Lehman Brothers Collection - Contemporary Business Archives

Harvard Business School Baker Library Historical Collections

Lehman Brothers Collection

Twentieth-Century Business Archives

Associated Rayon Corp. - Lehman Brothers Collection

Associated Rayon Corp.

List of Deals

Associated Rayon Corporation was incorporated in Maryland in November 1928 to acquire securities of U.S. and foreign companies in the rayon and allied industries. With the proceeds of the initial public offering of common stock in 1928, Associated Rayon spent approximately $5 million and paid an additional 1.2 million shares to Vereinigte Glanzstoff-Fabriken A.G. to acquire a substantial interest in the following companies: Vereinigte Glanzstoff-Fabriken, A.G.; J.P. Bemberg, A.G., Germany; Erste Oesterreichische Glanzstoff-Fabrik, A.G., Austria; Societa Nazionale Industria Applicazioni Viscosa, Italy; Asahi Bemberg Kenshi K.K., Japan; Algemeene Kunstzijde Unie N.V., Netherlands; American Bemberg Corporation, Johnson City, Tennessee; American Glanzstoff Corporation, Elizabethton, Tennessee; and American Enka Corporation, Asheville, North Carolina.

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