Saturday, January 8, 2011

Famous Brands of UK That Are Now Owned by Foreigners

A brand is strongly linked with its country of origin. As more logo designs are being produced for corporate entities, people are becoming nationalistic when it comes to selecting products and services. The people in UK are particularly brand conscious and usually favor British brands over their overseas counterparts.

If we take a look at fashion brands, the people in UK still fancy wearing British brands to display a sense of patriotism. This is why many businesses have modified their brand package design to be in harmony with the country they work in. There have been several amalgamations, acquisition and takeovers of British brands that were severely criticized and are still detested by the people of UK. The most recent was the Cadbury takeover by Kraft.

Chelsea FC

Following are 15 UK brands that are now under foreign ownership:

Bentley
It was established in 18 January 1919 and founded by Walter Owen Bentley. It was taken over in1998 and its current owner is Volkswagen Group.

Harrods
It was established in 1834 and founded by Charles Henry Harrod. It was taken over in 8 May 2010 and its current owner is Qatar Holdings

Lotus cars
It was established in1952 and founded by Colin Chapman. It was taken over in 1994 and its current owner is Proton.

Chelsea FC
It was established in 10 March 1905 and founded by Ken Bates. It was taken over in June 2003 and its current owner is Roman Abramovich (Russian billionaire).

Cadbury
It was established in 1824 and founded by John Cadbury. It was taken over in January 2010 and its current owner is Kraft Foods.

Famous Brands of UK That Are Now Owned by Foreigners

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