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Company type | Private |
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Founded | 1958 |
Founder |
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Headquarters | , |
Revenue | ₹3,254.77 crore (US$410 million) |
Subsidiaries |
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Website | www.finolex.com |
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Associated Electrical Industries (AEI) was a British holding company formed in 1928 through the merger of the British Thomson-Houston Company (BTH) and Metropolitan-Vickers electrical engineering companies. In 1967 AEI was acquired by GEC, to create the UK's largest industrial group. A scandal that followed the acquisition is said to have been instrumental in reforming accounting practices in the UK.
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