rc2662 industry conglomerate founded 1897 headquarters lagos liverpool revenue 12 billion ngn 2006 number of employees 1 200 2006 website john holt plc the logo of john holt consists of a brass manilla previously used in some parts of nigeria as currency and a five point star which signifies the group s enduring connection with liverpool . john holt plc is a nigerian conglomerate . it has been an important participant in many areas of the economy . the nigerian company is a subsidiary of john holt & co. liverpool ltd a united kingdom company . a minority of the shares are traded on the nigerian stock exchange . contents 1 history 1.1 origins 1.2 the liverpool company 1.3 the nigerian company 2 the company today 3 references 4 further reading 5 external links history edit origins edit the company traces its origins to 1862 when john holt 20 years old at the time with 27 in his pocket sailed from liverpool to take up an appointment as a shop assistant in a grocery store in fernando po now equatorial guinea . five years later he bought out his employer and he was joined by his brother jonathan . in 1868 johnathan bought a schooner which enabled the brothers to open more trading posts in west africa . in 1874 the brothers opened an office in liverpool . in 1881 john entered the palm oil trade . in 1884 the brothers formed a partnership john holt and company to consolidate their business interests . subsequently john entered into new partnerships including a venture in lagos in nigeria in 1887 . 1 the liverpool company edit in 1897 the partnerships were absorbed into a new limited company john holt & co. liverpool ltd. the company built up an extensive produce trade in which palm oil palm kernels rubber and cocoa were exported from nigeria to england . imports included textiles from lancashire and bicycles from birmingham . a fleet of ships operated a fortnightly service from liverpool to west africa and the company also had its own fleet of river craft . apart from produce and merchandise these river craft also carried cash . where banks did not exist john holt had strong rooms . even after banks were established many nigerians preferred to deposit their cash with john holt . 2 in 1970 the company was taken over by lonrho . 3 in 2001 lonrho sold the company to a management led group of investors . the nigerian company edit in 1961 the liverpool company formed a locally incorporated subsidiary in nigeria john holt limited to hold its nigerian interests . it became a public company and was quoted on the nigerian stock exchange in may 1974 . the company today edit the company s businesses in nigeria include the assembly and distribution of power generators leasing distribution of fire fighting equipment logistics boat building and fabrication of industrial and agricultural equipment . 4 the parent company in liverpool is involved in the procurement and finance of exports . 5 coordinates 6 35 51 n 3 22 11 e 6.59750 n 3.36972 e 6.59750 ; 3.36972 references edit bodleian library papers of john holt & co liverpool ltd john holt plc website history times online august 2 2007 obituary of philip hunter john holt plc website profile john holt plc website liverpool further reading edit decker s. return to imperial trade john holt & co liverpool ltd. as a contemporary free standing company 1945 2006 in the empire in one city liverpool s inconvenient imperial past manchester university press 2008 isbn 978 071907887 3 external links edit john holt corporate website google finance listing for john holt england portal nigeria portal retrieved from https en.wikipedia.org w index.php title john holt plc & oldid 730616303 categories companies based in lagoscompanies listed on the nigerian stock exchangehistory of nigeriacompanies based in liverpoolhidden categories coordinates not on wikidata navigation menu personal tools not logged intalkcontributionscreate accountlog in namespaces article talk variants views read edit view history more search navigation main pagecontentsfeatured contentcurrent eventsrandom articledonate to wikipediawikipedia store interaction helpabout wikipediacommunity portalrecent changescontact page tools what links hererelated changesupload filespecial pagespermanent linkpage informationwikidata itemcite this page print export create a bookdownload as pdfprintable version languages add links this page was last modified on 20 july 2016 at 05 20 . text is available under the creative commons attribution sharealike license ; additional terms may apply . by using this site you agree to the terms of use and privacy policy . wikipedia is a registered trademark of the wikimedia foundation inc. a non profit organization . privacy policy about wikipedia disclaimers contact wikipedia developers cookie statement mobile view