 | |
| Company type | Public |
|---|---|
| LSE: CLDN FTSE 250 component | |
| Industry | Investment trust |
| Headquarters | London, England, UK |
| Website | caledonia |
Caledonia Investments plc is a self-managed investment trust company based inLondon, England. It is listed on theLondon Stock Exchange and is a constituent of theFTSE 250 Index.
The company which became Caledonia Investments was incorporated in 1928 as theForeign Railways Investment Trust Ltd.[1] It was acquired by theCayzer family in 1951 to hold their diverse interests and was renamedCaledonia Investments Ltd.[1] In 1955 Caledonia acquired the Cayzer family's interest in theBritish & Commonwealth Shipping Co. Ltd, formed out of the merger ofClan Line (started by the Cayzer family in 1881) andUnion-Castle Line.[2] In 1960 the company was listed on the London Stock Exchange and in 1981 their name was changed to Caledonia Investments PLC. After their holding in British & Commonwealth was sold in 1987, Caledonia Investments became a diversified trading and investment company,[3] which in turn was converted into a UKInvestment trust company on 1 April 2003.[4] The Cayzer family collectively owns some 48.5% of theshare capital of Caledonia Investments plc.[5]
Caledonia is a self-managed investment trust. It takes significant holdings in listed equities, private companies and funds. Taking a long term investment approach, Caledonia Investments is avalue investor with a global outlook. David Stewart is thechair and Mat Masters thechief executive.[6]