About
Martin Naughton, KBE (b. 1940 in Dundalk, County Louth), an Irish entrepreneur, founded Glen Electric in November 1973 with a small manufacturing facility employing just ten people in Newry, Co. Down, Northern Ireland. In 1977, Dimplex, the leading brand in the UK electrical heating market was acquired by Glen Electrics forming the Glen Dimplex Group. The company set out acquiring further businesses across the UK with Morphy Richards, the market leader in small domestic appliances in 1985 followed by Blanella, a manufacturer of electric blankets and Burco Dean Appliances, a manufacturer of products for the catering industry, all in the same year. The 1990s saw the company forge its powers of acquisition and strategic business thinking to acquire further businesses across Europe and beyond.
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1940 (age 85)
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