Company type |
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Industry | Conglomerate |
Founded | 1816 |
Headquarters | One Pacific Place, Hong Kong (Operational HQ) London (Registered HQ) (Hong Kong but with registered office in London for John Swire & Sons Limited (UK) and some other related entities and subsidiaries) |
Key people | Barnaby Swire, Chairman, John Swire & Sons Limited, Merlin Swire, (Chairman, Swire Pacific) |
Products | Property, aviation, beverages, food chain, shipping, offshore support services, agriculture, manufacturing, wholesale and retail, mining etc. |
Revenue | £12.08 billion (2021) [1] US$16.3 billion |
Number of employees | 100,000+ [2] |
Subsidiaries | Swire Pacific, Swire Properties, HAECO, Steamships Trading Company, Swire Beverages, The China Navigation Company, Swire Resources, Swire Foods |
Website | Swire.com |
Swire | |||||||||||
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Traditional Chinese | 太古集團 | ||||||||||
Simplified Chinese | 太古集团 | ||||||||||
Jyutping | taai3 gu2 zaap6 tyun4 | ||||||||||
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Swire Group (Chinese :太古集團) is a highly diversified global corporation,with businesses encompassing property,beverages and food chain,aviation,marine,as well as trading and industrial activities. Its core businesses are mainly focused on Asia,with its key operations in Hong Kong and the Chinese Mainland. Within Asia,Swire's activities come under the group's publicly quoted arm,Swire Pacific Limited,which is the largest shareholder in two Hong Kong listed companies:Swire Properties and Cathay Pacific. The Group's parent company,John Swire &Sons Limited,holds controlling stakes in a range of businesses trading in the UK,USA,Australia,Papua New Guinea,East and West Africa,and across Southeast Asia. Taikoo (太古) is the Chinese name of Swire. It serves as the brand name for businesses such as Taikoo Sugar and Taikoo Shing.
The Swire Group's privately owned parent company is London-based John Swire &Sons Limited. [3] The Swire Group,started by John Swire (1787–1847) in 1816,had its beginnings as a modest Liverpool import-export company based mainly on the textile trade. [4]
The Swire Group's core businesses in Hong Kong are held by Swire Pacific Limited,listed on the Hong Kong Stock Exchange. [5] The Group's businesses are arranged into groups:property,aviation,beverages and food chain,marine services,and trading and industrial.
In 1948,Swire Pacific acquired Cathay Pacific,Hong Kong's largest airline,and remains as the largest shareholder,with 42%. [6]
Incorporated in 1972,Swire Properties develops and manages commercial,retail and residential properties,with a particular focus on mixed-use development in prime locations at major mass transportation intersections. [7] The company's investment portfolio in Hong Kong totals approximately 17.8 million sq ft (approximately 1.66 million square metres [note 1] ) of gross floor area,with Pacific Place, [8] Island East [9] as its core holdings. In addition to Hong Kong,the company has a presence in China,the United States and the United Kingdom. In China,Swire Properties has a portfolio amounting to approximately 12.9 million sq ft (approximately 1.20 million square metres [note 1] ),the majority of which is under construction. The five projects consist of mixed-use developments in Beijing,Shanghai,Guangzhou and Chengdu, [10] with Sanlitun Village [11] and The Opposite House hotel [12] in Beijing being the best-known among them. In 2008,the Company formed Swire Hotels [13] to create and manage urban hotels in Hong Kong,China and the United Kingdom.
Swire Pacific Offshore Holdings Limited (SPO),was a wholly owned subsidiary of Swire Pacific,supplying chartered vessels that supported the offshore oil and gas industry worldwide. It owned a fleet of 69 offshore vessels. [14]
Tidewater entered into a definitive agreement to acquire all of the outstanding shares of Swire Pacific Offshore (SPO),a subsidiary of Swire Pacific Limited,for approximately $190 million in early March 2022. Tidewater announced the completion of its acquisition of Swire Pacific Offshore on Friday 22 April 2022. [15]
The China Navigation Company is the deep-sea shipping arm of John Swire &Sons Ltd.
John Swire &Sons (Green Investments) Ltd has acquired Scottish biodiesel producer Argent Energy. Argent Energy pioneered large scale commercial biodiesel production in the UK when it started production at its plant near Motherwell in Scotland in 2005. [16] The firm makes its road fuel by recycling wastes and residues from other industries –specifically used cooking oil which is a waste from the food industry,tallow from the meat industry,and sewer grease.
Swire is an anchor bottler in the Coca-Cola System. It is the bottler of Coca-Cola and its related products in 11 provinces and the Shanghai Municipality in Mainland China,Hong Kong,Taiwan,Cambodia,Vietnam,and 13 states in the western USA. [17] This territory represents a population of 780 million people. [18]
Swire Pacific was formed in 1974 (from Taikoo Swire) to become the main holding company for Swire's Hong Kong-based assets.
Cathay Pacific Airways Limited (CPA), more widely known as Cathay Pacific, is the largest carrier of Hong Kong with its head office and main hub located at Hong Kong International Airport. The airline's operations and its subsidiaries have scheduled passenger and cargo services to over 190 destinations and more than 60 countries worldwide including codeshares and joint ventures. Cathay Pacific operates a fleet consisting of Airbus A321neo, Airbus A330, Airbus A350, and Boeing 777 aircraft. Cathay Cargo operates two models of the Boeing 747. Defunct wholly-owned subsidiary airline Cathay Dragon, which ceased operations in 2020, operated to 44 destinations in the Asia-Pacific region from its Hong Kong base. In 2010, Cathay Pacific and Cathay Cargo, together with Cathay Dragon, transported nearly 27 million passengers and over 1.8 million tons of cargo and mail.
Hong Kong Dragon Airlines Limited, also known as Cathay Dragon (國泰港龍航空) and until 2016, Dragonair, was a Hong Kong-based international regional airline, with its corporate headquarters and main hub at Hong Kong International Airport. In the final year before it ceased flying, the airline operated a scheduled passenger network to around 50 destinations in 14 countries and territories across Asia. Additionally, the airline had three codeshares on routes served by partner airlines. It had an all-Airbus fleet of 35 aircraft, consisting of A320s, A321s, and A330s.
Quarry Bay is an area beneath Mount Parker in the Eastern District of Hong Kong Island, in Hong Kong. Quarry Bay is bordered by Sai Wan Ho to the east, Mount Parker to the south, North Point to the west, and Victoria Harbour to the north.
Hong Kong Aircraft Engineering Company Limited (HAECO) is one of the world's leading independent aircraft engineering and maintenance groups with its head office located at Hong Kong International Airport. Established in 1950, the HAECO Group comprises 15 operating companies, employing around 15,000 staff in Hong Kong, Chinese Mainland, Europe and the United States. It is a member of the Swire Group. HAECO Group provides a comprehensive range of solutions encompassing airframe services, line services, inventory technical management, component overhaul, aerostructure repairs, landing gear services, engine services, global engine support, parts manufacturing and technical training.
Taikoo Place is a commercial building complex located in Quarry Bay, east Hong Kong Island, Hong Kong. It comprises grade A office towers, car parking, clubs, office apartment, parks, and shops. It is reachable by MTR Island line (MTR). These three complexes are all managed by Swire Properties since the beginning from Taikoo Sugar Refinery, the subsequent Taikoo Dockyard and the recent demolitions of the industrial buildings.
Taikoo Dockyard and Engineering Company was a dockyard in what is now Taikoo Shing, MTR Tai Koo station and part of Taikoo Place of Quarry Bay on the Hong Kong Island in Hong Kong.
Christopher Dale Pratt, CBE, was the chairman and executive director of Cathay Pacific Airways Limited and Swire Pacific Limited.
Hong Kong Airport Services Limited(HAS) was founded in 1995 and began operations in July 1998 with the opening of Hong Kong International Airport. It employs approximately 3,100 people and owns 3,000 ground-support equipment and vehicles. It is owned by Cathay Pacific, with offices located at Cathay City, Cathay House, Passenger Terminal Building and Cathay Pacific Cargo Terminal.
Swire Properties Limited is a property developer, owner and operator of mixed-use, principally commercial properties in Hong Kong and Mainland China. Founded and headquartered in Hong Kong in 1972, Swire Properties is a major property developer in Hong Kong, and is listed on the Stock Exchange of Hong Kong. Including subsidiaries, it employs around 4,500 people. The company is, in turn, a subsidiary of the publicly-listed Swire Pacific Limited.
Taikoo Hui Guangzhou is a multi-use complex in Tianhe District of Guangzhou, China. The project consists of a large indoor shopping mall, two Grade-A office towers, Guangzhou's first five-star Mandarin Oriental Hotel, serviced apartments and a cultural centre. The 358,000 square metre property was designed by American company Arquitectonica, and is managed by Hong Kong-based Swire Properties.
Swire Hotels is a division of Swire Properties Limited, a subsidiary of Swire Pacific Limited, a blue chip company quoted on the Hong Kong Stock Exchange.
HMAS Whang Pu (FY-03) or SS Wang Phu was a 3,204 ton riverboat of the China Navigation Company that was commissioned into the Royal Australian Navy (RAN) in the Second World War. Her Chinese name translates to "Happy Times". She was one of a group of vessels called the "China Fleet" requisitioned for the RAN in similar circumstances.
Taikoo Sugar Refinery is a sugar importer and former sugar refinery in Hong Kong.
759 Store is a Hong Kong chain store selling groceries and snacks. The name 759 is the Hong Kong Stock Exchange code for its parent company, CEC International Holdings Limited. Its Chinese name originated from the Japanese drama Oshin. 759 stores mainly import Japanese, Korean and other foreign food items and sells them more cheaply than other supermarkets in Hong Kong.
SS Shuntien was a 3,059 GRT coastal passenger and cargo liner of the British-owned The China Navigation Company Ltd (CNC). She was built in Hong Kong in 1934 and sunk by enemy action in the Mediterranean Sea with great loss of life in 1941. A Royal Navy corvette rescued most of Shuntien's survivors, but a few hours later the corvette too was sunk and no-one survived.
Taikoo Li Sanlitun, formerly Sanlitun Village, is a shopping center in the Sanlitun area of the Chaoyang District in Beijing, China. It comprises 19 buildings on two sites that are a few minutes walk from each other. Besides retail space, the project includes a 99-room boutique hotel, The Opposite House (瑜舍).
Philip Chen Nan-lok, GBS, JP is a Hong Kong businessman, best known for being the first local Hong Kong Chinese Chief Executive Officer and later Deputy Chairman of Cathay Pacific. He has also held a number of senior business posts in Hong Kong, such as Executive Director of Swire Pacific, Chairman of Ocean Park, and Chief Executive Officer of Hang Lung Group and Hang Lung Properties. He was appointed Chairman of the Hong Kong Jockey Club in June 2020.
SS Hoihow was a British passenger ship built in 1933 in Hong Kong by the Taikoo Dockyard & Engineering Company of Hong Kong Ltd. in 1933 for The China Navigation Company of London to operate on the Indochina trade.
William Charles Goddard Knowles, CBE, MA, LLD, JP was a British businessman in Hong Kong. He was general manager of the Butterfield and Swire, chairman of the Cathay Pacific Airways, member of the Legislative Council and the Executive Council and vice-chancellor of the University of Hong Kong.
John Robert Slosar is an American-born Hong Kong businessman. He was the chairman and CEO of Cathay Pacific and chairman of Swire Pacific.