£10,000 DEAL.
LEVER BROS IN WELLINGTON*. Messrs. TrfVor Br&s., the well-known, soap manufacturers of Fori. Stinlijilit. England, who -feavo decided to erect a sotvp manufactory tit I'ete.ne, intend to also establish themselves in Jfew Zea. lrt'nd as eandlo manufacturers. To that end the firm has acquired the full feropriotary"interest.flf this New Zealand Candlo Company, of Kaiwarrit, which is to sity thftt the shareholders have- 'ratifwd tiie offer of tlio directors liiada to Messrs, Lever Bros,, vis., to baiid ofer the whnlo of tlio coinpaji.v'js share* (£10:,00 ft worth) at face valuo, plus G pfit cent. Though tlio uiotioy lias not yot been Paid over, tho works practically became the property of Lever Bros, as from January 1, Tlio Now Zealand Candle Company has been in existence for some 2S years, but lias been hampered somewhat bv foreign competition—candles made with the aid of cbenp coloured labour. Mr, Edward Bull, the manager of the Candle Company for about seventeen years, is Still in charge, J.nd is likely to b.6 for sotao little time to com© at. least.
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https://paperspast.natlib.govt.nz/newspapers/DOM19140206.2.97
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Dominion, Volume 7, Issue 1977, 6 February 1914, Page 8
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176£10,000 DEAL. Dominion, Volume 7, Issue 1977, 6 February 1914, Page 8
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