Herald Holdings Limited(00114.HK)
Profile
Employees:
245
Email:
heraldhk@heraldgroup.com.hk
WebSite:
http://www.heraldgroup.com.hk
Tel:
00852-25226181
Fax:
00852-28100416
Herald Holdings Limited is an investment holding company. The Company is engaged in the manufacture, sale and distribution of toys, computer products, housewares, clocks, watches and electronic, and gift products. The Company is organized in six segments: Toy, Computer products, House wares, Timepieces, Investments and Others. The toy segment is engaged in the manufacture, sale and distribution of toy and gift products. Computer products segment is engaged in the manufacture and sale of computer heads. Housewares segment is engaged in the manufacture, sale and distribution of housewares. Timepieces segment is engaged in the manufacture, sale and distribution of clocks, watches and electronic products. Investments segment is engaged in the investment in equity securities, structured products and managed funds. Others segment is engaged in the leasing of properties to generate rental income and other distribution activities. On January 20, 2010, it acquired Wesco Limited.
Reports
The Herald Group embraces toys, houseware, computer products and timepieces divisions with operations in Hong Kong, Mainland China and UK.
Toys Division
Herald Metal & Plastic Works Limited, now the operating company of the toy division, was first established in 1969 by Mr. Chang Dong-Song, Mr. Boris Freiman, and the late Mr. George Bloch, and is a leading toy producer with factories in Dongguan. In the mid 1980's, Herald diversified into other fields of manufacturing through the acquisition of two other businesses - houseware and computer heads.
Houseware Division with UK Sales and Distribution Unit
Herald Houseware Limited makes upmarket and protective coated aluminum cookware. Pilot Housewares (UK) Limited, the Group's UK cookware sales and distribution unit, accounts for more than a third of the division's sales.
Computer Products
Herald Datanetics Limited manufactures magnetic tape heads for computer storage drives, and is a major supplier of ferrite and thin-film magnetic recording heads.
Recently, Herald Datanetics diversified into manufacturing of other electronic data storage related products.
Timepiece Division - Product Development, Manufacturing, Marketing and Distribution
In 1989, Herald acquired a factory which manufactured clocks and clock radios. It was then merged into Herald's own timepiece business and the new entity is known as Herald Electronics Limited.
In early 1994, the Group acquired Zeon Ltd., the largest timepiece importer and distributor in the UK. Zeon is a leader in sports, fashion and children's licensed timepieces. Zeon owns the "Ingersoll" trademark, one of the oldest and best known watch brands in the UK.