Guinness Peat Group

Guinness Peat Group was an investment holding company with interests in Europe, Australia and New Zealand.

Guinness Peat Group

Company type	Public limited company
Traded as	ASX: GPG LSE: GPG NZX: GPG
Industry	Investments
Founded	1980s
Founder	Guinness Mahon
Defunct	2015
Successor	Coats
Headquarters	London, England
Operating income	£64 million[1] (2014)
Net income	£9 million[1] (2014)
Website	www.coats.com

History

The company, which had been formed as an investment offshoot of London based investment bank Guinness Mahon in the 1980s, was acquired by Brierley Investments in 1990.^[2] The company's shares were listed on the New Zealand Exchange (NZX) in 1991, on the London Stock Exchange (LSE) in 1992 and the Australian Securities Exchange (ASX) in 1993.^[3] In 2000, the company spearheaded a campaign to stop the London Stock Exchange from merging with Germany's Deutsche Börse.^[4]

Having disposed of its other investments, in March 2015 the company was renamed Coats Group after its remaining subsidiary.^[5][6][a]

Notes

1. Coats Group remained listed on the LSE and became a constituent of the FTSE 250 Index,^[7] although it delisted from the ASX and NZX in June 2016.^[8][9]