 EURACO of Belgium sets up a sales subsidi­ ary in Paris for motor parts and rolling The Japanese manufacturer of ball bearings, stock. 249/21 TOYO BEARING, backs a sales company in Paris which is placed under the control of its VANDERVELL PRODUCTS, the British bear­ DUsseldorf subsidiary. 24 7/27 ings manufacturers, form a sales subsidiary in Paris. 25 6/2 7 A Stuttgart manufacturer of connecting gear forms a sales subsidiary at Strasbourg. TROJAN, the British builders of small boats 254/26 and mt rine engines form a sales subf'lJoiary in Paris. 257/38

A subsidiary of the French group BRP puts its The oil research company TOTALREX, a work outside Africa (Belgium, Portugal and member of the French group C. F. R. , will France) in the hands of SOREX, a new subsid­ go into liquidation. F 235/27 iary of BRP. 253/29

Opera Mundi - Europe No. Sl France 39

Eight French companies, four of them under Four French oil companies have an equal foreign control, form a subsidiary company share in the capital of STE PETROLIERE DE at Strasbourg to run a network of pipelines REALISATIONS INDUSTRIELLES, which has linking the refineries in that area with depots. been formed to build and run depots at Feyzir, 254/28 Isere. F 234/27

OPTICS AND PHOTOGRAPHY I HOSTERT-FRANCE is formed by German MOLE RICHARDSON (FRANCE) which is interests to import and sell photographic under British control, forms a subsidiary in equipment. F 241/30 Paris for photographic work, for industrial and advertising purposes. 252/30

I PACKAGING I The French group VERRERIE SOUCHON­ MEAD CORP. of USA takes shares in two NRUVESEL merges two of its bottle manufac­ French packaging machine and conditioning turing subsidiaries at Rheims and Cognac. firms. 254/29 255/30

STE INDUSTRIELLE DE SIERENTZ is formed by Swiss interests to run a metal packaging factory. F 233/24 PAPER

The American paper group WEYERHAUESER The French paper mills at Pont-Ste-Maxence rakes over DROPSY of Rheims (cardboard, and the Italian paper mills at Carmignano boxes and packing paper). F 243/25 are both taken over by joint Swedish-Swiss interests. 255/34 STE CHARBONNIERE LA MURE, Grenoble, forms CHARSAC-MARSEILLE, to pack and sell coal in paper bags. F 234/26

PHARMACEUTICALS

STE D'EXPLITATION DES PRODUITS PHARM­ RECHERCHE & INDUSTRIE THERAPEUT­ ACEUTIQUES B. 0. N. SA, Paris, is taken IQUE of Belgium increas es its shares in over by LABO RATO IRES ADRIAN SA, of LABORATOIRES DUMESNIL, Paris. Courbevoie, Seine. F 234/28 F 235/28

Opera Mundi - Europe No. Sl France 40

The American pharmaceutical group MERCK & CO ETS CLIN-BYLA SA, Paris, take over gains complete control of its three associated com­ LABORATOIRES PAUL METADIER of panies in France. F 234/28 Tours. F 234/30

ETS. FEVRIER, DECOISY CHAMPION gains control KLOSTERFRAU, the German group, takes of LABORATOIRES MILLOT, of Paris, which spe­ over the pharmaceutical laboratories of cializes in theophllin derivatives. F 242/28 PUCA, Paris. F 256 /30

The French pharmaceutical company BIOSEDRA Slight re-organization in the Paris pharma­ divides itself into a manufacturing company and ceutical group CLIN-BYLA. F 234/27 a holding company. 256/29 SCHWARZ BIORESEARCH of USA joins a manufacturer of yeast and biochemical acids to form a manufacturing company. 255/34

[PLASTI�

LA CELLOPHANE of Paris, takes over CIE SAINT-·GOBAIN increases its control over FRANCAISE DU PEGAMOID and CHEDIN & CIE. STE DES PLASTIQUES S. G. V. of Paris, in F 237/35 return for licences for plastic processes. F 233/28 AQUITAINE PLASTIQUES, a subsidiary of the oil group S.N.P.A ° ' helps to form S.A.P.A.B, at The German company REHAUPLASTIKS Paris, which will specialize in polyester material builds a factory for plastic goods for cars, : for furnishing purposes. F 235/29 at Morhange, Moselle. F238/26

COMMERCIAL PLASTICS of Britain ("Fablon") SOVECO is formed at Paris by French and sets up a sales subsidiary in Paris. F 236/28 German interests, to launch a game of skill made of plastic. 251/28 VELUX FRANCE is formed in Paris by Danish · interests to sell "Dialitte" translucent plastic Having already set up in Italy, West Ger­ panels made in Belgium. F 241/28 and 247/29 many and Belgium, STOREY BROS of Britain extends its sales network to France and forms a subsidiary there. 24 7 /29

PRINTING AND PUBLISHING]

The Frankfurt publishing house DEUTSCHER SUEDDEUTSCHE KLISCHEE-UNION DR. FACHVERLAG forms a subsidiary in Paris. ZIESCHANK (letterpress, offset, photogra­ F 237/20 vure, galvano and stereo block-making) forms STE SUD CLICHE MUNICH in Paris. F240/25

Opera Mundi - Europe No. S 1 France 41 RUBBER

GOODRICH, the American rubber group, The French group HUTCHINSON increases forms a sales promotionsubsidiary at Leval - its rubber manufacturing potential by taking lois, Seine. 250/29 over a factory from DEGRAVE & PROUVOST of Roubaix. 255/35

I TEXTILES I

Important take-over operation in the French The French group DOLLFUS MIEG takes textile industry, carried out by SIPARTEX, over two cotton companies at Lille and Gueb­ which becomes TEXUNION. F 237/26 willer, and the sewing thread department of AGACHE, and gains control of a hosiery The French cotton spinning firm BERTEL is company near Paris, and a zip-fastener taken over by the Belgian UCO group. 252/29 factory. 253/31

The Belgian cotton company LOUTEX forms a WIEGERINCH & KOCH of the Netherlands sales subsidiary in Paris. F 238/27 (children's clothing) forms a sales subsidi­ ary in Paris. F 241/29 TEXTILES FRANCO-ALLEMANDS, a textile sales company, is formed by five German INTERNATIONAL TEXTILES, the Dutch wool, cotton and artificial fibre companies. textile sales company, opens a branch in 241/28 Paris. F 242/31

FIRIX, a textile sales company, is formed in MONTAGUE BURTON, the British ready-made Paris by five Israeli textile firms and a clothing group, forms a second (marketing) Maltese one. 244/33 subsidiary in Paris, and a third (sales) sub­ sidiary with the name FIRTH FRANCE. Seven textile manufacturers in Northern France 251/19 and 249/29 form a sales subsidiary to develop their exports. 251/28 BASSETTI of Italy forms a subsidiary at Lyons and then transfers it to Paris, to DUBIN-HASKELL JACOBSON of USA already increase and coordinate its sales of house­ has a manufacturing subsidiary at Munster; hold linen on the French market. 256/31 forms a company at Paris to expand its sales of texturized goods. 256/30 BECKER & CO is formed by German indus­ trialists, to sell hosiery and knitwear. 256/30

TIMBER I

Take-over operation in France by PERMALI, The Swedish group SVENSKA TANDSTICKS Maxeville, Meurthe & Moselle, specialists in forms a subsidiary in the Cote d'Or Departe­ impregnated wood for use mainly in the elec­ ment of France, to manufacture 40,000 tons rrical industry. 251/27 a year of "Unalit" wood fibre panels. 256/31

Opera Mundi - Europe No. Sl France 42

I TOOLS AND HARDWARE I

TRIEFUS, of USA, groups its interests in HARPER of USA, and the two French com - France together in SODIAM TRIEFUS INDUS­ panies UGINE and CEFILAC join to form a TRIES, which manufactures diamond and common subsidiary to manufacture bolts and abrasive tools. 253/2 8 screws. 254/27

A Berlin subsidiary of the German electrical FRANKE-FRANCE is formed at Pantin, engineers AEG forms LOEWE FRANCE Seine, by Swiss interests, to sell stainless at Paris to sell electrical tools and machinery. steel tools and industrial equipment. 251/21 255/33

PASS & CO of West Germany sets up a sales subsidiary at Vichy, Allier, for its stainless steel hardware products. 256/27

[TRADE AND DISTRIBUTION

The Franco-,Belgian department store firm A factoring company is formed at Paris at INNO-FRANCE becomes associated with the instigation of the Swiss holding com - GALERIES LAFAYETTE, Paris. 251/26 pany of the American group INTERNATIO­ NAL FACTORS. 252/25 and 253/23 The American company GIFT PACK forms a subsidiary in France for distribution of sam­ ROSPATCH FRANCE is formed in Paris by ples and publicity material. F 242/30 and American interests to sell industrial goods 248/28 and equipment. F 242/31

The London sales company GLOPRISE forms Three French groups, headed by WORMS, a company in Paris for import-export trade with form a company at Elbeuf, Seine Maritime, Pakistan. 250/31 for the sale of liquid and solid fuel. 251/27

KANEMATSU of Japan opens a branch in The German mining and steel group FRIED. Paris. 252/29 KRUPP joins French interests to form a fuel sales company in Paris. 256/32 Two merchant companies dealing in tropical goods and commodities, of New York and London respectively, form FRAMERIC, an import-export company in Paris. 255/36

Opera Mundi - Europe No. Sl 43 France

TRANSPORT

NAVALSA 'S capital increased; it moves to Stras­ The French subsidiary of the Danish marine bourg, having taken over the representation of the engine manufacturer BURMEISTER & WAIN Swiss group which controls it. 251/2 8 forms a finance company in Paris. 248/27

DEAN VAN LINES, the American all-purpose P AKHUISMEESTEREN, the Dutch general transport company, forms a subsidiary in Paris. stores group, forms a subsidiary for ship­ F 242/29 fitting freighting, stowing, etc. F 242/29

COMPTOIR MARITIME INTERNATIONAL of SOMARA of Antwerp, the Belgian shipping Paris and a German company form a joint sub­ company, forms a subsidiary in Paris. sidiary in France. 251/26 255/36

INTRAMAST, the Dutch road and rail transport company, forms its first foreign subsidiary in Paris. 255/36

I VARIOUS

In return for shares, the Belgian company SWAN-STABILO-FRANCE is formed by GENERALE DES CONDUITES D'EAU hands German interests to manufacture and sell over to the French group L YONNAISE DES EAUX pencils, crayons; etc. F237/23 & DE L'ECLAIRAGE its shareholding in CIE DES EAUX DE LA BANLIEUE DE PARIS. The French group ALGECO forms a company 244/34 in Paris to develop property for tourist or sports centres. 255/30 CHARLES RIVER, of USA, forms a company in Paris to import mice for laboratory research 257/39

Opera Mundi - Europe No. Sl France 44

II OPERATIONS OUTSIDE THE COMMUNITY

I AUTOMOBILES

RENAULT, the French car manufacturers, in­ REGIE RENAULT negotiates in South Africa crease the capital of their holding company at with a view to granting licences to manufac­ Zug, Switzerland, from Sf 50,000 to Sf 37. 3 ture· its car engines. 255/25 million. F242/19

SAVA, the Spanish motor engineer, obtains from the French firm, BERLIET, licences for 3 - 20 ton lorries. 256/20

BANKING AND FINANCE

BANQUE DE PARIS & DES PAYS-BAS forms Four French groups, one Frankfurt bank and a subsidiary in London in association with a one Amsterdam bank take minority shares in London and a New York bank. F242/26 INDUBAN, a new merchant bank formed at Madrid. 246/26 The B. N. C. I. group reorganizes its represent­ ation in Morocco, and forms a new local comp­ B. N. C. I. of Paris heads a group of European any. 248/22 banks holding 51 % in a new international bank at Nassau formed jointly with U.S. banks. The bank DE LUBERSAC of Paris takes a minor­ F243/25 ity shareholding in a new Swiss company which groups together the two management companies, The bank NEUFLIZE SCHLUMBERGER joins at New York and Basle, of the EUROFUND Italian, American and Dutch banks to form Investment Trust. 253/24 a merchant bank in: Barcelona. 255/29

BUILDING I

BUILDING MATERIALS BANQUE DE PARIS & DES PAYS-BAS takes HOLLAND & HANNEN & CUBITTS obtains over from TRIANGEL-HOLZWERKSTOFF of the rights for the UK for the prefabricated Germany (chipboard) its shareholding in the buildings of BALENCY & SCHUL of Paris. French company STE DES PANNEAUX LAND­ 257/27 AIS. F240/21

Two French groups join FRIED KRUPP of Germ­ any to form a company to build cement works in Africa. 248/20

Opera Mundi - Europe No. Sl France 45

CHEMICALS I

K. W. CHEMICALS of London, the United King­ The French group PARFUMS CARON forms a dom distributor of PECHINEY-SAINT-GOBAIN, sales subsidiary in London. 252/20 changes hands. 24 7 /22

A French chemical water purification company, LABO INDUSTRIE, the French lubricants, in­ GENERALE D'EPURATION & D'ASSAINISSE­ secticides and anti-corrosion products group, MENT, forms a sales and engineering subsid­ forms a sales subsidiary at Lausanne. 255 /22 iary in Switzerland. 252/28

MICHELIN-EMS is formed at Zurich by French and Swiss interests for research into chemical fibres. F242/21

CONTROL AND REGULATION

The French hydraulic engineering company The French group CIE DES COMPTEURS BEAUDREY joins a British hydraulic control (meters, control, measurement and regula - in company to form252/27 a joint manufacturing subsid­ tion) forms a sales subsidiary London. iary in Britain. F241/21

ELECTRICAL ENGINEERING AND ELECTRONICS

CIE GENERALE D'ELECTRICITE joins French CSF signs several agreements in Africa to Canadian interests to form a company at Mont­ form companies there for the manufacture of real for insulators and electro-mechanical equip­ trade and consumer equipment in the Union of ment. F241/21 South Africa, Cameroon,251/20 Morocco, Madagas­ car, Tunisia, etc. The Grenoble group MERLIN & GERIN joins (with a minority interest) an Indian subsidiary REDIFFUSION of London (all kinds of electri­ of the Swiss group VOLKART to form a heavy cal and electronic instruments for radio and electrical equipment company in conjunction recording) forms a sales subsidiary at Mont­ with the TATA group of Bombay. 25 7/29 rouge, Seine. F233/21

ALSTHOM (heavy electrical engineering equip­ SOVIREL, the Paris glass group, grants EL­ ment) forms a representation and sales subsid­ ECTROVAC of Austria certain manufacturing iary at Madrid. F233/22 rights for electronic components. 255/28

A subsidiary of the British group CONTROLS BITE L-McCULLOUGH of USA ( electronic & COMMUNICATIONS is appointed licencee valves) obtains a licence from CFTH of · and distributor of very hjg h frequency equip­ France for cooling by vaporisation. ment of C. S. F. 254/21 F239/23

Opera Mundi - Europe No. Sl France 46

FOOD AND DRINK

The London sµbsidiary of LABORATOIRES DU The British wine importers}. L. P. LEBEGUE LABORD of France takes a shareholding, at first & CO (French capital), becomes part of the a minority one (F236/23) and then majority JOHN HOLT & CO (LIVERPOOL) group. (256/29) in PROCEA, the British dietetic prod­ F239/26 ucts firm, and takes substantial interests in a Glasgow chocolate firm. 246/27 The French cognac firm MARTELL forms its first subsidiary in the Union of South Africa, BRASSERIE DU PECHEUR appoints CHARRING­ at Capetown. 256/25 TON & CO as its United Kingdom agents for "Three Stars" beer . 244/28

DISTILLERIE DE LA SUZE appoints the Canad­ ian group SEAGRAMS as its sole agents for America, and CARPANO as its sole agents for Italy. 255 /28 I MECHANICAL ENGINEERING I

BENNES MARREL of France joins with Swiss NORD AVIATION forms a New York sales interests to form a manufacturing and sales sub­ subsidiary jointly with DOUGLAS AIR­ sidiary at Lausanne. 254/27 CRAFT (F234/21) and opens a branch at London. F234/19 Having appointed representatives in Germany, Italy, Spain, Britain and Japan, the French firm CEM of Paris, which is of Swiss origin, has UNICOM appoints MICHIGAN TOOL of Chicago granted to a subsidiary of AMF of USA a as representative for the USA, for its gears. 10-year licence for the manufacture & sale of 247/25 its "Scamatic" oil filters in the USA, 24 7/26

The French firm RELLUMIX grants GREER Broadening of agreements between REGIE HYDRAULICS of USA licences for aircraft filt­ RENAULT and MITSUI SEE KI of Japan for ers. 253/21 machine-tools. 254/26

The French groups RAP and SNPA both form a AFROPEC of Paris, which is under American subsidiary in the USA in order to take a minority control, grants the American group MURPHY shareholding in TOSCO, a company which al­ half its prospecting rights in Algeria and the ready groups together French, Dutch, Belgian Sahara. 255/33 and American oil interests. 247/28

Opera Mundi - Europe No. Sl France 47

PETRONORD is formed at Oslo by French SNPA forms a wholly-owned subsidiary in and Norwegian interests, for off-shore pros­ Canada in order to take a 40% interest in pecting, F236/28 BANFF OIL. F236/28

The French groups CFP and SNPA join to prospect for oil near Perth, Australia. 258/32

I TEXTILES

MATERNA, the French manufacturers of The American company MOROVIS, a mem­ ready made clothing, and articles for ber of the French group RHONE- POULENC, mothers and children, branches out into obtains the CHAVANNOZ "Chivacete", Switzerland, and forms a subsidiary at "Chivalor", etc, patents. F238/27 Geneva . 24 7 /30

KANEGAFUCHI SPINNING of Japan is appoin­ Several companies belonging to the RHONE­ ted sole licencee for CHRISTIAN DIOR. POULENC group form a sales subsidiary for F241/28 Austria, at Vienna. 258/34

I TRANSPORT I

FRAISSINET, the French shipping company, The French group SAFEGE TRANSPORT takes a minority interest in the company grants the British rights for the French which runs the aerodrome at Montreux in monorail system to TAY LOR WOODROW. Switzerland. F253/30 254/31

ZELUS of Paris, which specializes in refrig­ erated transport, forms a subsidiary at Bas le. F255/32

I VARIOUS I

PECHINEY and its United States subsidiary BARATTE INTERNATIONAL, the French HOWE SOUND join AMERICAN METAL marketing and advertising consultants, form CLIMAX to form a new aluminium company a subsidiary in London. 244/29 in the USA. 248/19

Opera Mundi - Europe No . S 1 Germany 48

I OPERATIO NS INSIDE THE COMMUNITY

Page Page

ADVERTISING 50 MECHANICAL ENGINEERING 57 Light AIRCRAFT 50 Heavy Precision ALUMINIUM 50 Lifting & Handling Agricultural AUTOMOBILES, CYCLES etc 50 MEDICAL & SCIENTIFIC BANKING 51 INSTRUMENTS 59

BUILDING 51 METALLURGY 59 Building Finance MOTORS & ACCESSORIES 60 Building Materials OFFICE MACHINERY 60 CHEMICALS 52 OIL & GAS 60 CONTROL, MEASUREMENT etc 53 OPTICS & PHOTOGRAPHY 61 G) ('Tl COSMETICS & TOILETRIES ::0 53 3:: PACKAGING 61 z)> ELECTRICAL ENGINEERING 53 -< Electrical Equipment PHARMACEUTICALS 61 Household Appliances Heavy PLASTICS 62 Sound PRINTING & PUBLISHING 62 ELECTRONICS 54 RUBBER 62 ENGINEERING 55 STEEL 63 FINANCE 55 TEXTILES 63 FOOD & DRINK 55 TOOLS & HARDWARE 64 GLASS 56 TRADE 64 HEATING etc 56 TRANSPORT 64 HOSIERY & KNITWEAR 56 VARIOUS 64 INSURANCE 57

Opera Mundi - Europe No . S 1 Germany 49

II OPERATIONS OUTSIDE THE COMMUNITY

Page

AUTOMOBILES 66

BANKING 66

BUILDING 66

CHEMICALS 66

CONTROL, MEASUREMENT & REGULATION 67

ELECTRICAL ENGINEERING 67

ENGINEERING 67

FINANCE 67

FOOD & DRINK 68

FURNISHING 68

LEATHER 68

MECHANICAL ENGINEERING 68 Light Heavy

METALLURGY & STEEL 69 OIL & PETROCHEMICALS 69 OPTICS 70 PHARMACEUTICALS 70 PLASTICS 70 PUBLISHING 70 TEXTILES 70 VARIOUS 71 Opera Mundi - Europe No . S 1 W. Germany 50

1 OPERATIONS INSIDE THE COMMUNITY

I, A OVERTIS ING I

SVENSKTYKA ANNONSBYRAN is formed at The American public relations company BENTON Frankfurt by Swedish interests to carry out & BOWLES forms a subsidiary at Frankfurt to do advertising campaigns. F239/28 business in Germany and Austria. 252/29

HILL & KNOWLTON of USA forms a sub­ sidiary at Hamburg. F236/29

I AIRCRAFT ]

Two mergers take place in the German Technical agreements between G. A. M. aircraft industry, concerning ENTWI CK­ DASSAULT and SIEBELWERKE to assemble LUNGSRING NORD and ENTWICKLUNGS­ the "Mystere 30". 246/23 RING SUED. F234/21 r-----� i ALUMINIUM

The American group REYNOLDS METAL The American group KAISER ALUMINIUM & gains control of the aluminium manufactur­ CHEMICAL forms a subsidiary at Berlin to ers WESTFAELISCHE LEICHTMETALL, of manufacture aluminium cables. F241/18 Nachrodt, subsidiary of a metallurgical group at Duisburg. 257 /26

KAISER ALUMINIUM forms its third German subsidiary at Frankfurt, for market research and inf orrnation on the European aluminium and chemical industries. 257 /27

l AUTOMOBILES, CYCLES & ACCESSORIES I

The two German manufacturers of bicycles AUTO-BECKER of Dusseldorf forms a company and motorcyles, GOERICKENWERKE NIP­ to export second-hand cars and spare parts. PEL and PANTHERWERKE, merge their F233/19 manufacturing works at Bielefeld. 257 /33

SIMCA INDUSTRIES of France forms a com­ Agreement between N. S. U. of Germany and pany at Bochum to maintain the industrial CITROEN of France to build a vehicle fitted vehicles of its "Unic" Division. F235/18 with the Wankel engine. 256/20

The Italian group FIAT reorganizes its sales HENSCHEL, the German heavy engineering network in Germany and forms a company at group (lorries etc) forms a sales fl'Jbsidiary at Kirschseeon, Munich, to sell its heavy Cologne. 249/20 vehicles. 245/25

Opera Mundi - Europe No. S 1 W. Germany 51

SABA of Sweden forms a subsidiary at The German manufacturers NSU and WANKEL Hanover for the sale of automobile acces - grant a licence for the "Wankel" rotary engine series. 257 /27 to the mechanical engineering group RHEIN­ STAHL-HANOMAG, which is the tenth opera­ tion of this kind (F236/l 7}; and then to the Italian company ALFA ROMEO. F237 /14

BANKING

OELBRUECK 'VON DER HEYDT takes over The German financier Rudolf Mlinemann sells another Cologhe merchant bank and bran - a 52% shareholding in the Frankfurt finance ches out into the Aix -la -Chapelle region. company IHB - INVESTITIONS - & HANDELS­ 256/23 BANK of which he has 75% control. F242/26

The insurance company DEUTSCHE BEAM­ The FIRST NATIONAL CITY BANK of New TENVERSICHER UNG takes a 33% interest York opens a branch at Berlin. 257/31 in ALLGEMEINE HYPOTHEKENBANK, a banking company belonging to the R . Mtinemann group. 244/26

BUILDING

BUILDING

STRABAG BAU of Cologne takes over a 25% A Mannheim firm joins a Dutch firm, INTER - shareholding in AHI-BAU a large building VAM, to build a factory near Cologne for pre­ company in Dusseldorf;, from the HENKEL fabricated building parts. 248/20 group. 249 /21 The Swedish prefabricated building firm EWERT A company at The Hague belonging to the BORGENSTEN forms a sales subsidiary at H.B.M. (HOLLANDSCHE BETON MIJ NV) DusseldorL F238/16 group joins a German firm to build a fac­ tory for prefabricated houses, at Cologne. BRAUER ENGINEERING CO of USA (prefabri­ 248/20 cated aluminium or steel panels) negotiates a representation agreement in Germany. 243/21 The Dutch building group BREDERO bran­ ches out into Germany and forms a sub­ KR UPP joins 25 other German firms to form a sidiary at Frankfurt. 250/21 company at Stuttgart to improve productivity in the building industry. 253/20 FINANCE IN THE BUILDING INDUSTRY

BANK FUER GEMEINWIR TSCHAFT and NECKERMANN, the German mail-order firm, two other German groups (one of them an forms a company at Frankfurt, to finance insurance company) take a large share­ property transactions. F236/l 7 holding in a finance firm at Karlsruhe, 252/25

Opera Mundi - Europe No. SI. W, Germany 52

The London subsidiary of the Americart group HERTZ, and HAMBROS bank fortn a subsidiary at Duisburg to run garages, 250/31

BUILDING MATERIALS

The German company PHILIPP HOLZMANN The Dutch civil engineering group BREDERO gains control of LIMBAU SPANNBETON, a takes a 5% interest in the Frankfurt subsidiary company specializing in pre-stressed con­ (concrete tiles) of the British company RED­ crete, F238/16 LAND HOLDINGS, 244/23

A paper company of Dachau and a plastics The Italian plastic panels firm !GAV forms a manufacturer of Wuppertal form LETRON at sales subsidiary at Bielefeld, 250/29 Aschaffenburg to manufacture layered panels, 250/29

l CHEMICALS I The carbo-chemical group GES, FUER The German subsidiary of the Belgian group TEERVERWERTUNG of Duisburg, which is SOLVAY gains control of !LAG, of Dusseldorf, controlled by the main German coal groups, which manufactures varnish, 249/22 is taken over by RUETGERSWERKE of Frankfurt, 256/28 The French company STE DES HYDROCARB­ URES DE SAINT -DENIS (aromatic essences HOECHST, the German chemical group, and benzene products) is to build a factory gainst control of CHEMISCHE WERKE near Mainz (F233/21) and forms a subsidiary ALBERT which manufactures fertilizers, at Millheim for this purpose, 258/32 resins, patent medicines, etc. F255/22 The American group HERCULES POWDER ALKEM is formed at Karlsruhe by German forms another manufacturing subsidiary at and American interests to manufacture Dachau to make chemical additives for paper plutonium fuel elements, F242/20 and cardboard. F256/22

RHEINISCHE BRAUNKOHLENWERKE A joint subsidiary of B,P, and Shell forms a (ammonia, methanol, various carburants sales subsidiary at Biebesheim, Rhein, for and heavy fuel-oil) forms a special sub­ "Octel" anti c, detonating chemicals. 247 /28 sidiary to supply it with oil. F243/21 KAISER ALUMINIUM & CHEMICAL forms its The British paper group REED PAPER forms third German subsidiary, at Frankfurt, for a sales subsidiary at Essen for wood-fibre market research and information on the tubes impregnated with tar, 253/30 European chemical and aluminium industries, 257 /27 The Dutch paints and varnish group PIETER SCHOEN forms a sales subsidiary at Dusseldorf. 258/23

Opera Mundi - Europe No, Sl. W. Germany 53

I CONTROL, MEASUREMENT AND AUTOMATION

The British subsidiary of the Franco-American OTTO FENNEL of Germany and LEAR SIEGLER group SCHLUMBERGER of Houston, Texas, of USA form a company at Kassel to manufac­ increases the capital of its own German sub­ ture special automation equipment. F237 /24 sidiary ten-fold, and alters its trading name. F235/22 CANNON ELECTRIC of USA sets up a manu­ facturing and sales subsidiary at Stuttgart. RONALD TRIST of Britain sets up a subsidi­ F239/24 ary at Dusseldorf to sell its "Mobrey" regu­ lators. 256/26

I COSMETICS AND TOILETRIES

The Dutch perfume and cosmetics manufac­ ESTEE LAUDER COSMETICS of Canada sets turers EAU DE COLOGNEFABRIEK J.C. up a manufacturing and sales subsidiary at BOLDOOT forms a sales subsidiary at Cologne" F243/25 Cologne. F243/26

PARFUMS CARON of France forms a sales subsidiary in Germany. 252/20

ELECTRICAL ENGINEERING

ELECTRICAL EQUIPMENT

The London group DESOUTTER BROTHERS The German company NOVA-LUX (luminous (HOLDINGS) which makes portable electrical dials, etc.) forms a sales subsidiary. F239/20 tools, control and automation equipment, sets up a sales subsidiary at Frankfurt. F233/22 and F236/20

HOUSEHOLD ELECTRICAL APPLIANCES

GENERAL ELECTRIC gains control of the THE MAYTAG CO of USA (washing-machines, German household electrical appliances firm sp-in-dryers, etc.) gains control of VOSSWERKE PROMETHEUS, a member of the Dusseldorf which makes cookers, refrigerators and washing group CONTINENTAL GAS (252/21), and machines. 244/24 takes over most of the manufacturing work of the ESGE group of Neuffen, except for a The British firm HANIMEX (UK) which is con - factory for electrical accessories at Bielefeld. trolled by Australian capital and specializes 256/22 in electrical household equipment and optical equipment, opens a branch at Hanover. GEO, BRAY, the British manufacturers of F234/30 heating apparatus, form their first Common Market sales subsidiary, at Dortmund. 248/22

Opera Mundi - Europe No. SI. W. Germany 54

HEAVY ELECTRICAL EQUIPMENT

CIE GENERALE D'ENTREPRISES ELECT­ The German engine manufacturer FICHTEL & RIQUES of Paris forms a subsidiary at SACHS takes over the"Electric Motors" Depart­ Frankfurt. F234/22 ment of BRESGES & CO. F240/24

ACCUMULA TEURS FIXES & TRACTION of S. E. LABORATORIES (ENGINEERING) appoints France and VAR TA of Germany exchange HARTMANN & BRAUN of Frankfurt as its rep­ patents for nickel-cadmium and nickel-iron resentative for electric converters and trans­ accumulators, 257 /30 formers. F237 /20

RADIO, SOUND, T, V,

BLAUPUNKTWERKE ("Blue spot" radio and The British group B, S. R. decides to build a TV sets) takes a 50% shareholding in AKKORD factory for "Monarch" gramophones and tape­ RADIO GmbH KOPFER & AUTORADIO, recorders, at Hanov�;. F255/26 which specializes in portable radio sets for cars, F243/20 TELECTRO INDUSTRIES, the American company manufacturing recording and electrical Eight German firms selling radio and TV equipment for flying, forms its first Common sets form a joint purchasing agency called Market subsidiary at Bremen. 250/22 WERUFA - RUNDFUNK & FERNSEH. 251/26 YA NASE AUTOMOBILE, Japanese suppliers of car accessories, obtain VOLKSWAGEN and TOKAI WIRELESS, the Japanese manufac­ DAIMLER BENZ as clients for their radio sets. turers of radio sets, gramophones, etc. form 253/20 a sales company at Dusseldorf. 255/27

I ELECTRONICS' I

BULL of France changes, its branch at Saar­ HUGHES AIRCRAFT of USA and EL TRO of brilcken into a subsidiary company (F 234/24) Heidelberg join to manufacture laser and infra­ and hands it over (F237 /21) to its main sub­ red equipmertt in Germany. 258/25 sidiary BULL DEUTSCHLAND LOCHKARTEN - MASCHINEN GmbH, at Cologne. The "Electronic Computer" Division of the American group HONEYWELL REGULATOR The American electronic components firm opens sales offices at Frankfurt. 250/24 UNITED CARR FASTENER forms its first Common Market sales subsidiary at Frank­ HAMPDEN ENGINEERING,of the American furt. (248/22 and 250/24). manufacturers equipment for radio-stations, forms a sales subsidiary at Dusseldorf. 252/24

Opera Mundi - Europe No , S l , W. Germany 55 I ENGINEERING I

OTIS ENGINEERING of USA (electro­ The British electro-metallurgical and electri­ mechanical engineering) changes its German cal engineering group METAL INDUSTRIES branch into a subsidiary company. F235/26 forms its fifth Common Market subsidiary at Neuss. 258/26

I FINANCE I

The American finance group PETSCHEK RHEINISCHE GIROZENTRALE & PROVIN­ transfers its majority shareholding in the ZIAL-BANK of Diisseldorf forms a holding Cologne coal company, ILSE BERGBAU, to company to take shares in medium-sized the West German Government. F235/25 companies. 245/30

HENSCHEL, the German heavy engineering British interests take a large shareholding in group, offers its clientele the services of a a leasing company at Cologne belonging to leasing company. F241/26 the German insurance group GERLING. 252/24 DEUTSCHE LEASING of Diisseldorf, which was originally set up mainly by foreign capi­ A machinery company at Esslingen belong­ tal (Swiss, American and British) now comes ing to the German group GUTEHOFFNUNGS­ under majority control of five German banks, HUETTE AKTIENVEREIN forms a subsidiary 244/26 for the lease of machinery and transport vehicles. F239/21

I FOOD & DRINK[

The British group RECKITT & COLMAN The American food group CAMPBELL SOUP HOLDINGS transfers a 25% interest in its forms a subsidiary at Hamburg, DEUTSCHE German subsidiary HEINE & CO (high - BISCUITS DELACRE, to sell its Belgian quality canned meat) to GENERALE ALIMEN­ and French subsidiaries' high-quality bis­ TAIRE of France. 244/27 cuits, etc . 244/28

The British subsidiary of the American The rum distillers POTT sell their share­ cereals group KELLOGG increases its holding in the Berlin distillery MAMPE to holding in REIS & HANDEL of Marburg. local interests. 247 /24 258/28 A Frankfurt brewery of the OETKER group The German biscuit and confectionery com- gains control of EISENACH brewery, Bad pany HARRY TRUELLER is taking over the Hersfeld. 257/31 American group NABISCO. 253/24 JAMES ROBERTSON of Britain buys a fac­ The German distillery PETER ECKES gains tory at Paderborn and sets up a subsidiary control of the Dtlsseldorf subsidiary of to run it . 248/23 HULSTKAMP & MOLIJN of Rotterdam. 247/23 Opera Mundi - Europe No . S 1 56 W. Germany

The Dutch canning company GEVATO forms Two American groups form CHEMSYNA at a manufacturing and sales subsidiary at Munich, to manufacture animal foods. 249 /28 Mtlrfelden. F236/23 The Swedish baking firm WASA sets up a sales The Danish firm G LYNGOERE RISKE subsidiary at Hamburg. 246/28 INDUSTRIE starts a fish canning factory at Flensburg. 254/25 The French vintner BARTISSOL sets up a sales subsidiary at Dusseldorf. 275/29 The Dutch biscuit firm KON. VERKADE FABRIEKEN sets up a sales subsidiary at The Americanchernical-pharmaceutiC'al group Duisburg. F238/23 ARMOUR & CO sets up a subsidiary at Frank­ furt to sell its foods. 250/25 The American food group SUN CR OWN forms a sales subsidiary at Hamburg. 255/30

SAINT GOBAIN of France and GLACERIES The French refractory glass company SOVIREL, DE SAINT ROCH of Belgium join to manu­ controlled by Franco-American interests, forms facture "float" glass under British licence, a sales subsidiary at Brlihl. 253/25 in a factory at Porz, Cologne. 253/25

HEATING, REFRIGERATION, AIR-CONDITIONING, VENTILATION

The Italian company CONTARDO (heat RONALD TRIST, the British manufacturer of exchangers) sets up a sales subsidiary at regulating equipment for air-conditioning, forms Karlsruhe. F237/19 a sales subsidiary in Germany. 252/p. 26

The Dutch heating and ventilating company RUHAAK closes down its sales subsidiary at Frankfurt. 258/p. 29

I HOSIERY AND KNITWEAR

The German textile group "Ahlers" gains The German textile group KOLBERMOOR­ majority control of ELSBACH WAESCHE- UNION gains control of an underwear firm at F ABRIKEN, which makes men's and women's Marktoberdorf. F241/29 underwear. 244/33 The Dutch manufacturer of socks and stockings The American stocking manufacturers L. TEN CA TE forms a sales subsidiary at CHADBURN GOTHAM CO hasten the expan- Krefeld. 250/30 sion of their subsidiary at Rheinfeld. F236/ 29

Opera Mundi - Europe No . S1 W, Germany 57

I INSURANCE I

SEL-STANDARD ELEKTRIK LORENZ of Four holdiRg companies are formed at Zug-in Stuttgart, a subsidiary of the American group Switzerland by German interests to control ITT, forms its own insurance company, the insurance company ALLIANZ VERSICHER­ F234/l 9 UNGS AG of Berlin-Munich, F235/18

UNITED SERVICES AUTOMOBILE ASSOCI­ The Frankfurt bank BAAS & HERZ forms a car ATION of USA opens a branch in Frankfurt. insurance company at Offenbach. 244/2 8 F242/19

The Cologne insurance group GERLING­ KONZERN forms a co-ordinating subsidiary.

MECHANICAL ENGINEERING

Light Engineering

HERMANN TRAUB, the German manufact­ The Japanese sewing-machine company JANOME urer of metal lathes, gains control of a SEWING MACHINE Co signs a collaboration similar company at Schwenningen, Neckar. agreement with its German counterpart G. M. 247/26 PFAFF (F243/22) and they form a joint manu­ facturing subsidiary. 244/29 The American pump manufacturers GRAY Co form a manufacturing subsidiary at Dlisseldorf. FABRIQUE DE MACHINES TAREX SA of 246/29 Geneva (automatic mono-spindle lathes) forms a sales subsidiary at Stuttgart. F239 /22 The Swedish group IWEMA (machinery for the food industry) forms a sales subsidiary at The sewing-machine companies RICCAR of Winterbach. 251/22 Japan and KOCHS ADLER of Germany sign a mutual sales and manufacturing agreement MILLET & CIE of France (machinery for the and form a joint subsidiary at Bielefeld. ' leather industry) forms a sales subsidiary at 256/26 I Wuppertal. 256/27 1 MARUZEN SEWING MACHINE CO, of Japan SCHMID of Zurich forms a sales and assemb- and ANKER PHOENIX NAEHMASCHINEN of 1 • ling subsidiary at Stockach, Baden, fop its Bielefeld enter into closer sales and manu - bowling equipment. facturing cooperation. 246/2 8

Opera Mundi - Europe No. S 1 W. Germany 58

Heavy Engineering

BANK FUER GEMEINWIRTSCHAFT of Frank­ The American oil equipment company BAKER furt hands over one third of its 76% share­ OIL TOOLS forms a sales subsidiary for holding in the German mechanical engineer­ Germany at Celle. F236/20 ing group ATLAS WERKE to the bank of the "Land" of Bremen and another third to the Two Italian firms form a company for the sale bank of the "Land" of Schleswig Hostein. of transport equipment, at Cologne - CAPRI F235/23 AGRATI VERKAUFS GmbH. 252/18

Precision Engineering

The German precision engineers SIEMAG­ The Swiss watch manufacturers HENO WATCH FEINMECHANISCHE increases its capital. form a sales subsidiary at Frankfurt. 254/31 F241/24

Lifting and Mechanical Handling

HUGO STINNES INDUSTRIES hands over TOLEDO SCALE of USA gains control of its control of a Mtilheim company for mechani - associate at Cologne which manufactures cal-handling and civil engineering equipment heavy scales. 251/22 to the American group CLARK EQUIPMENT. 249/27 BENNES MARREL of France joins German interests to form a manufacturing subsidiary ETS SAXBY of France forms a subsidiary at in West Germany. 254/27 Essen to sell its mechanical-handling equipment. 245 /33

Agricultural Machinery

The British group DAVID BROWN CORP joins FIAT of Italy sets up a sales subsidiary near with its agent in Germany to form a sales Munich for its tractors. 256/20 subsidiary there. 246/23

I The Italian tractor manufacturers S . A . M. E. The German metallurgical and mechanical- set up a sales subsidiary at Ftirstenfeldbruck. \ engineering company WERK, EISENGIESSE­ 258/22 IREI & MASCHINEN-F ABRIK MICHELSTADT 1 obtains a licence from the British group ROTARY HOES for their "Howard Rotavator" farming hoes. F241/26

)pera Mundi - Europe No. S 1 W .. Germany 59

MEDICAL AND SCIENTIFIC INSTRUMENTS I

SIEMENS & HALSKE of Germany and PHlLJPS The Hamburg subsidiary of the British ELLIOTT of Holland join to form a company at Frankfurt AUTOMATION group forms a company in to finance and supply laboratory and hospital Germany to sell the electronic medical equip­ equipment for under-developed countries. ment manufactured by its associate company F241/29 in Holland. 254/21

The American group WILKENS INSTRUMENT NOBILIUM, the Swedish manufacturer of & RESEARCH ("gas-phased chromotographs") dental equipment, forms a sales subsidiary formsSwiss a sales subsidiary at Darmstadt through at Stuttgart. 249/31 its subsidiary. 244/35

The Hamburg branch of OLYMPUS OPTICAL of Japan (microscopes and scientific and office equipment) becomes a subsidiary company. 257 /34

I METALLURGY

The German iron and steel groups, SALZ­ The German group SIEGENER AG GEISWEID GITTER and HOESCH form a joint selling gains control of the Saarbru�ken zinc-plating agency at Dortmund for large diameter tubes. company BECKER. 245/34 250/26 "LE BRONZE INDUSTRIEL" RENE LOISEAU HOESCH takes a large shareholding in the & CIE of France forms a :manufacturing sub­ German foundry and manufacturer of springs, sidiary at Dusseldorf. F235/25 DITTMANN & NEUHAUS, 250/30 The Swiss metal radiator firm GEBR. ZEHNDER KREIDLER'S METALL-& DRAHTWERKE AG RADIATORENFABRIK forms a manufactur­ GmbH of Stuttgart (non-ferrous metal pro­ ing and sales subsidiary at Riegel. F240/24 cessing) expands. F241/27 BAUMANN-BELTRON of Switzerland backs a FELTEN & GUILLEAUME (telecommuni­ light metallurgical company at Frankfurt. cations equipment) controlled by Dutch and F241/27 Luxembourg interests, increases its capital. 244/25 The American valve group CRANE decides to base its new sales operations in Germany on Three American groups form an electro­ DUsseldorf. 250/27 metallurgical subsidiary at Wengern, ELEKTRO­ STAHLWERKE, which takes over part of the JULIUS FR. BEHR (machinery and parts for plant belonging to a former Cologne subsidi - vehicles and fixed motors) obtains a licence ary of a Swiss group which was taken over from HUPP CORP of USA for its radiators and by GUSSSTAHLEWERKE WITTEN. 251/21 heaters for vehicles. F241/22

Opera Mundi - Europe No S 1 W. Germany 60

The German radiator foundry group BROTJE CACERMET of France (rare metals and forms a holding company at Rastadt. 245/ ceramo-metallurgical goods) forms a sales 34 subsidiary at Cologne (254/21) and is taken over by Swiss interests. 258/26 ELCO of Switzerland forms a sales subsidi- ary at Essen for oil burners made at Ravens­ PRIVE of France (special sheet metal and burg in Germany. 257 /32 hangars) sets up a sales subsidiary at Kehl. 257/33

I MOTORS AND ACCESSORIES INDUSTRIEWERK SCHAEFFLER gains ROBERT BOSCH gains control of ALBERT control of another German company, BAD­ HIRTlf of Stuttgart, which makes driving ISCHE WEBEREI and changes its name to shafts, gear-boxes, etc. 258/30 INANADELLAGER. It will manufacture needle and roller bearings. F236/21 Naples motor manufacturer belonging to the FINMECCANICA group, forms a sales sub­ YALE & TOWNE of USA changes its manu­ sidiary at Hamburg. 255/31 facturing branch at Velbert (small motors, locks, etc.) into a subsidiary company. 250/27 I OFFICE MACHINERY ROTO-WERKE, the German manufacturer of The Swiss company TYPO-FARBAND copying equipment is taken over by a Hanover (typewriter supplies) opens a branch at bank. 248/24 Berlin. 248/24

The Swedish office equipment firm TEKNORIT sets up a sales subsidiary at Hamburg. 257/ 34 I OIL AND GAS l

A Swiss holding company of the Italian oil The German coal mines, SAARBERGWERKE group ENI finances a company set up to run join three French groups to build a refinery the Ingolstadt refinery. 250/28 at Ftirstenhausen. 255/33

SUPERIOR OIL of USA adds to its interests PETROFINA of Belgium and PHILIPS PET­ in the Common Market by setting up a sub­ ROLEUM of USA form a subsidiary at sidiary at Frankfurt. 250/28 Frankfurt to distribute liquid gas. 256/28

STANDARD OIL CO (NEW JERSEY) of USA SIGNAL OIL of USA forms a sales subsid- and ROYAL DUTCH of Holland form a j?int iary at Dtisseldorf. 248/26 indirectly-owned subsidiary at Frankfurt to transport natural gas from Holland to Germany. 252/26 Opera Mundi - Europe No Sl W, Germany 61

I OPTICS AND PHOTOGRAPHY I

C, A, STEINHEIL SOEHNE OPTISCHE WERKE The German publishing group BERTELS­ (optical and photographic equipment) which MANN gains control of a chain of cinemas belonged to ELGEET OPTICAL·CO INC. of belonging to UFA and a shareholding in a Rochester, N. Y, is taken over by LEAR cinema studio firm at Berlin which UFA SIEGLER of Munich, itself a subsidiary of sold some months previously. 251/27 another American group, LEAR SIEGLER INC. F233/26 ROBOT POTO of Dusseldorf, which manu­ factures photographic equipment, is taken The optical firm PIERRE COUFFIN of Paris over by French interests. 246/31 gains control of a photographic firm at Dilsseldorf. 246/31 MIMOSA of Hanover (sensitized paper) is taken over by BAYER. 247 /29 AGFA-GEVAERT formed as a result of the merger of GEVAERT of Belgium and AGFA The Dutch optical firm BRILMIJ forms a of Germany. F240/30 sales subsidiary at Cologne. 254/31

The Japanese group KURIBA Y ASHI CAMERA forms its second Common Market subsidiary at Osnabrock.

PACKAGING I

KEYES FIBRE CO of America (special The Italian firm PANSAC forms a company packaging for foodstuffs) forms a sales at Grunwald to distribute its plastic and subsidiary at DusseldorL F239/24 and paper bags. 254/31

AMERICAN CAN forms a subsidiary at Coblenz to sell "Dixie Cup" plastic packages in Europe. 254/29

I PHARMACEUTICALS I f SCOTT & f OWNE of Frankfurt is taken over PAUL LAPPE of Germany is taken over by by the London chemical-pharmaceutical group the American pharmaceutical group MEAD ASPRO-NICHOLAS. F234/28 JOHNSON. 253/30

MERCK·& CO of USA forms its first manu­ The Japanese group TAKEDA forms a dis­ facturing/2 subsidiary in Germany, at Munich tributive network based on a new subsidi­ (F235 8) and this company .in turn opens two ary at Hamburg (247 /29) which it forms manufacturing branches, one at Cologne for jointly with the German chemical group veterinary pharmaceuticals, and the other at HENKEL (minority interest). 257 /28 Bad Aibling for patent medicines. 251/24

Opera Mundi - Europe No S 1 W, Germany 62

CHIBROPHARMA PHARMAZEUTISCHE formed at Saarbrucken by French and Ger-. man interests. F242/18

PLASTICS

Swiss METZELER GUMMIWERKE, the German A Munich subsidiary of the mechani­ rubber group, gains control of WOLFF & CO cal engineering group WERKZEUGMASCH­ WALSRODE, which manufactures polythene INENFABRIK OERLIKON takes a minority and methyl cellulose. F238/26 and F242/ shareholding in a German polythene factory, 22 ALKOR. 247 /29 Swiss BADISCHE ANILIN forms a subsidiary to The plastic toy manufacturers specialize in new hard plastics for the CONSTRI-ELEMENTE M. AMSLER printing industry. 253/22 reorganize their interests in Germany. 244/34 CONTINENTALE LINOLEUM-UNION of Switzer! and changes its representative at Saarbrucken into a subsidiary company. 257/28

I PRINTING AND PUBLISHING

FITZROY PUBLICATIONS, a technical The Dutch publishing company SPAARNES­ publishing house, is formed at Frankfurt by TAD forms a subsidiary at Duisburg. British interests. 243/29 258/22

The German publisher C. BERTELSMANN gains control of UFA, the film company, and expands its documentary and advertising films department. F239/22 RUBBER

The German state controlled mining group The American rubber group THE B. F. GOOD­ SAARBERGWERKE takes a large shareholding RICH CO sets up a subsidiary in Frankfurt. in a rubber manufacturing concern at Bilschfeld, F248/18 Saarl. 245 /35 A subsidiary of the Italian rubber group CEA T BAUDOU, the French manufacturers of tyres and appoints a new independent company in tennis balls, set up in Karlsruhe. 246/31 Hamburg as its sales representative in Germany. 256/30 The HUGO STINNES group buys a sales company for rubber goods at Oldenburg. 249/28

Opera Mundi - Europe No. Sl W. Germany 63 I STEEL'

Two German steel traders, FRANZ HANIE L The German iron and steel company GUSSTAHL­ and FERROSTAAL, merge their activities in WERKE WITTEN obtains know-how from the South Germany. F236/26 American fast steel manufacturers LATROBE STEEL (F236/25) and takes over steel works ATLAS STEELS of Canada forms a subsidiary at Cologne from a Swiss group, and then at Diisseldorf to sell stainless plate steels. rents part of it to a new subsidiary of three 257/33 American groups. 251/21 TEXTILES I The wool spinning company THUERINGER Two textile companies, one at Siichteln and WOLLGARNSPINNEREI, which was destroyed the other at Oberursel, Taunus, have merged during the war, is setting up again in Munich, their print departments in a joint subsidiary, and taking over another company in this field, CATO TEXTILDRUCK. 251/25 at Sch<>ngau. F237/26

A company at Freiburg, Bas-Rhin, belonging ROBERT BOSCH, the German electrical en­ to the French group RHONE-POULENC gains gineering group, continues to diversify and control of ROTTWEILER KUNSTSEIDEFA­ gains complete control of the textile company BRIK (rayon, serge, etc). F234/29 ULRICH GMINDER of Reutlingen (F235/29) and reorganizes it. F238/27 CHR. FRIEDR. KOSTER (wool processing) takes over another German company (high­ The German mail order company QUE LLE quality fabric weaving). F244/30 gains control of the weaving and ready-made clothing firm SCHOEPFLIN of Haagen. The French wool group PROUVOST forms a 257/33 subsidiary at Dlisseldorf to deal in yarn for synthetic fabrics. F233/29 DRESDNER BANK transfers its minority shareholding in the spinners SCHWANEN­ UNIVERSAL TOWEL CO of Britain (sale and WOLLE TITTEL & KRUEGER of Hamburg, hire of hand towels) sets up a subsidiary at to PATONS & BALDWINS of Britain, who thus Diisseldorf. F243/31 gain control. 258/34

DUBIN-HASKELL of USA, which supplies BRITISH NYLON SPINNERS ("Nylon 66") form fabrics to the clothing industry, forms its a sales subsidiary at Stuttgart. F235/29 second German subsidiary at Bielefeld and appoints a Stuttgart firm as its general agent McGREGOR-DONIGER of USA, which special­ for Germany. 250/30 izes in sports wear, appoi nts a Kassel firm as its representative. 251/24 The Italian silk manufacturers PEREGRINI & V AGHI form a sales subsidiary at Diisseldorf. The French household linen company LAS­ 249/31 POR TES forms a sales subsidiary at Reck­ linghausen. 253/31

Opera Mundi - Europe No. S 1 W. Germany 64

I TOOLS & HARDWARE I

E. BENNER (industrial files and rasps) is ALUMINIUM TOOL & DIE formed at Aix-la­ taken over by the American group H.K. Chapelle by British capital, to sell tools. PORTER. 253/20 247/27

A company is formed at Frankfurt by Swiss INTERLAS of Holland (welding tools) forms a interests to sell "Normaroll" hardware goods. sales subsidiary at Essen. 250/28 255/33

TRADE & DISTRIBUTION

The BANK FUER GEMEINWIR TSCHFT takes The Swiss company INTERSHOP HOLDING a large shareholding in the largest German and its shareholders form a company at Frank­ wholesale company at Frankfurt. 251/25 furt to build a shopping centre. F241/20

TOCK-DEUTSCHLAND is formed at Cologne The Japanese import-export group NISSE! by Belgian interests, to sell toys, furniture SANGYO changes its branch at Diisseldorf and hardware. 248/28 into a subsidiary company.

The Japanese group KANEMATSU changes its Three selling agencies for South-East Asia, Hamburg branch into a subsidiary company,and IKA TOR, INKOPMAC, INGESMA, are formed sets up in France. 252/29 in Hamburg by German and Indonesian interests. 255/35

I TRANSPORT I

The Dutch firm THOMSEN'S HAVENBEDRIJF The German shipping company for the Far gains control of two Hamburg transport com- East, RICKMERSLINIE becomes associated panies, and merges them with its subsidiary with the French shipping group DELMAS­ there. F250/33 VIELJEUX. 246/33

The German inland waterway transport com- MTS, a transport and tourist company, is for­ pany TANKREEDEREI RUHR is taken over by med at Frankfurt to represent various compa­ Swiss interests , F239 /28 nies in the Near East: Turkey, Israel, etc. 247/31 The Hamburg subsidiary of CIE COMMER­ CIALE MARITIME of Paris becomes a sub­ sidiary company. 258/35

I VARIOUS

The Swiss shoe-making group BALLY increa­ RHEINKRAFTWERK KOBLENZ is formed by ses the productive capacity of its Berlin subsi­ German and Swiss interests, to build and run diary. F239 /29 an electricity power station at Coblenz. F241/24 Opera Mundi - Europe No . S 1 W, Germany 65

MEUROP is formed at Aix--la-Chapelle to HUMA of Switzerland ("Surella" massage distribute furniture manufactured by its equipment) forms a sales company at Belgian parent company. F233/29 Baden Baden. F235/30

Two companies which organize fairs and EUROMAR, controlled by French and exhibitions, WALLER of Britain, and American capital, forms a business orga­ WEISSENBORN of Germany, form a joint nization and methods subsidiary at Saar­ subsidiary at Bad Vilbel. F240/32 brucken. 250/31

W. STEEL (DEUTSCHLAND) is formed at The Dutch company ARCH, a shop-fitting Diisseldorf by British interests, to sell and show-case agency, forms a subsidiary furniture. 254/33 at Diisseldorf. 258/36

Opera Mundi - Europe No . S 1 Germany 66

II OPERATIO NS OUTSIDE THE CO MMUNITY

I AUTOMOBILES I

VOLKSWAGENWERK forms a manufacturing sub­ The German manufacturer of trailers, HERB­ sidiary in Mexico. F239/17 ERT VIDAL, forms a sales subsidiary in London. 248/24 HENSCHEL WERKE of Germany and ROOTES MOTOR of Britain form a company in Geneva to build up a sales and maintenance network for a mixed range of lorries. F233/19

BANKING

DEUTSCHE BANK takes a shareholding in UNION DRESDNER BANK takes a minority sharehold­ SENEGALAISE DE BANQUE. F243/24 ing, along with four French groups and an Amsterdam bank, in INDUBAN a new merchant bank formed at Madrid. 246/26

BUILDING

BUILDING MATERIALS

CEGA BETON HOLDING is formed in Switzerland The German profabricated building material to promote the international use of the German company SPANNBETON KOCH, forms a sales "Miider" patents. F234/19 subsidiary in Switzerland. 254/21

KRUPP joins two French firms CIMENTS VICAT and FIVES-LILLE-CAIL, in forming a joint sub­ sidiary to build cement works in Africa. 248/20 I CHEMICALS The Hanover subsidiary of SOLVAY of Belgium LECHLER of Stuttgart (chemicals, synthetic LALIE-CHEMIE AG, gains complete control of fibres, building, special joints, etc) sets up CURATIO, a holding company at Basle. 255/27 five companies in Switzerland. F233/25

UHU WERKE of Germany (glue, ink and polishes The German group KALI-CHEMIE (potassium, etc) forms an investment company at Basle. fertisizers) forms a holding company at Basle. F 238/16 F242/21 DEUTSCHE AMPHIBOLIN gets a manufacturing and dealing associate at Basle. 244/23

Opera Mundi - Europe No. Sl Germany 67

I CONTROL, MEASUREMENT AND REGULATION I

The Madrid subsidiary of the German group DR. REUTLINGER & SOHNE (oscillographs, KIENZLE APPARATE forms a company in Spain balancers, etc) forms a manufacturing and to manufacture control and recording equipment. sales company at Zurich. F239/21 246/28 S. E. LABORATORIES (ENGINEERING) of CHRISTIAN BUERKERT, ELEKTRISCHE GER­ Britain becomes the representative of LUD­ AETE forms a holding company at Zurich. WIG KROHNE for magnetic level and flow F237/18 indicators. F238/22

I ELECTRICAL ENGINEERING

The German heavy electrical engineering group SIEMENS & HALSKE forms a subsidiary at LINDE reorganizes its interests in Spain, and Salonika in Greece to manufacture telecom - takes over SESPA. 248/21 munication equipment. 24 7/23

The German firm KIEPE forms a subsidiary at The German group SABA forms a company in Zurich to manufacture electrical control equip­ London to sell its radio and television sets, ment. 254/21 and tape recorders. 256/23

ENGINEERING I

The brewing machinery firm C. SEEGER of The German group LINDE joins with C. V. Stuttgart joins the British firm ALDERSLEY of HILL OF CANADA, to form a company in Tipton, to form an engineering company in Brit­ London for refrigeration equipment, F237 /21 ain, 245/32 DEUTSCHE BABCOCK & WILCOX gains con-, LURGI, the metallurgical and chemical engineer­ trol of STRAGER MASCHINENFABRIK of ing group, forms a subsidiary in London. 249/24 Austria. 243/24

FINANCE I

COMMERZBANK takes the place of BERLINER GERLING, the Cologne insurance group, HANDELSGESELLSCHAFT as shareholder in the forms a finance company in Switzerland. Swiss holding company SFOM, which is controlled 247/24 by American, Belgian and French interests. 254/27

A German trust company NORD-WEST DEUTS­ CHE TREUHAND at Flensburg forms a holding company, XENIDA, at Basle, 245/27

Opera Mundi - Europe No. Sl Germany 68

I FOOD AND DRINK i

A Bremen company, dealing in coffee, cocoa and "Rothfos" the German group for the import tea forms SCHOFF-HOLDING at Zug, to take and sale of coffee and cocoa, forms a holding shareholdings in similar companies. F237 /23 company in Switzerland. 244/28

The German brewing group BILGER forms two SCHUL THEISS and HOLSTEN, two brewing holding com parries in Switzer land. 245/3 l companies, one at Berlin and the other at Hamburg,join to build a beer factory at Lome, in Togo. 254/25

FURNISHING I

WILHELM KNOLL of Stuttgart (upholstered MOEBEL FACTORING is formed in Switzer­ furniture) forms a sales subsidiary at Chur in land by German capital to sell furniture. Switzerland. F235/30 257 /34

I LEATHER I

BAMAWERK (orthopaedic equipment) forms a The German shoe-maker, H. VOGELS SCHUH­ manufacturing and sales subsidiary in Britain. FABRIK forms COCK, a holding company at 247/25 Glarus. F234/30

MECHANICAL ENGINEERING

LIGHT ENGINEERING

M. & I. LEASING is formed at Basle with Germ­ The German firm PAUL FORKARDT (precision an capital for the hire of machine-tools and in­ tools and machine tools) forms a holding comp­ dustrial equipment. F234/24 any at Zug. F236/21

SUSTAN is formed at Lugano in Switzerland by The German manufacturer ENZINGER (cleaning German capital to manufacture cutting tools. and labelling machines) forms a subsidiary at F241/23 Birmingham for its sales in Britain. 247 /27

The German manufacturer of draftsmen' s desks SOUND CONTROL of Britain obtains a licence FRANZ KUEHLMANN, forms a sales subsidiary from GRUENZWEIG & HARTMANN for silenc·­ at Zurich. 257/34 ers on jet engines. F241/23

Opera Mundi - Europe No. Sl 69 Germany

HEAVY ENGINEERING

As a result of the bankruptcy of HUGO STINNES HUGO STINNES AG takes control of RICHARD INDUSTRIE, CANADA MACHINERY, of Galt, BROS PUNCH of Detroit, and forms a subsidiary Ontario is taken over by DIETER HUGO STIN­ in Argentina to sell machinery. 249 /29 NES, of Canada,J which is owned by the son of H. Stinnes r. 249 /24 A Heidelberg firm making civil -engineering machinery forms a holding company at The German group HANS LIEBHERR (heavy Glarus. 248/28 civil engineering equipment and electrical house­ hold appliances) forms its third holding company A. HAGELSTEIN of Llibeck (civil-engineering in Switzerland, F233/23 equipment) forms a sales subsidiary in Switzer­ land. 255/25 The German group HENSCHEL is extending to Austria the licence it holds from GENERAL MOTORS for "GM" diesel-electric locomotives. F237/19

METALLURGY AND STEEL

The German steel group A. T. H. gains indirect The German MANNESMANN group takes a control of GREENING INDUSTRIES of Canada shareholding in CONCAST INC of New York, (wire, cables, wire netting, etc). F241/26 which specializes in continuous casting. F236/27 KREIDLER'S METALL- & DRAHTWERKE (non-ferrous metals, small motor cycles) forms STOCKO of Wuppertal joins the Mexican subsid­ a fourth holding company at Glarus in Switzer­ iary of an American group, to form a manu-· land. F242/28 facturing company of embossed metallurgical parts. 249 /26 METALLPAPIERFABRIK H. BENKERT (alum­ J. inium sheet, metallic and metallized paper) CONSTANTINE of London is appointed rep­ forms a manufacturing subsidiary in Australia. resentative of a Hamburg ship-yard248/25 belonging F242/31 to PHOENIX-RHEINROHR,

OIL & PETROCHEMICALS I

The Basie holding company of the German PREU­ The German oil importer and distributor, TH. SSAG group forms a sub-holding company to be WEISSER forms a sales subsidiary in London. responsible for the group's transport interests. 246/30 (including oil and gas). F233/27

Opera Mundi - Europe No. Sl Germany 70

OXLEY INDUSTRIES of London are appointed CARL ZEISS forms a company in London to sole representatives for Britain for the amateur sell optical and scientific equipment. 257/36 cinematographic equipment of FRANKA-WERK WOLFGANG HIRSCHMANN. F235/26

PHARMACEUTICALS

H. WILHELM SCHAUMANN (veterinary prod­ CHEMISCHE WERKE HUELS forms a direct ucts, vitamins, etc) forms a financial, manu­ sales subsidiary at Vienna. F240/30 facturing and sales subsidiary at Basle. F240/30

f PLASTICS

MUNK & SCHMITZ KG (plastic tanks and rec­ FARBWERKE HOECHST joins REVERTEX of eptacles for beverages, chemicals and mineral London 50/50 in a British subsidiary to manu­ oils) forms a manufacturing and sales subsid­ facture thermoplastic synthetic resins. iary at Buenos Aires. 244/32 F233/28

The German chemical group BASF takes over DEUTSCHE LINOLEUMWERKE (linoleum, complete control of UNITED CORK, one of its "Tufting" carpets) forms a subsidiary at licencees for "styropor" in the United States. Stockholm. F238/25 F234/28

HOECHST of Germany and PHILIPS (Dutch) The USA subsidiary of FARBWERKE HOECIBT form TERCANAL in the Netherlands to build joins STAUFFER CHEMICAL to build a new a factory for plastic panels, in Sweden. 258/33 factory in America for PVC sheeting. 246/31

TteDEGUSSA group takes control of CELAST­ IC CORP in USA. F236/18

PUBLISHING

LAGENSCHEIDT, the German publishers spec­ C. BERTELSMANN opens a branch at Barcelona. ializing in material for teaching languages, F 239/22 forms a subsidiary at Glarus. 257/34

TEXTILES I

SCHULTE & DIECKHOFF, the largest Germ­ CHRISTIAN & HANRATH, (fabrics for clothing) an manufacturer of stocmings, forms FIWE backs INGOTEX, a holding company at Glarus HOLDING at Fribourg in Switzerland. F234/29 in Switzerland.

Opera Mundi - Europe No. Sl Germany 71

"GUSTAV WINKLER" (textile goods, handker­ The German cotton group "Denk" forms SOPH­ chiefs, etc) forms a manufacturing subsidiary IA INVESTMENT, a holding company, in Swit­ at Zurich. F238/27 zerland. F236/29

KAMMGERNWERKE CONRAD BAREISS & CO The knitwear firm D. ALTMANN forms a man­ forms a subsidiary at Basle to distribute its facturing and sales subsidiary in Switzerland. knitting wools. F238/27 244/33

VARIOUS

The German group ROSENTHAL- PORCELLAN R. GRAF & CIE (surgical equipment and dres­ (all kinds of china) sells its shareholding in sings) forms a manufacturing and sales subsid­ CONTINENTAL CHINA of South Africa (manu­ iary at Berne. 243/32 facture and sale of china). F241/30

TELEPOOL of Munich (affiliated to the Berne The German transport group HANSA takes a and the Vienna radios) opens offices at Zurich minority holding in a subsidiary formed in Lon­ to broadcast television programmes to other don jointly with R. G. SHAW to represent it. countries. 245/36 253/32

The Dlisseldorf advertising agency TROOST forms a subsidiary at Zurich. 255/19

Opera Mundi - Europe No. Sl Italy 72

I OPERATIONS INSIDE THE COMMUNITY

Page Page

ADVERTISING 73 HEATING etc 78

AUTOMOBILES 73 INSURANCE 78

BANKING 73 MECHANICAL ENGINEERING 78 Light BUILDING 73 Heavy Building Agricultural Building Materials Civil Engineering METALLURGY 80

CHEMICALS 74 MOTORS & ACCESSORIES 80

CONTROL, etc 75 OIL & GAS 81

COSMETICS & TOILETRIES 75 PAPER 81

ELECTRICAL ENGINEERING 75 PHARMACEUTICALS 82 Fittings etc Household PLASTICS & RUBBER 82 Radio etc TEXTILES 82 ELECTRONICS 76 TOOLS etc 83 ENGINEERING 77 TRADE 83 FINANCE 77 TRANSPORT 83 FOOD & DRINK 77 VARIOUS 84

II OPERA TIONS OUTSIDE THE COMMUNITY �

AUTOMOBILES 85 OIL & PETROCHEMICALS 85

BANKING & FINANCE 85 PLASTICS 86

ELECTRICAL ENGINEERING & TEXTILES 86 ELECTRONICS 85 VARIOUS 86 FOOD & DRINK 85

Opera Mundi - Europe No . S 1 Italy 73 I OPERATIONS INSIDE TH E CO MMUNITY

I ADVERTISING I

B. D. L. - BROSE R. L. DUPUY, LONDSDALE RADAR & BENSON, a Milan advertising HANDS INTERNATIONAL MARKETING & and marketing company formed by Italian ADVERTISING is formed at Milan by German, and British interests, is taken over by French and British interests, and will take American interests. 247 /30 over the advertising accounts of the Italian agency BENNELI. F 240/32 ROYDS of London obtains a second sub­ sidiary in Milan, by taking shares in an EUROPLAN, an advertising agency, is formed Italian firm I. M.A. 254/30 in Milan by the German group G. F. A. 256/20

BRULLMANN & CONTINI of Switzerland and ADVERTISING INTERNATIONAL of Britain join to form an advertising agency in Milan. 256/20

I AUTOMOBILES I

DAF of the Netherlands signs two concession The German companies NSU and WANKEL, and sales agreements, one at Rome and one grant the licence for the "Wankel" rotary at Milan. F 241/18 engine to ALFA-ROMEO of Milan.F 237/14

BANCA NAZIONALE DELL' AGRICUL TURA HAMBROS bank, London, takes a minority takes over several commercial banks in interest in BANCA PRIV AT A FINANZIARIA Rome. 249 /25 of Milan. 255/28

BUILDING I

BUILDING SKANSKA CEMENTGJUTERIET, of Sweden, J. BROCKHOUS'E & CO of Britain hands over forms a company in Rome for prefabricated to IRCOM, of Italy, half of the capital of houses. F 233/19 COSTRUZIONI MODULAR! of Milan which specializes in the "Claps" system for school buildings. F 237/14

Opera Mundi - Europe No. Sl Italy 74

BUILDING MA TE RIALS

An Australian group joins with FIME of Italy ARMANDO DOSSENA-LATERIZI is for­ to form PIONEER CONCRETE in Milan, to build med with Swiss capital to manufacture concrete works. 255/25 and sell bricks. F 242/20

CIVIL ENGINEERING

The Italian group FERROBETON takes over Four Italian groups form a company, the marine construction company STA ITALIANA SOCOMET - COSTRUZIONE METROPOL­ PER LAVORI MARITIME of Rome. 244/23 ITANA, in Milan to build new underground railway lines. 254/20

CHEMICALS

LA CARBONIQUE SA of France gains control CHIMICA DELL-ANIENE, a member of of STA INDUSTRIALE CANDIA-FABBRICA the Belgian group SOLVAY, takes over IT A LIANA DI ACIDO CARBO NICO, of Milan, LAVORAZIONI CHIMICHE & AFFINI of a company specializing· · in solid and liquid Milan. F 235/20 carbon dioxide. F 237/17 DEGREMONT of France (chemical water­ BRITISH OXYGEN of London forms a sub­ softeners and purifiers) forms a sales, sidiary in Milan for electric welding and manufacturing and research subsidiary in takes a substantial shareholding in an Milan. F 233/20 Italian anaesthetic equipment company. F 237/27 DELTA EUROPA; is formed by Italian and American interests to manufacture protein AMINOV A Co formed in Milan by Japanese concentrates (F 239 /17) in a factory being and Swiss interests to manufacture monoso­ built at Calle Lomellina, Lombardy. dium glutamate (F 237/16) and to sell it on 245/27 the Italian market. 248/23 Tw:> Swiss groups, at Zurich and Zollikon TERNI (nitrates, calcium carbide) joins the form COLUMBIT at Sottala, Milan, to oil group ENI to form TERNI-CHIMICA, a manufacture varnish, enamel and paints. company to manufacture fertilizers and ammonia. 257/28

The Italian firm ELETTRICA & ELETTRO - LORRIEUX-LE FRANC (inks) forms a company CHIMICA DEL CAFFARO obtains sole sel­ in Milan for the sale of high-quality paints ling rights for the agricultural chemicals and dyes. 258/20 made by MONTESHELL, Milan. F 241/20

Opera Mundi - Europe No. Sl Italy 75

[ CONTROL, MEASUREMENT & AUTOMATION

STA ELECTTRONICA APPARECCHIATURE The Italian subsidiary of SQUARE D Co & COMPONENT! (scientific instruments of America (electro-mechanical, elec­ and equipment for industrial measurement trical and electronic control and regula­ and control) is owned ( 75%) by the Swiss tion systems) increases its plant at investment c'ompany FINELEKTRON. Genoa. 244/24 F 243/23 H. M. HOBSON, a British firm, (control The Turin subsidiary of ROBERTSHAW and measurement equipment for the CONTROL takes ov/r the manufacture of aeronautical industry, the atomic indus­ gas thermostats from the group's subsidiary try, etc.) forms a sales subsidiary in in France. 256/26 Milan. F 243/19

The American group HEWLETT-PACKARD (transistorized me ters for measuring time) forms a sales subsidiary in Milan. F 243/22

I COSMETICS AND TOILETRIES

The two Italian subsidiaries of the Dutch A British group, THE WELLCOME FOUN­ group INDOLA (cosmetics and equipment for DATION, increases its interests in Italy hairdressing salons) merge. F. 242/30 by taking a large shareholding in an insecticide factory in Rome. 251/18 RECKITT & COLMAN HOLDINGS forms a subsidiary at Genoa to manufacture waxes SOLITAIRE, the French manufacturer and varnish. F 234/30 of toilet and household articles, which has links with Swedish interests, forms a The Turin sales subsidiary of HELENE manufacturing and sales subsidiary in CURTIS, the American toilet products Milan. 244/31 company goes into liquidation. 25 7 /29

ELECTRICAL ENGINEERING I

FITTINGS, ETC.

Merger of two Italian subsidiaries (one of EUROCA VI of Milan takes over two other which was only recently taken over) of the Italian companies manufacturing electric American group GENERAL TELEPHONE; wire. 2�3 /22 both specialize252/22 in electrical and telephonic equipment.

Opera Mundi - Europe No. Sl Italy 76

I. S. A. P. of Italy and STE FINANCIERE PAINTON & CO, the British manufacturers ITALO-SUISSE of Switzerland join to form ·· of connectors and light electrical equipment MELANDRI FIEMI in Italy to manufacture take over their distributor in Italy. F 238/18 electric cables, and FIEMI - SUD to manu­ facture electric conductors. F 236/19 PIRELLI takes shares in SOLARI, an Italian company for electrical precision CROUSE-HINDS CO of USA joins with MACHNE equipment. 254/22 of Italy to form a subsidiary in Trieste. F 234/22 FUSARC IT ALIANA is formed in Milan by British capital to sell electrical welding 240/23 CLAUDE PAZ & VISSEAUX, the French tools. F lighting equipment company, forms a sales subsidiary in Milan. 248/21 PILES WONDER, the French portable lighting equipment co mpany, forms its TECO-TECHNICAL Co. of Italy is appointed second Common Market sales subsidiary, representative by the Japanese group HITACHI at Milan. 250/23 SEISAKUSHO for its elec trical fittings for cars. F 239/19 The Bologna subsidiary of the BREDA group becomes the representative and maintenance GRECO of Milan, manufacturers of dials, agent for the outboard motors of the become licences for WESTINGHOUSE Swedish group ELEKTROLUX. 245/28 ELECTRIC prismatic lamps. 251/19

HOUSEHOLD APPLIANCES

DOMOWATT qf Turin, makers of refrigera­ WASHING MACHINES HOLDING, a Swiss tors and washing-machines, are taken over company, finances the moderni:zation of from STUDEBAKER by SINGER. another of CASTOR DE CASARINI & FRUS, Italian American group. 252/21. washing-machine manufactures. 244/24

SOUND, RADIO & TELEVISION

The American group ADMIRAL closes down MAGNET! MARELLI (fittings for radio its Italian subsidiary which manufactured and T. V.) is taken over by GENERAL "Admiral" and "Finest" radio sets. 251/19 TELEPHONE & ELECTRONIC , of U.S. A. 239/23 7 F

I ELECTRONics\

METAL INDIBTRIES of Britain take over a A group of five Italian companies take over 50% interest in INTERNATIONAL RECTIFIER from the Olivetti family half its sharehol � CORP ITALIANA (diodes and semi-conduc­ ding in the rrechanical engineering and tors) from PIEMONTESE SVILUPPO INDUS­ electronics group OLIVETTI & CO of Ivrea. /20 TRIALE. F 237 The ·new board of ·the companyrcontinues ne­ gotiations with GENERAL E:CECTRIGof USA with a view to association .. · 255/26 Opera Mundi - Europe No. Sl Italy 77

ENGINEERING

ALCOM ITALIANA, a chemical engineering As a result of an agreement between GIBBS company, is formed by two American chemi­ & HILL of USA and ELECTROCONSULT cal engineering concerns, PROCESS HEATERS of Italy, a joint subsidiary is formed to and ALCOM COMBUSTION CO. F 236/22 build electrical and nuclear power stations. 253/22 DRYSIS EQUIPMENT ITALIANA is formed to install the automatic painting and varnishing equipment of the British group CARRIER ENGINEERING. F 238/20

I FINANCE!

After taking over the investment company Merger of the Florence investment com - S. A. D. E. of Venice, MONTECATINI forms panies SESO and TIFEO, which used to FINANZIARIA ADRIATICA-SADE for the be electricity companies of the BASTOGI industrial development of il Veneto. 255/29 group in Florence. 258/27

Two Milan finance companies GESTIONI SELLA HOLDING of Switzerland forms a ELBITEX and KAPITALIA FINANZIARIA finance company in Milan F 234/24 are formed, one controlled by Swiss interests and the other by Liechtenstein interests. RENAULT forms a car finance company F 233/26 at Milan. 252/25

Two Belgian financial groups join C. I. S. I. T. ARMIGER, an investment company, is of Milan to form250/20 a company to finance holi­ formed at Milan by Swiss interests. day centres. 252/25

The American stockbrokers MERRILL LYNCH COMPARTECIPAZIONI GESTIONI open a branch in Milan. F 243/24 FINANZIAMENTI, an investment company is formed by Swiss interests. F 243/25

I FOOD AND DRINK I

BEATRICE & MOTTA is formed in Italy by COLGATE PALMOLIVE Co forms a sub­ American and Italian interests, to make sidiary in Milan to manufacture foodstuffs "snacks". F 238/23 and dietetic products. F 242/27

H.J. HEINZ Co of America increases the ILLY of Trieste builds a factory at Paulo, capitalPLASMON. of its Milan subsidiary, STA DEL for the preparation of coffee, mainly for F 242/27 export. 245/31

Opera Mundi - Europe No. Sl Italy 78

GREEN GIANT of Milan, which is control­ The American group JEWEL TEA joins led by American interests, builds a vege­ with MOTTA of Naples to form a super­ table canning plant near Cremona, where market company SIAS, in order to extend it is setting up another office. 252/26 its activities to Northern Italy. 256/24

VAN NEELLE of Holland joins with The US group NATIONAL DAIRY PRODUCTS Italian interests on a 50-50 basis to form forms a sales subsidiary in Milan. 245/31 a company at San Donato Milano to sell tropical commodities and foodstuffs. CARPANO, the Italian spirits manufactu­ F 234/25 rers, obtain the sole agency for Italy, for the aperitifs of the French group SUZE. 255/30

HEATING, AIR-CONDITIONING, REFRIGERATION AND VENTILATION

The Italian subsidiary of the American C. T. C. , the Swedish group (heating heating equipment company AMERICAN equipment) forms a sales subsidiary in RADIATOR & STANDARD SANITARY CORP Milan. F 238/19 changes its name to IDEAL STANDARD INDUSTRIAL. F 235/22

I INSURANCE i·

The French insurance company LA NA TIO­ Reorganisation of SGCA - GENERALE NALE closes down its general agent's DI CONSULENZA ADMINISTRATIVA of offices for Italy, in Rome. 251/20 Turin, an insurance company controlled by French, German and Belgian capital. LIBERTY SOC. ANGLO-ITALIANA RAPPRE­ 244/28 SENTANZE ASSICURATIVE of Milan takes over the representation of three London The American insurance group JOHNSON insurance companies. 244/29 & HIGGIN, forms a subsidiary in Milan which will be responsible for its operations on -the continent of Europe. 253 /26

MECHANICAL ENGINEERING I

LIGHT ENGINEERING

R. B. V. MARINELLI is formed at Milan The Italian PIAGGIO group hands over its by an association of French and Italian aircraft operations to a subsidiary formed interests, to manufacture and sell spindles for the purpose. F 238/17. milling cutters and other cutting tools. F 243/22

Opera Mundi - Europe No. Sl Italy 79 I. V .A. - ITALIANA VOLUMAIR is fo.n11cd Austrian interests contribute to form to sell "A. ROCHE" paint and variti:-ch guns. LABORATORIUM STRAUSS ILIANA SA, an F238/20 import-export agency for machinery, in Milan. 252/26

HEAVY ENGINEERING

HUYCK CORP of USA increases the capital D.S. M. is formed in Milan by Swiss of its Italian subsidiary FORMFEX ITALIA interests to sell civil engineering equipment, which makes paper machinery and F236/21 accessories. 244/29 KONIG HELMUT & CO has been formed in The German group KRAUSS-MAFFEI (plant Italy with German capital to sell machinery for the chemical industry) forms a sales of all kinds. F238/21 subsidiary in Milan. F238 /19 ORENSTEIN-KOPPEL of Germany (excavators, METAL INDUSTRIES of Britain (electro­ locomotors, motorcompressors, dredgers) mechanical machinery, hydraulic machinery, sets up a new sales organization in Milan, etc) opens an indirect branch in Milan. F242/24 F239/22 WINKLER, the German manufacturers of HENRY R. JAHN & SON (heavy civil bakery equipment, form a sales subsidiary engineering machinery) sets up a sales sub­ in Milan, 248/23 sidiary in Milan. F243/20 The Milan sales subsidiary of J.C. BAM­ MIAG, the German industrial machinery FORD of Rochester, the British manu - group, forms a sales subsidiary in Milan. facturers of civil engineering equipment, 250/27 goes into liquidation. 256/27

AGRICULTURAL MACHINERY

GASCOIGNES, the British agricultural BEKOTO of France forms a sales subsidiary equipment group, takes over complete con­ in Milan. 253/28 trol of its two subsidiaries, in Milan and France. 248/19 OTO MELARA of La Spezia obtains a licence from WISCONSIN MOTOR for SPRINGFIELD QUICK, the American its auxiliary agricultural motors up agricultural machinery manufacturers, to 60 h.p. 258/29 appoint representatives in Italy. 254/26

Opera Mundi - Europe No . S1 Italy 80

METALLURGY r 1

The metallurgical group, METALLI, .of A German subsidiary of the Belgian group Rome and Floren ce, takes over a former SOLVAY ,increases its shareholding in electricity company at Pistoia belonging to SABED, of Massa, which manufactures the LA CENTRALE Group. 245/29 . barium. 253/21

INLAND STEEL of USA takes a large share­ RICVA, the Swiss-Italian group, forms holding in SOMAGLIA of Milan, which a metallurgical sales company ar ·Milan., _d manufactures sec tions for the building F 241/27 industry. 257 /34 ELCO, the Swiss manufacturers of oil OTTO DURR of Germany, a metal working burners, build up a sales network in company, opens offices in Milan. 246/29 Ita_ly, and form a sales subsidiary in Paris. L.48/24 GENERALE DE - FONDER IE of France and FARAD of Italy join to form a company SETCET of Lyons, the French foundry for the sale of metallurgical products. company (burners, furnaces, boilers) 252/28 joins with CO. VE. PI of Italy to form a joint sales subsidiary in Milan. 253/27 GONTERMANN-PEIPERS, of Germany, which specializes in plant for rolling mills, The Genoa subsidiary of the Belgian group gives up its agency agreement in Italy LEON BEKAERT (steel wool) opens offices with RUHR ACCIAI. F 242/27 in Milan. 258/31

I MOTORS AND. ACCESSORIES

The Italian subsidiary of FERODO of Britain The Turin group R. I. V. is taken over by builds a factory at Mondovi, F 235 /22 the Swedish group S. K. F. (bearings) and the two pool their interests in the Common TRIONE of Turin, which manufactures Market. 245 /25 bearings, is taken over by American interests. 248/24 NADELLA of France (needle bearings) increases the capital of its Milan sales RED JACKET ITALIANA is formed in subsidiary. F 238/20 Milan by American interests to manu­ facture valves. 246/28 HEWITT-ROBINS, the American manufac­ turers of reducing gear, appoint represen­ tatives in Italy. 245/23

Opera Mundi - Europe No. Sl Italy 81

I OIL AND GAS I

The American oil groups PURE OIL CO and Reorganization of the Turin subsidiary WESTATES PETROLEUM CO sign an agree­ of the French oil group LA MURE. ment to finance prospecting and drilling F 243/26 permits held by the Italian group AUSONIA A MINERARIA. 244/30 subsidiary of C. F. P. of France gains control of two oil distribution companies PETROPAR of France forms a subsidiary in at Rome and Cueno. 249/30 Rome for oil research, drilling, processing and distribution. F 243/26 The Belgian group PETROFINA finances a 3 million ton refinery at Pantano di The Belgian oil group PETROFINA and the Grano, on behalf of its indirect subsidiary American', ' one PHILLIPS PETROLEUM join at Rome. 252/28 to build up a network in Milan for the processing and sale of liquid gas. 246/30 MONTECATINI and SNIA VISCOSA two Italian chemical groups, join to The Italian State group ENI and AMBASSA­ form a subsidiary for oil research in DOR OIL of America become associated for Italy. 255/33 the use of oil research permits in Sicily. 257 /35

Merger within the Milan paper group A. AHLSTROM of Finland signs CARTIE RO BENIAMINO DONZ ELLI. an industrial, technical and financial F 237 /24 agreement with the Turin paper company CARTIERE BOSSO GIACOMO. The Italian State group I. R. I. hands over F 234/26 the control of the Italian-American paper Company CELDIT, of Rome and Chieti, to The Italian paper works at Carmignano its associate S. M. E. 251/23 and the French paper works at Pont­ Ste-Maxence are both taken over by The Swedish BONNIER joins BIANCHI, the joint Swedish-Swiss interests. MO Milan cardboo.rd company, to form a joint OCH DOMSJO' A/B 255/34 paper packaging subsidiary. 256/29 WILH. JACKSTADT, the German The American group AVERY ADHESIVE manufacturers of adhesive paper, PRODUCTS (paper, wrappers, films and form a sales subsidiary in Milan. 255/34 adhesive pickaging material) sets up a sales subsidiary in Milan. F 239/27

Opera Mundi - Europe No Sl Italy 82

I PHARMACEUTICAL�

OSF A BIOF ARMACEUTICI is taken over by Acting through its Dutch subsidiary the LABORATOIRES DIAMANT of France. F240/29 American pharmaceutical group PENNSALT CHEMICALS gains control of PERSEA of GREGG (bandages), which is owned 50/50 by Italy (dithiocarbamates, methylamines and the American groups KENDALL and OLIN surface-active products). 244/31 MATHIESON, through SQUIBB, Rome, changes its name to CURITY. F 233/28 LABO RATO IRES PHARMACEUTIQUES REUNIS is formed in Milan, under British DOW CHEMICAL negotiates for a shareholding control. 257 /36 in LEDOGA of Milan, which is itself associated in Italy with a number of American pharmaceu­ SCHERING of USA branches out into Italy tical groups (246/30) and finally obtains large and forms a second (indirect) manufacturing shareholding. 249 /2 8 and sales subsidiary at Comazzo- Milan. 246/30

RICHARDSON-MERRELL gains control of three pharmaceutical concerns at Naples and Rome. 255/34 cs IPLASTI AND RUBBER I

ALLIED CHEMICAL OF New York joins The Italian plastics manufacturer C,I,P,S. PREALPINA MON: EFLUORO, INDUSTRIALE of Filago, Bergamo forms a sales subsi­ & FINANZIARIA and CERAMICA POZZI, to diary in Milan. 246/22 form a subsidiary company for the manufacture of plastics in Southern Italy. F 234/20 GATES RUBBER (tyres, belting and tubes) forms a sales subsidiary in Milan. 256/30 The Italian subsidiary of I. C. I. signs an agency agreement for its plastics manufactures with HERCULES POWDER of USA and MONTE­ BEGHE & CHIAPETA of Milan. F 233/29 CA TINI of Italy exchange patents for the manufacture of polypropylene. 254/30

I TEXTILES l

MANIF ATTURA LYONS is formed in Milan by LUCRECIA is formed at Florence by two Canadian interests for textile finishing, dying Japanese companies to import and make and processing. F 244/30 up their synthetic fabrics. F 238/26

Opera Mundi - Europe No. S 1 Italy 83

The Japanese textile company KANEGAFUCHI The German textile firm KARL HOECK SPINNING CO (noted for silks) forms a manu­ (fabrics for the clothing industry) forms 0 facturing and sales subsidiary in Milan a manufacturing and sales subsidiary at F 243/27 Bari. F 243/27

GIF ACIS is formed in Milan by Italian and ITALO-FRANCESE MAGLIERIA & Swiss (minority ) interests to distribute tex­ ABBIGLIAMENTO is formed at Milan, tiles, linen and clothing. 256/31 partly by French interests, to import raw materials for the clothing industry. The British carpet manufacturers THOS. BOND F 241/29 WORTH, join local interests to form a sales subsidiary in Italy. 252/2 8

INDUSTRIE MACCHINE & ATREZZATURE TRUCK ACCESSORIES of USA enters into SPECIAL! is formed in Milan by American negotiation in Italy with a view to granting and Italian interests, to manufacture and sell a licence for the manufacture of its lorry tools and equipment. F 243/21 jacks. F 240/24

I TRADE & DISTRIBUTION I

WETZLAR DI PAOLO FRANZETTI, is formed The American import-export company in Milan by Swiss capital to wholesale goods ERMOS INTERNATIONAL opens a branch from the Far- East. F 240/23 in Milan. F 240/23

The Milan branch of C. ITOH & CO, of Japan The Milan branch of the Japanese import­ becomes a subsidiary . 246 /32 export company TOYO MENKA becomes a subsidiary. 250/31 INTEREXCHANGE of Milan becomes the sole agent for a Japanese import-export firm. 246/32

The Italian State group IRI forms an air trans­ The American group A VIS forms a car­ port company to meet the requirements of its hire company in Milan. 256/21 associates. 253/32

Opera Mundi - Europe No. SI Italy 84

I VARIOUS

Owing to the nationalization of electricity, the Important take-over effected by the Turin State-group IRI takes over two more companies. group S. LP. which becomes the sole F 241/25 concessionnaire for telephones in Italy, and is taken over by STET of Rome, a holding ENGLISH CHINA CLAYS forms a company company of the State-group IRI. 258/24 in Milan to prospect for, mine and export, kaolin, clay, quartz, talc, feldspar, etc. The Swiss cinema company SONOSYSTEM F 238/28 forms two subsidiaries in Milan, F 248/27

VARIAN of America forms a subsidiary at The French medical equipment firm Turin to manufacture and sell electronic and AUTOMASSOR forms a sales subsidiary scientific instruments and tools. 257 /30 in Milan. F 238/28

INTERNATIONAL SHOE CO of USA forms CHRONITAL is formed in Milan by a subsidiary at Florence to buy Italian shoes associated Swiss and Italian interests for re""sale in USA. F 240/22 to import and sell watches, clocks, etc. F 241/20 Q. V. F . the British glass company forms a subsidiary in Milan to sell its laboratory, scientific and industrial glass. F 243/28 Italy 85

II OPERATIONS OUTSIDE TH E COMMUNITY

I AUTOMOBILES l

The FIAT group cuts down the activities of OFFICINE VIBERT! of Turin grants two the company representing it in Austria, Spanish groups a licence for the manu­ making it purely a sales company. F 237/14 facture of trailer buses. 251/17

I BANKING AND FINANCE

FERROBETON the Italian civil engineering BANCO DI SICILIA joins a San Francisco company, opens a finance branch for Swit­ bank in order to change its offices in zerland, at Lugano. F 236/18 Libya into a subsiary company. 252/24

BANCA PRIV AT A FINANZ IARA of Milan and the I. F. I. group of Turin joins American, Dutch and French banks to form a new bank at Barcelona. 255 /28

ELECTRICAL ENGINEERING AND ELECTRONICS

D. E. F. IGNIS is formed at Barcelona to APPARECCHI Ell.ETTRONICI MARPOSS, distribute the refrigerators of the Italian the Italian manufacturer of electronic group IGNIS. F 239/20 measurement and control equipment, forms a sales subsidiary in the United G. E. C. (DOMESTIC EQUIPMENT) of London States. F 240/25 has been appointed UK and Commonwealth distributor for refrigerators made by the Italian group IGNIS. F 233/22

I FOOD AND DRINK I

The Naples canning company FARINO forms a The Italian wine merchants FERRARI vegetable canning factory in Senegal. 24 7/24 and MELINI appoint two new companies to represent them in Switzerland. 247/24

1 OIL_ AND PETROCHEMICALS I .

MONTECATINI takes a 37.6 % interest in ENI forms two prospecting and engineer­ SHINETSU KAGARU of Japan, a company ing subsidiaries in Switzerland. 24 7/28 specializing in acetylene and methanol obtained from natural gas. F 236/27 Opera Mundi - Europe No. Sl Italy 86

I PLASTICS I

RUMIANCA of Turin appoints TAR RESIDUALS MONTECATINI and the American company of Britain sole distributors for its plastic goods HERCULES POWDER exchange patents (polythene and P. V. C.) in Britain 255/35 for polypropylene. 254/30

I TEXTILES I

CHATILLON of Italy forms a subsidiary BASSETTI of Milan forms a sales subsi­ to sell its "Helion" rayon in Britain and diary in London 250 /31 the Commonwealth. F 243/28

I VARIOus!

MINIERE RIUNITE VARESINE and LABO­ VITRUVIT of Italy joins the Belgian-Greek RA TO RIO CHIMICO LOMBARDO join group VIOHALCO-SANITAS of Athens to form a company in Greece to deal in to form a joint subsidiary in Gree ce to minerals, and another to mine magnesite. manufacture porcelain sanitary equipment. F 243/25 250/20 Nether lands 8 7

l OPERATIONS INSIDE THE COMMUN1T1

Page Page

OFFICE MACHINERY BANKING 88 94

BUILDING 88 OIL 94 Building Finance PACKAGING 95 Property Development & Management PHARMACEUTICALS 95 Building Materials Civil Engineering PLASTICS 95 CHEMICALS PUBLISHING 89 95 CONTROL & MEASUREMENT 90 TEXTILES 96 COSMETICS & TOILETRIES 90 TIMBER 96

ELECTRICAL ENGINEERING 90 TOBACCO 96

ENGINEERING 90 TOOLS 96

FINANCE 91 TOURISM 97

FOOD & DRINK 91 TRADE & DISTRIBUTION 97 FURNISHING TRANSPORT 92 97

GLASS 92 VARIOUS 98

HEATING etc 92

INSURANCE 92

LEATHER 92

MECHANICAL ENGINEERING 93 Light Heavy Precision

METALLURGY 94

Nether lands 92

Five Dutch preserving firms form a joint international group, CECI, 248/23

I FURNISHING I

The Dutch finance company EXPLOITATIE­ The British window decoration firm ADEL MIJ "PROMEX" helps to form two furniture ROOTSTEIN forms a sales subsidiary at manufacturing companies in Holland. Amsterdam. 249/30 F242/31

The French manufacturer of packaging glass CORNING GLASS WORKS of USA forms its SOUCHON-NEUVESEL takes a shareholding first manufacturing subsidiary in Europe, at in VERENIGDE GLASFABRIEKEN of Groningen, F234/30 Schiedam. 255/30

I HEATING, VENTILATION, REFRIGERATION, AIR-CONDITIONING

AMERICAN AIR FILTER forms its first The American group TRANE de-centralizes Common Market manufacturing subsidiary at its sales interests in Benelux and forms a Amsterdam. 249/26 and 255/25 second subsidiary at Bussum O 255/31

I INSURANCE I

The Swiss insurance group SCHWEIZERISCHE Seven Dutch property construction companies RUECKVERSICHERUNGS takes a minority form BUREAU INTERFINANCIERING at O shareholding in NA TIONALE NEDERLANDEN Arnhem for insurance broking 251/20 of Delft. 258/28

German and Dutch interests form a car insurance company at Amsterdam, DE AUTO··:. SCHADE INTERNATIONALE VERZEKK RINGS . F242/19

I LEATHER

OSCAR WIGEN, the Swedish leather firm, Industrial expansionO of the Dutch leather forms a manufacturing and sales subsidiary manufacturers C.J GAST. F237 /27 in Holland. F233/29

Opera Mundi - Europe No . S 1 Netherlands 93

The Swedish leather-goods firm MILES & WARNBERG sets up a manufacturing and sales subsidiary at Utrecht, F239 /29

MECHANICAL ENGINEERING

LIGHT ENGINEERING

ADLER-NAALMACHINES NEDERLAND is The Swedish group HUSQVARNA VAPENFA­ formed in Holland by associated German and BRIKS (weapons, bicycles, motors, and Dutch interests, to make sewing machines, household appliances) forms a sales subsidiary typewriters, etc. F238/20 at Amsterdam, F239 /2 l

The Australian group W ,R, WRIGHT & CO SOABAR CO of America (textile labelling ("Pax" and "Pinnock" sewing machines) forms machines) forms a sales subsidiary at The a hire-purchase subsidiary at The Hague. Hague. F242/25 F241/22 The German pump manufacturer LOEWE The German manufacturer of lift-trucks, forms a sales subsidiary at The Hague, JUNGHEINRICH forms a sales subsidiary at F258/30 Pijnacker. 255/31

HEAVY ENGINEERING

Two companies at Helmond, NEDERLANDSE The Dutch civil -engineering firm AMSTER - SCHROEFBOUTENFABRIEK and EVERTS DAMSCHE BALLAST branches out into ship­ VAN DER WEYDEN, which make tools and building and mechanical engineering. equipment for the building industry and civil,� F242/20 engineering, place their sales activities in the hands of a joint subsidiary. 249 /21

ZWEEGERS is formed at Geldrop by Dutch interests to manufacture agricultural machi- nery and tools. 245/25

PRECISION ENGINEERING

KURIBAYASHI CAMERA INDUSTRY of Japan M, & J. INTERNATIONAL is formed by (optical, photographic and cinematographic American capital to manufacture valves for equipment) changes its branch at The Hague the gas and petrochemicals industries . into a manufacturing subsidiary, F242/29 244/29

The German watchmakers OHREN WEISS have finally formed a sales subsidiary at Amsterdam, F23 7 /2 7

Opera Mundi - Europe No . S 1 Nether lands 94 I METALLURGY I

Merger of two Dutch metallurgicalo sales com - SILLER & JAMART of Germany (cauldrons, parries, VAN DE WALL and A HELDERS receptacles for the chemical industry) takes & SOHNE, F238/24 a 20% shareholding in its Benelux distributors , F243/21 The British metallurgical group HARRISON (BIRMINGHAM) forms a manufacturing and HOOGOVENS (majority shareholders) and sales subsidiary at Amsterdam for metal BILLITON join the Swiss group ALUSUISSE and machinery. F242/27 to form a joint subsidiary to build an aluminium works at DelfzijL 249/20 The French company STRAFOR HAUSER­ MAN, which is controlled by Franco···Ameri­ The Dutch foundry company for enamel can interests, joins BRAAT of Delft to form household ware DIEPENBROCK & REIGERS, a company for metal sheet and panels for the of Delft, forms a subsidiary for its sales building industry, 255/26 abroad, 257/33

�OTORS & ACCESSORIES

Under the terms of an agreement giving the POWER TRANSMISSION ENGINEERING of Swedish group SKF control of RIV of Turin, Belgium forms a sales subsidiary in a holding company is to be formed in the Rotterdam. 253/27 Netherlands to control their respective sub­ sidiaries in the Common Market. F245/25

I OFFICE MACHINERY J

T!te Dutch safes and safety-locks firm LIPS J(LRGEN S. LIEN INDUSTRIER of Norway gains control of the office furniture and (adding machines, cash registers) form a machinery firm GISPEN'S FABRIEK and sales subsidiary at The Hague. F240/27 becomes a holding company. F236/26

The Anglo-American group RANK-XEROX has chosen Venray in Holland to be its manu - facturing centre for the Common Market, 248/26

The French groups CFP, RAP and BRP The French group UGP forms a sales and form PETROLAND in the Netherlands, for manufacturing subsidiary at Rotterdam, off-shore prospecting, 253/29 and 256/30 253/29

Opera Mundi - Europe No. SI Netherlands 95

SUPERIOR OIL of USA sets up in Amster­ The Dutch oil distribution group SHV ("Pam" dam. 258/32 network) acquires new subsidiary. F240/29 I PACKAGING I

The UNILEVER group takes over KOCH & Closer links between SOBEMI of Belgium and KNUTTEL of Gouda (special printing on THOMASSEN & DRIJVER of the Netherlands. packages). F256/32 254/28

PHARMACEUTICALS I

The Dutch pharmaceutical company CEDER­ The German pharmaceutical group C. F. ROTH HOLLAND, Alkmaar, is taken over by BOEHRINGER & SOEHNE forms a manu­ a holding company formed at Geneva by the facturing and sales subsidiary at Amsterdam. Swedish parent company. 248/26 F235/27

The Swedish pharmaceutical group LEO The Dutch pharmaceutical and foodstuffs forms an international management subsidiary group ZWANENBERG-ORGANON forms a and a manufacturing and sales subsidiary, subsidiary in the Netherlands to distribute both at Amsterdam. F238/25 pharmaceuticals. F235/28

I PLASTIC�

COMMERCIAL PLASTICS INDUSTRIES of The group of companies manufacturing Britain takes over its associate BOEKELOS­ "Thermopal" plastic sheets and panels CHE STOOMBLEEKERIJ, a company at separates itself from the German group Enschede manufacturing polythene and PVC. H.D. KRAGES. F234/29 257/37 Two Dutch subsidiaries of the German group YOSHIDA SEIKO MANUFACTURING of Japan HOECHST and the Dutch group PHILIPS form (plastic zip fasteners) forms a manufacturing a subsidiary at Weert for decorative plastic subsidiary at Sneek. F238/25 panels. 258/33

PUBLISHING I

The German publishers OTTO MAIER form The Dutch daily newspaper HET PAROOL a subsidiary at Arnhem, F23 7/20 forms a publishing company. 244/33

The Belgian firm ERASME forms a subsidiary The advertising agents TASEC of Nassau, at Utrecht to sell books and stationery. Bahamas, form a company at Amsterdam to F248/28 publish annuals and commercial handbooks . 258/33

Opera Mundi - Europe No . S 1 Nether lands 96

I

I TEXTILES I

The American group MIDLAND-ROSS takes The French group PRENATAL gains control minority shares in NYMA of Nijmegen. of MOEDER & KIND of Amsterdam, in 251/24 which it already held shares. 257/37

HENGELOSCHE TEXTIELFABRIEK joins with RAMIE UNION of Enschede hands over its THE NARROW FABRIK of USA (elastic lace textile department to a new subsidiary formed and ribbons) to form a lace-making company jointly with TEXTIEL UNION. 24 7 /32 in Holland. F235/29 The Amsterdam clothing manufactureres BEGA, a men's wear firm, is formed at The M. STIBBE form a subsidiary for the sale of Hague by two companies, one of Almelo and fabrics, 251/25 the other of The Hague. F256/32

SABRE, the British sportswear manufacturers, form their first Common Market subsidiary in Amsterdam. 251/25

The investment company INTERNA TIO of Re-organization of the Delft group HORDIJK, Rotterdam adds to its interests in the timber which deals in wood for packaging, building, industry by gaining control of C. BERGER of etc: a holding company is formed to control Rotterdam. 248/28 four new companies engaged in various activi - ties, two at Delft, one at Zaandam and one at Berkel. 251/23

I TOBACCO I

GALLAHER, the British tobacco manufact­ AGIO of Duizel forms a subsidiary to special­ urers, take a 25% shareholding in the Dutch ize in cigars. F250/33 manufacturing firm THEODORUS NIEMEIJER (F243/27) and form a holding company at The Hague to administer it. 253/31

The German manufacturer of portable tools, The British group JOHN BROWN forms FBT EUGEN LUTZ, forms a Benelux sales subsi­ SPEEDICUT at Schiedam to sell cutting tools . diary at Amsterdam. F238/20 258/30

Opera Mundi - Europe No , S 1 Nether lands 97

I TOURISM I

The Swiss travel agency TRAVEL-SPORT Eleven hotel companies formed in the Nether­ forms a subsidiary at Rotterdam. F241/30 lands by the VAN DER VALK group of Voor­ schoten. 255/31

I TRADE & DISTRIBUTION I

The Belgian group GRAND BAZAR D'ANVERS VROOM & DREESMANN of Amsterdam strengthens its control over GALERIES MO­ gains control of PRIBA (NEDERLAND) and DERNES NEDERLAND of Amsterdam. takes over the retail side, leaving the whole­ 256/31 sale side to the three Belgian shareholders . 256/32 The Belgian firm CONTROL UNION (control and sampling of raw materials and agricultural or industrial products) which is of French origin,252/30 forms a subsidiary at Rotterdam.

I TRANSPORT I

ETOM, a holding company, is formed at GENERAL AMERICAN TRANSPORTATION Rotterdam by Anglo-Dutch interests, to con­ joins a Rotterdam firm to build warehouses trol two subsidiaries of the international trans­ for chemicals and transport liquids, 246/29 port group owned by the two founder com- panies. 246/33

Two Rotterdam transport companies, VOLA The German transport and chartering com­ and TRANSNEERLANDIA join the Belgo­ pany KARL RAPP forms a subsidiary at German company MONDIA of Antwerp to Amsterdam, in association with local form a joint subsidiary in Belgium. interests. F242/30 246/32 The Bremen shipping company LIGNUM "REX" REDERIJ is formed by Dutch and TRANSPORT forms a subsidiary at Rotterdam. Swedish interests for coast transport. F235/30 F235/30 AMSTERDAMSCHE SCHEEPSAGENTEN, a SOCANTRA of Antwerp, a haulage company shipping agency is formed at Amsterdam by and forwarding agent, forms a subsidiary at associated Anglo-Dutch interests. Rotterdam. 246/32 F244/31

The British company AR THUR E. BULLEN The British firm BULWARK TRANSPORT forms a wholly-owned shipping company at takes a minority interest in WESTFRIESLAND Rotterdam. F235/30 SMITS of Amsterdam, F237/27

Opera Mundi - Europe No . S 1 Nether lands 98

The Rotterdam shipping agents OROS re­ organize their activities and form three associate companies. F246/32

I VARIOUS I

The international association ROC OLDENHOF of Zwoll (household and sanitary RECHERCHE & ORGANISATION COMMER­ appliances and fuel) forms three subsidiaries CIALE (France, Belgium, West Germany, to carry out these three activities. 246/34 Britain, Denmark, USA, etc) forms ROC MARKETING NEDERLAND, for market CONGRESBUREAU HOLLAND, of The Hague, research. F239/27 joins Belgian interests to form a company in Brussels to organize congresses, conferences, CIE DES EAUX D'UTRECHT of Liege, exhibitions, etc. 248/29 which serves several Dutch towns, is taken over by a Dutch State undertaking. F238/28

Opera Mundi - Europe No . S 1 Netherlands 99

II - OPERATIONS OUTSIDE THE COMMUNITY

l BANKING & FINANCE I

NEDERLANDSE OVERZEE BANK reduces its The bank L. VAN LANSCHOT of Hertogen - shareholding (minority since 1961) in a South bosch joins a group of European banks (51%) African bank at Pretoria (254/28) and forms a to form a new international bank at Nassau, merchant bank at Barcelona together with WORLD BANKING CORP, in association with Italian, American and French banks. 255/28 American banks. F253/25

NEDERLANDSCHE HANDELMIJ takes amino­ DE TWENTSCHE BANK joins other Common rity interest, alongside four French groups and Market and USA banks to form an investment a Frankfurt bank, in INDUBAN, a new mer­ subsidiary at Athens of the BANQUE NATION­ chant bank formed at Madrid. 246/26 ALE DE GRECE. 254/23

CHEMICALS & DRU�

SCHOLTEN, FOXHOL gains control of PHARMACEUTISCHE FABRIEKEN forms STARCH PRODUCTS of Britain (F238/l 7) and BROCADES (GREAT BRITAIN) in London, takes a minority shareholding in the American for the sale of pharmaceuticals. F237/24 pharmaceutical group CHAS. PFIZER. F243/18

The Dutch paints and varnish group PIETER SCHOEN sets up a sales network in Switzerland based on a new subsidiary at Basle. 258/23

I CONTROL & MEASUREMENT I

The VAN BERKEL group of Rotterdam gains GEBR. BLOK, Gouda, manufacturers of control of SCHEMBER of Vienna (measurement liquid control equipment, forms a sales and weighing equipment). 256/26 subsidiary in London, 246/26

I ELE CTRICAL ENGINEERING & ELECTRONICS I

The PHILIPS group joins with local interests Electronic and electronic components firms in Montreal (who have a majority interest) to in the United States reorganized under a form a company which will take over from subsidiary of PHILIPS. 254/22 PHILIPS' subsidiaries at Toronto the tele­ communications branch. F256/25

Opera Mundi - Europe No . S1 100 Nether lands

The oil engineering company LUMMUS of ROYAL DUTCH-SHELL takes over shares in The Hague, which is controlled by American a US prospecting company in Libya from an interests, opens offices in Switzerland to American group. 249 /28 supervise the building of the SHELL refinery at Cressier. 257 /35

I PLASTICS I

The Amsterdam subsidiary formed by the The Dutch group BILLITON and its London British group COMMERCIAL PLASTICS subsidiary ENTHOVEN hand over part of their ("Fablon" adhesive plastics) to develop its shareholding in a British company for PVC interests abroad gains control of GREAT tubes at Ashford, Kent, to the YORKSHIRE BAY CHEMICAL & PLASTICS of USA IMPERIAL PLASTICS group of London. (vinyl sheet and films), F240/31 258/33

PHILIPS of the Netherlands and HOECHST of Germany form a subsidiary, TERCANAL, at Weert to build a factory for plastic panels in Sweden. 258/33

I TEXTILES

AKU forms a subsidiary in India to manufac­ DE WIT'S opens sales offices in London, ture its "nylon 6" (F243/27) and a manufactu­ 257/37 ring subsidiary at Medellin, Colombia. F250/32

AKU, Arnhem, receives aid from the Ameri­ can group BURLINGTON INDUSTRIES to build a factory for one of its subsidiaries in Spain. F233/29

I VARIOUS I

STUART AMSTERDAM formed by Dutch and PHILIPS joins TIME-LIFE of New York to British interests for marine work. F239/l 7 make TV films in Sweden. F239/22

The Dutch company MACHINEFABRIEK REI­ VAN EEGHEM of Amsterdam, which recently NEVELD (centrifugal machines and separa­ formed a sales subsidiary in Tanganyika, tors) appoints AMETEK of USA as its repre­ forms another in Indonesia. 248/28 sentative for USA and Canada. F238/21

Opera Mundi - Europe No . S 1 Switzer land 101

Page

AUTOMOBILES & ACCESSORIES 102

CHEMICALS 102

ELECTRICAL ENGINEERING & ELECTRONICS 102

FINANCE & BANKING 103

MECHANICAL ENGINEERING 103

METALLURGY 103

PHARMACEUTICALS 104

TRADE 104

VARIOUS 104

Opera Mundi - Europe No . S 1 102 Switzerland

I AUTOMOBILES & ACCESSORIES

The British group ROOTES MOTOR joins EATON MFG of USA forms a sales subsidiary HENSCHEL WERKE of Germany to form a com­ at Geneva for car parts. 254/26 pany at Geneva to build up a sales and mainten­ ance network for a mixed range of cars and lorries. F233 / 19

CHEMICALS

The British company MORGAN CRUCIBLE CO MINERALS & CHEMICALS PHILIPP CORP forms a subsidiary at Peseux to manufacture the American ore, metal and chemicals group, silicon carbide elements for electric furnaces. forms a sales subsidiary at Zug. 246/24 F234/22

CIBA-ELFORD, a photochemicals company, is The American group S. D. WARREN (special formed by associated Swiss and British interests paper) forms a sales subsidiary at Geneva. F238/17 244/31

ELECTRICAL ENGINEERING & ELECTRONICS

The Swedish group SVENSKA AKKUMULATOR ASTRONAUTICS OF AMERICA forms a sub­ (batteries, accumulators, and signalling equip­ sidiary at Geneva to sell its electronic tele­ ment) forms a manufacturing and sales subsidiary metric equipment. F238/22 at Zurich.F236/20 CLAIRTONE SOUND, the Canadian manufact­ The American company LOGETRONICS (electro­ urer of combined radio-gramophone-TV sets, nic and photographic equipment) doubles the appoints the Swiss company DUBE ELECTRIC capital of its Zurich subsidiary, 244/25 as its distributor for Europe. 257 /30

VARIAN ASSOCIATES, the American manufact­ KULICKE & SOFFA of USA which urers of scientific apparatus and ultra-high­ makes equipment for transistor factories, frequency tubes forms a holding company at Zug forms a sales subsidiary and holding comp­ to control their interests in Europe, 248/22 any at Zug. 249/24

TOKYO SHIBAURA of Japan makes Zurich the CROSFIELD ELECTRONICS of London, which centre of its sales activities in Europe. 251/19 specializes in automation equipment, opens offices at Berne. 246/26

Opera Mundi - Europe No. Sl 103 Switzerland

I FINANCE & BANKING

LLOYDS BANK of London gains complete con­ The New York brokers WALSTON & CO open trol of MICHELIS BANK of Zurich. F234/24 offices at Basie. F239 /25

The Swedish companies SKANDINAVISKA BANK­ EUCOMAR is formed at Geneva by Swiss and EN and SVENSKA HANDELSBANKEN plan to set French interests, to finance property develop­ up in Switzerland. F241/25 ment in France. 250/25

The two management companies of the invest­ OCCIDENT FINANCE HOLDING is formed at ment trust EUROFUND, at Basie and New York, Zurich by Israeli capital. F252/27 have merged into one single company in Switzer­ land. 253/24

MECHANICAL ENGINEERING I

The Swedish group ZANDER & INGESTROM The American group BLACKHAWK MANU­ (industrial pumps, valves and meters) forms a FACTURING (hydraulic engines, civil-engin­ manufacturing and sales subsidiary at Zurich. eering equipment) reorganizes and strengthens F237/19 its Swiss subsidiary. F238/21

The American company FAWICK (motor parts) BORG WARNER of America opens an internation­ forms a distribution subsidiary at Zug. F236/21 al branch at Zurich. 250/26

A sales company for gardening equipment JIFFY The Swedish group WICANDERS KORKFAB­ POT SALES ORGANIZATION SA is formed at RIKER (sealing and setting machines, corks, Zug by Norwegian interests. 251/29 capsules) forms a sales subsidiary at Zug. F238/28 I METALLURGY I

The American iron and steel group LATROBE INTERNATIONAL ANODIZING of Canada, plans to set up in Europe through a subsidiary (aluminium anodizing) establishes itself in at Geneva. 24 7 /2 7 Europe by forming a subsidiary at Geneva. 258/23 ARTHUR G. MCKEE, the American manufact­ urer of plant for the steel and chemical indust­ ries, forms an engineering subsidiary at Lucerne. 254/23

Opera Mundi - Europe No. Sl Switzerland 104

PHARMACEUTICALS

The Swedish pharmaceutical group CEDERROTH The American group KENDALL joins the forms a subsidiary at Geneva to take over its Swiss subsidiary of a Swedish group to form a interests in Holland and finance its international company at Geneva to take over its manufaet:ur­ investments. 248/26 ing and sales interests in Europe, except in Italy. 250/28

TRADE

The British group A VON INDIA RUBBER forms DIMEXO is formed at Zug by Danish interests a subsidiary at Zurich for the distribution of its for the international sale of textiles. 256/30 rubber goods. F240/21

IMPEX, the Israeli importers and exporters of SCHWAYDER BROS, the American manufact­ metals, textiles, chemicals and foodstuffs, urers of travel goods, form a company to rep­ open offices at Geneva. 246 /32 resent them in Switzerland. 246/33

VARIOUS

PICKETT is formed at Zurich by American cap­ PILOT PEN, the Japanese manufacturers of ital to manufacture and sell scientific instru­ pens and inks, join Swiss interests to build ments, mainly for teaching purposes. F235/30 their first factory in Europe. 250/32

MATTEL, the American toy manufacturers, The British advertising agents MATHER & form a holding company at Fribourg. F240/32 CROWTHER form a second subsidiary in Switzerland, at Zurich. 244/32 The British shoe manufacturer C. & J. CLARKS forms a new subsidiary at Zurich to be respons­ ible for its sales on the whole of the Continent. 257/32

Opera Mundi - Europe No. Sl INDEX OF MAIN COMPANIES NAMED 105

Accumulateurs Fixes & Traction p.29 A.T.H. 69 ACEC 3 Atlas Corp 23 Adler Naaimachines 93 Atlas Steel 38,63 AEG 42 Atlas Werke 58 Aerojet General 3 A usonia Mineraria 81 Agfa 6,61 Auto -Beeker 50 Ahlers 18 Automation Center 27 Air Liquide (L ') 8 Avdel 35 Airfluid 34 Avery Adhesive Products 81 Aku 91,100 Avon India Rubber 104 Albatros 14 Avon Products 28 Akan 13 Alcorn Combustion 77 Babcock & Wilcox 67 Alfa Romeo 51, 73 Badische Anilin 62, 70 Algeco 10,43 Baker Oil Tools 58 Allg. Hypothekenbank 51 Balency & Schul 44 Allianz Versicherungs 57 Bally 64 Allied Chemical 82 Banca Privata Finanziaria 73, 85 Alsthom 29,45 Banco Popular Espanol 24 Alusuisse 94 Banco di Sicilia 85 Ambassador Oil 81 Bank Flir Gemeinwirtschaft 51,58,64 Ameliorair 33 Bank Leumi- Le-Isral::!l 9 American Air Filter 92 Banque Intern. a Luxembourg 8 American Can 61 Banque Italo-Bel ge 20 American District Telegraph 27 Banque Lambert 4,20 American Metal Climax 47 Banque de Paris & des Pays-Bas 44 American Meter 90 Barrow Hepburn & Gale 26 American Radiator Standard 78 Barton Instrument & 90 Ampex 7 Bassett (Geo) 91 Amphenol-Borg 8 Bassetti 41,86 Amsterdamsche Ballast 93 Bastogi 77 Amsterdamsche Bank 88 Bauer 29,90 Amtec 34 Baume-Marpent & Thirion 13 Anker Phoenix NJhmaschinen 57 Bayer 61 Anselm Holding 16 Beatrice Foods 77 Aral 15 Bechtel 30 Arbor Acres 91 Bekaert (Leon) 80 Arca Premocontrole 27 Bekoto 79 Armco Steel 13 Belge de l'Azote 6 Armour & Co 56 Belge de Banque 8,31 Aro Corp 14 Bemis Bros 16 Aspera Frigo 38 Bennes Marrel 46,58 Aspro-Nicholas 28,61 Benton & Bowles 34 Astronautics Corp 102 Berkel (Van) 12,99

Opera Mundi - Europe No. Sl 106

Berliet p.44 Cabcord p.13 Berliner Handelsges 9,67 Cacermet 38,60 Bertelsmann 61, 70 C.A.F.L. 37 Bianchi 81 Cameo 35 Bijur Products 35 Campbell Soup 55 Billiton 94,100 Campenon-Bernard 26 Biosedra 40 Camus 24 Birmid Industries 37 Cannon Electric 29 Blackhawk Mfg 103 Carbone Lorraine (Le) 26 Blaton 4,5 Carbonique (La) 74 Blaupunktwerke 54 Carbonique Belge (La) 6 B,M.C. 3 Carpano 46,78 B,N,C,L 44 Carrier Engineering 77 Boehringer & Stlhne (C. F.) 95 Cartiero Beniamino Donzelli 81 Bolidens Gruv 20 CEAT 62 Bond Worth (Thos) 83 Cederoth 95,104 Bonnier 81 Cefilac 42 Booker Bros 8 Celanese Corp of America 16 Borg-Warner 14,103 Cellophane (La) 40 Bosch (Robert) 28,60,63 C.E.M. 46 Bowmar Instrument 8 Cerebos 33 B.P, 52 C.F.P. 47,81,94 Braat 11,94 Chadburn Gotham 56 Brasserie Artois 10 Champigneulles 32 Brauer Engineering Co 51 Charrington 46 Bray (Geo) 53 Chatillon 86 Breda 76 Chemische Werke HUls 70 Bredero 51,52,88,89 Ciba 102 British Nylon Spinners 63 Cifacl 32 British Oxygen 74 Ciments Vicat 66 Brockhouse & Co (J) 73 C.I.S.I.T. 77 Br¢drene Gram 33 Citroen 23,50 Brown Corp (David) 58 Claeys ( Leon) 12 Brown & Co (John) 96 Clairtone Sound 102 B.R.P, 38,94 Clark Equipment 58 Brufina 4 Clark Gum 17 Bryans 27,28 Claude Paz & Visseaux 76 B.S,R. 29,54 Clin-Byla 40 Bull 54 Cockerill-Ougree 13 Bullen (Arthur E.) 97 Cofinindus 4 Bulward Transport 97 Colgate Palmolive 77 B. U.P. 33 Comini ere 8 Burlington Industries 100 Commercial Plastics 40,95,100 Burmeister & Wain 43 Commerzbank 67 Butler Mfg 14 Comptoir Metallurgique Europeen 14

Opera Mundi - Europe No. Sl 107

Compudyne Corp p.27 Eitel-McCulloch p.45 Conoco 15 Elco 37,60,80 Continentale Linoleum 62 Electrobel 18 Control Union 97 Electroconsult 77 Controls Co 37 Electrotube-Solesmes 37 Controls & Communications 45 Elektra-Watt 29 Coparex 14 Elektrolux 76 Corning Glass Works 92 Elliott-Automation 26,27,59 C.P.V. 23 Eltro 54 Crane 59 Empain 9 Crediet- & Effectenbank 88,91 Engins Matra 23 Credit Europeen 9 ENI 60, 74, 81, 85 Cregelux 9 Ericsson 90 Crompton & Knowles 35 Erven Lucas Bols 10 Crosfield Electronics 102 Esperance-Longdoz 13,37 Crouse-Hinds 76 Ether Controls 27 CSP 45 Ethyl 6,90 Curtis (Helene) 75 Eurofund 44,103 Curver 16 European Enterprises Development 9 Eurotransport 9 DAF 73 Evence Coppee 12 Dagra-Pharmaceutische & Chemische Fabriek 15 Fairey 13 Daimler Benz 54 Farad 80 Darracq Proprietary Co (The) 46 Fawick 14, 103 De La Rue 13 Felten & Guilleaume 59 Dean Van Lines 43 Fenner (J. H.) 36 Degremont 74 Fenwick 36 Degussa 70 Ferodo 80 Deka-Chimie 26 Ferrobeton 74,85 Delmas-Vieljeux 64 Ferrostaal 63 Desoutter Brothers 53 Fevrier, Decoisy Champion 40 Deutsche Bank 66 Fiat 58, 85 Dior (Christian) 47 Fichtel & Sachs 54 Dollf us Mieg 41 Filton 36 Domowatt 76 Finacor 31 Douglas Aircraft 23,46 Financiere Generale Belge 5 Dow Chemicals 82,89 Financiere Italo-Suisse 76 Dresdner Bank 63,66 Finanziaria Adriatica-Sade 77 Du Pont de Nemours 26 Finmeccanica 60 Dube Electric 102 First Manhattan Co 9 Dubin-Haskell 41,63 First Nat. of New York 51,88 Dymo Industries 12 Fives-Lille-Cail 66 Fluor 30 Eaton Mfg 102 Flynn & Sons (John) 34

Opera Mundi - Europe No. Sl 108

Fonderies de Tamines p.37 Grlinzweig & Hartmann 68 Forkhardt (Paul) 68 Guinness (Arthur) 4 Fraissinet 47 Gussstahlwerke Witten 59,63 Francaise des Ferrailles 37 Gylling Co 30 Freins & Signaux Westinghouse 11 Fromageries Bel 10 Hambros 52, 73 Fuchs (Otto) 35,38 Hampden Engineering 54 Haniel 25,63 Galeries Lafayette 17,42 Hanning Elektra-Werke 13 Galeries Modernes Nederland 97 Harper 41 Gallaher 96 Harriman Ripley & Co 9 Garrett 35 Harrison (Birmingham) 94 Gascoignes 37,79 Hartmann & Braun 27,54 Gates Rubber 82 Hauts-Forneaux de Givors 37 G. E. C. (Domestic Equipment) 85 Hawker Siddeley 23 General American Transportation 97 Hecht, Levis & Kahn 25 General Descaling Co 90 Heinz Co (H. J) 77 General Electric Co 53, 76 Hengelosche Textielfabriek 96 General Mills 32 Henkel 51,61 General Motors 69 Henschel 50,55,66,69,102 General Telephone & Electronics 75,76 Hentsch & Cie 9 Generale Alimentaire 32, 55 Hercules Powder 52,82,86 Generale de Belgique 10, 14 Hertz 52 Generale d'Entreprises 26 Heudebert 32 Generale d' Entreprises Electri- Heurtey 30 ques 54 Hewitt Robins 80 Generale d'Epuration & d' Assain- Hewlett-Packard 75 issement 45 Highway Insurance 17 Generale de Fonderie 80 Hill & Knowlton 50 Gerling 55,57,67 Hitachi Seisakusho 76 Gevaert 6,61 Hobson (H, M) 75 Gevelot 35 Hoechst 52,70, 95, 100 Gill & Duffus 91 Hoesch 59 Glaceries de Saint-Roch 56 Holland & Hannen & Cubitts 25,44 Glidden Co 10 Holt & Co (John) 46 Gontermann-Peipers 80 Holzmann (Philipp) 52 Goodrich 41,62 Honda Motor Co 23 Gorton 10 Honeywell Regulator 54 Grand Bazar d 'Anvers 97 Hoogovens 38,89,94 Grands Moulins de Paris 32 Hotchkiss-Brandt 29 G. R. E, A. Holding 9 Hughes Aircraft 54 Green Fire Brick (A. P. ) 5 Hupp Corp 59 Green Giant 78 Husquarna Vapenfabriks 93 Greer Hydraulics 46 Hutchinson 41 Gringoire 10 HrLo 33

Opera Mundi - Europe No. Sl 109

Hydrocarbures de Saint-Denis p.52 KH:lckner & Co p.36 Klosterfrau 40 I.C. L 6,82 Kochs Adler 57 Ignis 85 Kolbermoor Union 56 Industrieele Disconto 88 Kongskilde Maskinfabrik 37 Industriewerk Schaeffler 60 Krages (H. D.) 95 Inland Steel 80 Krauss-Maffei 79 Inno 17,42 Kredietbank 4,9 Interfor 13 Kreglinger 4 Internatio 96 Kreidler' s Metall 59,69 Intern. Anodizing 103 Krupp ( Fried) 18,25,42,44,51 Intern. Bank of Washington 5 KSM Products 7 Intern. Factors 42 Kuhlmann 26,32,68 Intern. Shoe Co 84 Kulicke & Soffa 102 Intern. Synthetic Rubber 16 Kuribayashi Camera Industry 61,93 Intershop Holding 64 Intertechnique 27 La Lys 16 Investco 15 La Mure 81 Investitions- & Handelsbank 51 Labo-Industrie 45 Ipsen Industrie 38 Laboratoires Diamant 81 LR.I. 83,84 Laboratoires d'Expansion Scientif- ltoh & Co. (C} 83 iq ue Moderne 15 LT.T. 27, 57, 90 Lafarge 25 Lamson Industries 90 Jackstadt (Wilh} 81 Lanschot (L. van) 99 Jahn & Son (Henry R.) 79 Latrobe Steel 63,103 Janome Sewing Machine 57 Lear Siegler 53,61 J.E.0.L 37 Lechler 66 Jeumont 28 Ledoga 26,82 Jewel Tea 78 Lelong (Lucien) 28 Johns-Manville 8 Lesser & Sons (J.E.) 24,25 Johnson & Higgins 78 Levitt & Sons 25 Lewis-Shepard 36 Kaiser-Aluminium 50,52 Liebherr (Hans) 69 Kali-Chemie 66 Lilia Edets Pappersbruk 90 Kanegafuchi Spinning 47,83 Lips 94 Kanematsu 41,64 Lithobeton 5 Keithley Instruments 27 Litton Industries 8 Kellogg 55 Lloyds Bank 103 Kendall 82,104 Loget ronic s 102 Keyes Fibre Co 61 Lorilleux-· Lefranc 74 Kienzle Apparate 67 Loutex 16,41 Kiepe 67 Lubersac (De) 44 Kistler Inc 31 Lummus 100 Klinger Mfg 35 Lurgi 67

Opera Mundi - Europe •No. Sl 110

Lutz (Eugen) p.96 Naarden 88 Lyndeau Products 23 Nabisco 55 Lyonnaise des Eaux 43 Nadella 80 Nagel makers 8 McCray Refrigerator 34 Narrow Fabrik (The) 96 Mac Gregor 30,63 National Dairy Products 78 Mc Kee (Arthur G.) 103 Nationale (La) 78 Machines Tarex 57 Navalsa 43 Magnetti-Marelli 76 Nebiolo 35 Mannesmann 36 Neckermann 51 Manurhin 6 Nederlandsche Handel-Mij 88,99 Marchal 28 Nederlandse Overzee Bank 99 Maritime Belge (Cie) 20 Neelle (Van) 78 Marposs 85 Nestle-Lemur 28 Martell 46 Neu (Ets) 31 Maruzen Sewing Machine 57 New Britain Machine 34 Materiel S. W. 27, 28,29 Nijverdal-Ten-Cate 25 Materna 47 Nissei Sangyo 64 Mather & Crowther 104 Nolte 90 Maytag Co (The) 53 Nord-Aviation 46 Mead Corp 39 Noury-Baker 89 Mead Johnson 61 N.S.U. 23,50,51, 73 Mennen 28 Merck & Co 15,40,61 Oetker 55 Merlin & Gerin 45 Officien Viberti 85 Merrill Lynch 77 Ohio Steel 13 Metal Industries 55,76, 79 Olin Mathieson 82 Metzeler Gummiwerke 62 Olivetti 76 Miag 36,79 Olympus Optical 59 Michelin 45 Orenstein-Koppel 79 Michigan Tool 46 Orval 36 Midland-Ross 96 Otis Engineering 55 Minerals & Chemicals Philipp 102 Oto Melara 79 Mitsui Seeki 46 Outre-Mer (Cie d') 4 Mole Richardson 39 O.V.I.A.M. 24 Monmouth-Lee 10 Oxley Industries 70 Monsanto 26 Montagu (Samuel) 8,9,17 Painton & Co 76 Montague Burton 41 Pakhuismeesteren 43 Montecatini 77,81,82,85,86 Papercraft Corp 15 Morgan Crucible 102 Parfums Caron 53 Morris (1 l:)rbert) 36 Patons & Baldwins 63 Mars 29 Pechiney 26,45,47 Motta 78 Peintures Corona 26 Murphy 46 Pennsalt Chemicals 82

Opera Mundi - Europe No. Sl 111

:mali p.41 Reckitt & Colman p.32,55, 75 ·mo 12 Rediffusion 29,45 rochim 15 Redland Holdings 52 rofina 15,20,60,81 Reed Paper 52 ff 57 Rehau-Plastiks 40 udler-Permutit 35 Renault 31,44,46, 77 Lrmaceutische Fabrieken 99 Revillon Freres 31 mix Works 13 Revlon 90 lips 7, 59, 70, 95, 99,100 Rexall Drug & Chemicals 16 Hips Petroleum 15,60,81 Reynolds Metal 50 ggio 78 Rheinstahl -Hano mag 51 14 Rhone Poulenc 16,26,47,63 t et & Cie 5, 14 Richardson Merrell 82 rrel 15 Ripolin-Georget 25 =S Wonder 76 Ritz 35 )t Pen 104 R,LV. 80,94 neer Concrete 74 Robertshaw-Controls 27, 75 elli 76 Robertson (James) 55 :sburgh Plate Glass 26 Roe 97 :sburgh Steel 13 Roehling 24 ssey Co 29 Rootes Motor 66,102 uvier 5, 18 Rosenthal Pnrzellan 19, 71 Lt-a - Mous son 33 Rothschild 31,32 ,r & Co 37 Roto .. Werke 60 ter (H. K) 64 Rotterdamsche Bank 88 rer Transmission Engineering 94 Rousseau 13,37 alpina Montefluoro 82 Rous,se1'·· Ucla.f 26 natal 96 Roya1 Dutch-Shell 52, 60,100 ussag 69 Rumianca 86 ba 97 ve 60 Saba 51,67 control 6 Sadac1 6 cter & Gamble 28 Safege Transport 47 jectile & Engineering 35 Safic -· A lean 25 sim 25 Saint Gobain 40,56 uvost 63 Sct.izgltter 59 e Oil 80 Sandoz 15 Sava 44 �ne 63 Saxby 36, 58 T. F. 84 Schanzlin (Gebr) 37 Scheerme5ser & Co (Dr. W) 9 Lk 27 Schering 82 Lk Xerox 94 Sc:hiedamsche Melkzuurfabriek 89 �. P. 46,94 Schindler 29 eau 35 Schiumberger 26,44,53

ira Mundi - Europe No. SI 112

neider & Cie p.28,29 Standard Oil & Co (New Jersey) p.60 oen (Pieter) 99 Standard Pressed Steel 36 olten Foxhol 89,99 Starch Products 99 oppe & Faser 90 Stauffer Chemical 70 warz Bioresearch 40 Steel & Co 36 wayder Bros 104 Stewart Warner 11 tt Paper 15 Stinnes (Hugo) 8, 58,62, 69 lfort 34 Stinnes Industries (Hugo) 69 : . Laboratories (Engineering) 54,67 Stokvis & Zonen 29 grams 46 Stone-Platt Industries 90 :.v. 28 Storey Bros 40 netsu Kagaru 85 Strafor Hausermann 94 werings Vines Products 10,91 Studebaker 76 1 95 Suez 14,31 mag 58 Sun Crown 56 mens 59,67 Super Oil Seal 25 nal Oil 60 Supermarches G. B. 17 naux & Entreprises Electriques 28 Superior Oil 60,95 er & J amart 94 Suze 46,78 ger 76 Svenska Akkumulator 102 .P. 84 Svenska Handelsbanken 103 ndinaviska Banken 103 Svenska Tandsticks 41 nska Cementgjuteriet 73 :. F. 38, 80, 94 Takeda 61 ith's Tadcaster (John) 10 Tar Residuals 86 . (Bruxelles) 7,10, 16, 17, 18 Taylor Woodrow 47 3. Viscosa 81 Technical Studies 4 'A 40,46,47 Telefonbau & Normalzeit Lehner 7 bar Co 93 Terni 74 ,emi 15, 95 Textiel Union 96 altra 36 Texunion 41 .ecom 12 T.G.0. 13 ·etrol 14 Thibaud Gibbs 28 itaire 75 Thomas Collators 14 vay 31,52,66, 74,80 Thomassen & Drijver 15,95 nee 33 Thomsen's Havenbedrijf 64 .chon-Neuvesel 39,92 Takai Wireless 54 :riau 29 Tokyo Shibaura 102 irel 45,56 Toledo Scale 58 ingfield Quick 79 Tote Systems 36 .are D 75 Toyo Bearing 38 .ibb 82 Toyo Menka 83 Regis Paper 15 Trane 92 -Hi Corp 18 Transamerica Corp 31 ndard Elektrik Lorenz 57 Trebor Developments 24

;ra Mundi - Europe No. Sl 113

.efus p.42 Warren (S. D) p.102 .one 80 Warner Brothers Co 16 .st (Ronald) 53,56 Washing :M:achines 76 )OSt 71 Weir Holding 20 1ck Accessories 83 Wellcome Foundation (The) 75 Je Investments 14 Werkzeugmaschinenfabrik Oerlikon 62 �ner & Newall 8 Wessanen 89 entsche Bank 88,91 Westates Petroleum 81 Westinghouse Electric 7,29,76 0 16,41 Weyerhaeuser 39 .ne 25,41 Wicanders Korkfabriker 103 :;, P. 14,94 Wilkens Instrument & Research 59 .bra 10, 20 Willerby Caravan 17 lever 10,33,95 William Press 91 .on des :M:ines- La Herrin 4,31,32 Wilmot Breeden 23 .on des Papeteries 15 Wilton Fijenoord 88 ted Carr Fastener 54 Winterthur 11 ted Dominions Trust 88 Wit's (De) 100 versal Towel Co 63 Witco Chemical Co 6 ,ina 91 Woolworth 16 lllick Orr & Partners 11 Worms 4,18,42 ,. Gypsum 5 Worthington 12 Wm. Wrigley 33 :uum Electronics 37 lourec 37 Yale & Towne 60 1dervell Products 38 Yanase Automobile 54 :ian 84, 102 Yorkshire Imperial Plastics 100 ·ta 29,54 Yoshida Seiko :M:anufacturing 95 1dome Equipment 32 Young & Rubicam 3 :enigde Glasfabrieken 92 :meire (Ets) 14 Zaan (De) 91 Jiss (De) 34 Zander & Ingestrom 103 ruvit 86 Zeiss (Carl) 70 =,singen & Co (van) 25 Zelus 47 kswagen 32,54,66 mut-Ketjen 90 ;s 14 Zuse 8 •om & Dressmann 97 Zwanenberg-Orga non 91,95 Zwolsman 88 :ios 35 1kel 51, 73

:ra :M:undi - Europe No. Sl