Harvard International plc (previously known as
Harris Overseas Ltd and than
Alba Group of Companies) is a
British consumer electronics company, which owns the
Goodmans and
iLuv brands.
It was originally called the
Alba Group of Companies, and made only low-cost consumer products under its own brand name but has both founded and acquired other companies either wholly, in part or UK manufacturing rights, building it into a large company.
Harvard International also owns the
Bush brand, in
Oceania only.
Former-owned brands
Harvard International also used to own
Grundig,
Alba,
Pulse Home Products,
Breville and
Hinari, which are now owned by other companies.
Brand name sale to Home Retail Group
Having taken over many other electronics and electrical companies, the
Alba and
Bush brand names were purchased on 27 November 2008 by
Milton Keynes-based
Home Retail Group, the owner of
Argos, in a £15.25 million deal. Argos sold many of Alba's products and will now exclusively sell this range of products. Having completed the deal, Alba plc has reverted to its former name
Harvard International plc.
Financial performance
In the year ending 31 March 2005, Harvard made a profit before tax of £20.8 million on turnover of £664.6 million. It has a network of offices and warehouses throughout the UK, including
Elstree,
Rugby and
Sheffield. Its distribution centre is in
Cortonwood, near
Rotherham.
References
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