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Thorn EMI was a major British company involved in consumer electronics, music, defence and retail. Created in October 1979, when Thorn Electrical Industries merged with EMI, it was listed on the London Stock Exchange and was once a constituent of the FTSE 100 Index. It demerged back to separate companies in 1996.
Thorn Emi Plc. Thorn EMI House Upper Saint Martin ’ s Lane London WC2H 9ED England 01-836-2444. Public Company Incorporated: March 3, 1980 as a result of the merger of Thorn Electrical Industries Ltd. and EMI Ltd. Employees: 80,484 Sales: £ 3.316 billion (US$4.769 billion) Market Value: £ 1.683 billion (US$2.42 billion) Stock Index: London
Thorn Electrical Industries Limited was a British electrical engineering company. It was listed on the London Stock Exchange, but merged with EMI Group to form Thorn EMI in 1979. It was de-merged in 1996 and became a constituent of the FTSE 100 Index, but was acquired by the Japanese Nomura Group only two years later.
Thorn plc is an international rental and rent-to-own group whose various chains rent electronics, personal computers, appliances, telephones, furniture, and jewelry. Thorn's customers are predominantly individual consumers but also include hotels and educational institutions.
Thorn EMI was a major British company involved in consumer electronics, music, defence and retail. 1979 EMI was acquired by Thorn Electrical Industries to form Thorn EMI [1] one of the largest operating companies in the UK.
In 1979, despite initial resistance, Thorn acquired the struggling EMI, forming Thorn EMI plc. While concerns existed about merging vastly different companies, it signaled Thorn's ambition to expand beyond its core businesses.
EMI Group plc is the fourth largest of the world's "big six" music giants. Demerged from Thorn EMI plc in 1996, after nearly 17 years of the EMI and Thorn "duet," EMI Group now focuses almost exclusively on music--music recording, music publishing, and music retailing.
