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Elders




It was founded in 1840 in South Australia by Alexander Lang Elder (1815 - 1885) as a trading company and commission agent for Wool and other agricultural products for sale back to Britain . Elder believed there were good business opportunities for trade out of the colony which had been newly proclaimed in December 1836.

The company has had a number of name changes, usually as a result of mergers. In 1903 , it was known as ''Elder Smiths''. That year, it merged with George Shenton 's shipping business to form ''Elder Shenton and Co. Ltd.'' In 1974 , Elders IXL emerged when ''Elder Smith Goldsbrough Mort & Co Ltd'' merged with Henry Jones IXL under the managing directorship of prominent businessman John Elliott . The Henry Jones IXL business was subsequently sold in 1989 to The J.M. Smucker Co. based in the USA. The company acquired Carling O'Keefe in 1987 . In 1983 , Elders acquired Carlton And United Breweries and the combined entity was renamed Foster's Brewing Group in 1990 .

In 1995 it was purchased by Futuris Corporation from the Fosters Group .

Today it has a number of trading divisions and subsidiaries:
  • Australian Agricultural Company

  • BWK Elders

  • Elders Rural Bank


As well as an extensive regional branch network throughout Australia, it has offices in Germany , Japan , China and Korea .


HISTORY OF MERGERS


  • 1840 - 1853 A.L. Elder & Co

  • 1853 - 1856 Elder & Co

  • 1856 - 1863 Elder, Stirling & Co

  • 1863 - 1888 Elder Smith & Co

  • 1888 - 1963 Elder Smith & Co Ltd

  • 1903 - 1918 Elders Shenton & Co

  • 1855 - 1881 R. Goldsbrough & Co - founded by Richard Goldsbrough

  • 1881 - 1888 R. Goldsbrough & Co Ltd

  • 1849 - 1888 Mort & Co - founded by Thomas Sutcliffe Mort

  • 1888 - 1963 Goldsbrough Mort & Co Ltd

  • 1963 - 1982 Elder Smith Goldsbrough Mort Ltd

  • 1877 - 1881 Australian Agency and Banking Corporation Ltd

  • ? - 1965 Western Queensland Pastoral Co Ltd

  • 1884? - 1939 Pearson Rowe, Smith & Company Pty Ltd

  • 1888 - 1925 Bagot, Shakes & Lewis Ltd

  • 1889 - 1920 Younghusband, Row and Company Limited

  • 1920 - 1971 Younghusband Ltd

  • 1882 - 1974 Squatting Investment Co Ltd

  • 1888 - 1976 Pitt, Son & Badgery Ltd

  • - 1981 Henry Jones (IXL) Ltd

  • 1982 - 1990 Elders IXL Ltd



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