John I. Thornycroft & Company [SEP] industry
John I. Thornycroft &amp; Company
John I. Thornycroft & Company Limited, usually known simply as Thornycroft was a British shipbuilding firm founded by John Isaac Thornycroft in Chiswick in 1866. It moved to Woolston, Southampton, in 1908, merging in 1966 with Vosper & Company to form one organisation called Vosper Thornycroft. From 2002 to 2010 the company acquired several international and US based defence and services companies, and changed name to the VT Group. In 2010 the company was absorbed by Babcock International who retained the UK and international
in 1899, a group of industrialists headed by William Beardmore bought into the company, and they provided much of the financing when it was transformed into the public company "John I. Thornycroft and Co. Ltd" in 1901, with Beardmore as chairman. William Beardmore's interest in the company proved rather short-lived and he resigned as chairman in 1907. The management team of the new company consisted of John Thornycroft's son, John Edward Thornycroft as manager, and John Donaldson's son, Thornycroft Donaldson (ca. 1883-