British Shipbuilders - Denationalisation

Denationalisation

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• Scott Lithgow - 1981 - individual operating companies dissolved, sold to Trafalgar House in 1984, closed 1993
• Vosper Thornycroft - 1985 - management buyout, now known as VT Group
• Yarrow Shipbuilders - 1985 - sold to GEC-Marconi as Marconi Marine (YSL) then to BAE Systems as part of BAE Systems Marine, now BAE Systems Surface Ships
• VSEL - 1986 - with Cammell Laird as a subsidiary. Acquired by GEC-Marconi in 1995 as part of Marconi Marine, then to BAE Systems as part of BAE Systems Marine, now BAE Systems Submarine Solutions
• Cammell Laird - 1986 - as a subsidiary of VSEL, finished shipbuilding 1993, now ship repair firm
• Ferguson Ailsa - 1986 - split and sold, Ailsa to Perth Corporation as Ailsa Perth Shipbuilders and Ferguson to Appledore Shipbuilders as Appledore Ferguson, now Ferguson Shipbuilders
• Swan Hunter - 1987 - to receivership 1994, bought by Jaap Kroese
• Govan Shipbuilders - 1988 - sold to Kværner as Kvaerner Govan, to GEC-Marconi 1999 as part of Marconi Marine then to BAE Systems as part of BAE Systems Marine, now BAE Systems Surface Ships
• Harland and Wolff - 1989 - sold to Fred. Olsen & Co.
• Brooke Marine, Lowestoft - management buy-out in 1985. Ceased trading in 1992.