Allen, Sons and Co (which had absorbed William Foster & Co. in 1960) and Belliss and Morcom.
[1] In 1966, the receiver of Crossley Brothers of Manchester,[2] sold the Crossley-Premier Engines and Furnival and Co businesses to Belliss and Morcom (B&M) of Birmingham, West Midlands.
Allen, Sons and Co of Bedford,[3] to form Amalgamated Power Engineering (APE), 60% owned by Allen's shareholders (which included William Foster & Co.) and 40% by Belliss and Morcom; which instantly became a leading manufacturer of engines.
After a difficult period in the 1970s, when due to ongoing losses APE sold a number of subsidiaries, in 1981 APE was acquired by Northern Engineering Industries plc, based in Gosforth, Newcastle upon Tyne.
[5] NEI shut most of the old central-Birmingham factories, consolidated the products around compressors, and moved B&M to Redditch.