BUSINESS MERGER

Otago Daily Times, Issue 27012, 22 February 1949, Page 7

BUSINESS MERGER

SHIPPING INTERESTS A business merger of considerable interest took place recently in Dunedin when two well-known and old-estab-lished firms, H. L. Tapley and Co., Ltd., and J. W. Swift and Co., Ltd., amalgamated their shipping interests and from this - a new company, which is to be known as Tapley Swift Shipping Agencies. Ltd., has emerged and will commence operations from their offices at 49 Bond street on March 1. Associated also with this new company is the wellknown Port Line, which company has been jointly represented by J. W. Swift and Co.. Ltd., and H. L. Tapley and Co Ltd., for a very long period, and' particularly does this apply to J. W. Swift and Co;, Ltd., whose association goes back to the days when Port Line were then known as the Tyser Line. Amongst the other shipping agencies previously held by H. L.. Tapley and Co., Ltd., and now transferred by them to the new company are included Blue Star Line, MANZ- Line, Scales Line, Bank Line, Matson Line, Wilh Wilhemsen Line and the well-known coastal service owned and operated bv the Canterbury Steam Shipping Company, Ltd., all of which are regular traders to this and other New Zealand ports. Both J. W. Swift and Co., Ltd., and H L. Tapley and Co., Ltd., will, however, continue to carry on their other interests under their own names, the former as wool buyers operating throughout New Zealand and the latter as wool dumping proprietors, stevedores, insurance, agents, airways and travel agents and general merchants.