James Hanson, Baron Hanson

James Hanson, Baron Hanson

Infobox Person
name = James Hanson


image_size =
caption =
birth_date = 20 January 1922
birth_place = Huddersfield, England
death_date = death date and age|2004|11|1|1922|1|20|df=yes
death_place = Newbury, England
death_cause =
occupation = Company director
James Edward, Baron Hanson (born in Huddersfield on January 20 1922 – November 1 2004) was an English conservative industrialist who built his businesses through the process of leveraged buyouts through Hanson plc.

Lord Hanson and Gordon White (later Lord White of Hull) formed a partnership in the 1960s, whereby they founded a greetings card business. The two men also began buying other companies, in such diverse industries as fertilisers and bricks, which all sat under the umbrella of a listed entity called Hanson Trust (later renamed simply Hanson). By the 1980s, the Hanson Trust operated in both Europe and North America, purchasing undermanaged businesses in sectors such as batteries, locks and safes. In 1983, he was created Baron Hanson, of Edgerton in the County of West Yorkshire, a life peerage, and sat in the House of Lords thereafter.

Lord Hanson's greatest deal was the 1986 purchase of Imperial Group, a British tobacco conglomerate with a diversified portfolio of underperfoming businesses. Lord Hanson's consideration for the transaction was funded entirely by selling many of Group's subsidiaries, leaving him with a business that made an operating-profit margin of nearly 50%. By the mid 1980s, he built a business that employed 90,000 people.

Lord Hanson developed a reputation as a corporate raider, which worked against him in a failed bid for ICI Group, a chemical group, in 1991 which was at the time the UK's third-largest company. ICI, led by its chairman Sir Denys Henderson hired Goldman Sachs to look into Lord Hanson's business dealings, and they found that Lord Hanson's partner, White, was running racehorses at shareholders' expense. Lord Hanson had purchased 2.8% of the firm, but backed down from the takeover [cite news | date=1991-05-18 | url=http://query.nytimes.com/gst/fullpage.html?res=9E0CE5DC1E3DF93BA25756C0A967958260&scp=1&sq=Often-Ravenous+Hanson+Takes+a+Taste+of+I.C.I.+ | title=Often-Ravenous Hanson Takes a Taste of I.C.I. | publisher=The New York Times| accessdate=2008-01-15] .

He was well known for his support of ex-Conservative MP Neil Hamilton, who became famous for his involvement in the "cash for questions" affair in the 1990s.

Hanson was also an active "Eurosceptic", opposed as he was to Britain joining the Euro, and was a founding member of Business for Britain, an anti-EU organisation. He was also a member of the Bruges Group, which advocates a substantial renegotiation of Britain's relationship with the EU, or if that is not possible, total withdrawal from the EU.

He was at one point engaged to Audrey Hepburn, who later called off the marriage.

He died, aged 82, after a long battle with cancer, in his home near Newbury.

References

External links

* [http://news.bbc.co.uk/1/hi/business/3973543.stm Obituary, BBC News]

Bibliography

* Alex Brummer and Roger Cowe, "Hanson: A Biography" (Fourth Estate, 1994) (ISBN 1857021894)


Wikimedia Foundation. 2010.

Игры ⚽ Нужно сделать НИР?

Look at other dictionaries:

  • James Hanson, Baron Hanson — James Edward Hanson, Baron Hanson (* 20. Januar 1922 in Huddersfield; † 1. November 2004 in Newbury) war ein erfolgreicher britischer Unternehmer. James Hanson, Sohn eines Transportunternehmers, wurde im Jahr 1983 zu einem Life Peer als Baron… …   Deutsch Wikipedia

  • James Hanson — James Edward Hanson, Baron Hanson (* 20. Januar 1922 in Huddersfield; † 1. November 2004 in Newbury) war ein erfolgreicher britischer Unternehmer. James Hanson, Sohn eines Transportunternehmers, wurde im Jahr 1983 zu einem Life Peer als Baron… …   Deutsch Wikipedia

  • James Hanson — (or Jim... or Jimmy... ) may be: * James Hanson, Baron Hanson (1922 2004), English industrialist * Jimmy Hanson (footballer) (born 1904), English See also: * James Hansen (disambiguation) …   Wikipedia

  • Baron Hanson — James Edward Hanson, Baron Hanson (* 20. Januar 1922 in Huddersfield; † 1. November 2004 in Newbury) war ein erfolgreicher britischer Unternehmer. James Hanson, Sohn eines Transportunternehmers, wurde im Jahr 1983 zu einem Life Peer als Baron… …   Deutsch Wikipedia

  • Hanson (surname) — Hanson or Hansson is a surname, and may refer to many people.A* Alexander C. Hanson (1786 ndash;1819), American politician, Senator from Maryland * Alf Hanson (1912 ndash;1993), British football player * Ann Meekitjuk Hanson (1946 ndash;),… …   Wikipedia

  • James Spader — en 2007 Données clés Nom de naissance James Todd Spader Naissance 7 f …   Wikipédia en Français

  • James Cooper Ingalls — La Petite Maison dans la prairie Pour les articles homonymes, voir Little house. La Petite Maison dans la Prairie Titre original Little House on the Prairie Little House: A New Beginning Genre Série sentimentale Créateur(s) Michael Landon Pro …   Wikipédia en Français

  • Hanson of Edgerton, James Edward Hanson, Baron — ▪ 2005       British business magnate (b. Jan. 20, 1922, Huddersfield, Yorkshire, Eng. d. Nov. 1, 2004, Newbury, Berkshire, Eng.), cofounded, with his partner Gordon White (later Lord White of Hull), Hanson PLC and, through a succession of… …   Universalium

  • Gordon White, Baron White of Hull — (Vincent) Gordon Lindsay White, Baron White of Hull, KBE (11 May 1923 – 23 August 1995) died in Los Angeles aged 72. He left most of his £70m fortune to his son Lucas.[1] Gordon White, as he was known, was co founder with James Hanson of the… …   Wikipedia

  • List of Conservative Party (UK) MPs — This is a list of Conservative Party MPs. It includes all Members of Parliament elected to the British House of Commons representing the Conservative Party from 1834 onwards. Members of the Scottish Parliament, the Welsh Assembly or the European… …   Wikipedia

Share the article and excerpts

Direct link
Do a right-click on the link above
and select “Copy Link”