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Caradon Caradon is to acquire the fire and intrusion detection business of Chloride Group for £11m. 19-Dec-2000 Caradon is planning to sell its plumbing business to HSBC Private Equity for about £440m, and will change its name to Novar to reflect its focus on intelligent building systems, aluminium extrusions and printing. 09-Oct-2000 Caradon has acquired Eltek Fire & Safety of Norway for £22m, in order to expand its security and building controls business. 15-May-2000 Caradon is planning to acquire Columbia, the US aluminium extruder company, for £75m, and has also announced plans to put its bathroom equipment and boilers division up for sale. 27-Apr-2000 Caradon is acquiring Brand-Rex, the UK supplier of cable systems, for £145m, and Eff-Eff Alarm, the German supplier of building alarms, for £114m. 07-Mar-2000 Caradon is to sell its 94% stake in Weru, the German doors and windows business, to management for £78m, in order to focus on plumbing, aluminium extrusions, electrical products and cheque printing. 23-Nov-1999 Caradon is set to acquire Easco, the US aluminium extrusions company, for about £100m. 28-Jul-1999 Caradon Ideal is to cut 55 of the 620 jobs at its central heating boilers factory in Hull, in order to improve efficiency. 16-Apr-1999 Caradon is to sell its three remaining North American doors and windows operations to Nortek for £41m. 07-Apr-1999 British Steel has acquired Caradon Catnic, the Caerphilly-based steel lintel producer, from Caradon in a £14m deal. 25-Mar-1999 Caradon is to acquire an 85% stake in Termo Teknik, the Turkish radiator company, for £30m, and is selling its UK windows and doors business to Bardox Group for £40m. 08-Mar-1999 Caradon has sold Terrain, a plastic pipes subsidiary, to Geberit of Switzerland for £27m, and a number of other disposals are expected soon. 03-Feb-1999 Caradon is said to be close to agreeing the sale of its Everest double glazing business to Bardox Group. 07-Jan-1999 Caradon is looking to sell its lossmaking US and UK doors and windows operations, including the Everest double-glazing business, and Rugby Cement has already expressed an interest. 10-Sep-1998 Caradon is looking to sell its windows and doors activities in the UK and the US, which could raise up to £240m. 24-Mar-1998 Caradon has sold its Fabricated Steel Products car parts business in Canada to Krupp Automotive for £77m, in order to focus on its core building materials business. 17-Feb-1998 Vector Industries has acquired 15 engineering businesses from Caradon for about £200m, leaving Caradon free to focus on building products. 12-Dec-1996 Caradon has increased its stake in Weru, the German window maker, from 50% to 65% at a cost of £24m. 17-Sep-1996 Caradon is believed to be preparing to sell 15 engineering and distribution businesses to CINVen for £190m so that it can focus on its building materials business. 28-Aug-1996 Caradon, the building materials concern, is restructuring with the loss of 1,630 jobs in order to save £50m a year. 28-Mar-1996 Caradon, the building materials group, is restructuring with a cost-cutting programme and the removal of a management layer. 13-Nov-1995 Caradon is selling four Portuguese aluminium building product companies to Norsk Hydro for £25m. 29-Sep-1995 More from the Construction sector Related pages: Brett Martin Bryant Tilbury Douglas Kingspan Berkeley Caradon website: www.caradon.com The information on this page comes from the UK Activity Report. Click here for further details Copyright UK Business Park 1995-2008