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2015: Briscoe Group Limited

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Last updated: 07/2015

Briscoe Group Limited, although well known for its home ware products today, began life as a hardware retailer supplying prospectors during the gold rush with shovels, picks, tents and lanterns in the early 1860s. The company's beginnings date from 1862 when the first Briscoes warehouse and store was opened in Dunedin, by William Briscoe & Son. Australian and NZ operations were purchased by Merbank Corporation of Australia in 1973, and following extensive rationalisation, by Hagemeyer in 1977. Following several years of losses, the business was acquired by CEO Rod Duke, in 1990. Stock exchange listing followed a public issue of 40m shares at $1 each in November 2001.

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