NSG Group - Corporate History
Pilkington
- 1826 - established in St. Helens as a partnership
- 1849 - converted to private company, Pilkington Brothers
- 1959 - invented the Float Process
- 1970 - listed on London Stock Exchange as Pilkington plc
- 2006 - acquired by NSG (through NSG UK Enterprises Ltd)
NSG
- 1918 - established as America Japan Sheet Glass Co., Ltd
- 1931 - changed company name to Nippon Sheet Glass Co., Ltd.
- 1950 - listed on Tokyo Stock Exchange
- 1990 - invested in Libbey-Owens-Ford Co
- 2000 - initial investment in Pilkington plc
- 2006 - acquired all outstanding equity of Pilkington plc
Related information: Pilkington company history
Historical Relationship between NSG and Pilkington
- 1918
- Establishment of NSG. Initially established as a joint venture “ Japan-America Flat Glass., Ltd.,” invested by LOF (US) - NSG preserved dividend for LOF during the Second World War. Later, NSG acquired LOF’s equity stakes under LOF’s request
- 1964
- NSG implemented the float glass manufacturing process - developed by Pilkington (first introduction into Japan)
- 1974
- NSG established LNS in Mexico (a 50:50 joint venture for automotive AGR manufacturing with LOF)
- 1986
- Pilkington acquired LOF
- 1987
- Pilkington and NSG entered into a RD&E Agreement in automotive glass field (global alliance)
- 1990
- NSG acquired 20% stake in LOF
- 1993
- NSG acquired 20% stake in Triplex, Pilkington’s automotive glass unit in UK
- 2000
- NSG acquired a 10% stake in Pilkington, in consideration for 20% in LOF, 20% in Triplex and 50% in LNS, becoming Pilkington’s largest shareholder
- 2001
- NSG acquired an additional 10% stake in Pilkington through the stock market, amounting to 20% interest of Pilkington
- 2001-2006
- Joint research, development and engineering agreement for automotive products and processes and joint marketing approach to Japanese vehicle manufacturers