Duncan Flockhart and Company Limited 1816

1816: founded; 1952: T & H Smith bought Duncan Flockhart; by 1960, T & H Smith and J.F Macfarlan merged to form Edinburgh Pharmaceuticals; 1963: the Glaxo Group bought Edinburgh Pharmaceuticals and used the name Macfarlan Smith Ltd. Macfarlan Smith remained part of Glaxo until 1990, when there was a Management Buy Out. 1995: Macfarlan Smith Limited floated on the London Stock Market under the holding company Meconic; 2001: Johnson Matthey plc acquired Meconic; 1948: Duncan Flockhart & Co. Limited; 1995-2005: Wellcome UK Limited (now dissolved)