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Rolls-Royce was developed from the electrical and mechanical business, Royce Limited, established by English engineer Henry Royce in 1884. After building his first motor car in 1904, Royce met Charles Rolls, whose company CS Rolls & Co sold quality cars in London.
Rolls-Royce Limited was a British luxury car and later an aero-engine manufacturing business established in 1904 in Manchester by the partnership of Charles Rolls and Henry Royce.
Rolls-Royce Holdings plc is a British multinational aerospace and defence company incorporated in February 2011. The company owns Rolls-Royce, a business established in 1904 which today designs, manufactures and distributes power systems for aviation and other industries.
Key Dates: 1884: Frederick Henry Royce founds F.H. Royce and Company in Manchester, England. 1904: Royce builds his first automobile, and reaches a sales agreement with Charles Stewart Rolls to sell "Rolls-Royce" cars. 1915: The company begins production of aircraft engines.
Born in 1863 in Peterborough, England, Royce sold newspapers and worked as a telegram boy before his fortunes changed. At 14 years old, one of Royce’s aunts paid for him to begin an apprenticeship with Great Northern Railway Works.
In 1971 Rolls-Royce was nationalised and in 1973 Rolls-Royce Motors was formed as a separate entity from the aircraft and marine engine business. In 1980 Rolls-Royce was aquired by Vickers who in 1998 sold the company to Volkswagen. However they didn’t have rights to the trademark name and logo.
The Rolls-Royce proposition. Build a high-performing, competitive and resilient business with profitable growth. Grow sustainable free cash flow. Build a strong balance sheet and grow shareholder returns.
