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Historique
The company has its origins in the formation of Lambert, Ridley and Company, coal factors and ship and insurance brokers in 1845. By 1869 the name had changed to Lambert Brothers and Scott, with a head office at 85, Gracechurch Street, London. The company expanded and moved into other areas of business including: the merchanting and exporting of coal; ownership of carrying vessels; insurance of ship and cargo and purchase and sale of ships.
Newton Dunn joined the company in 1876, became a partner in 1892, and the first chairman of Lambert Brothers Limited in 1902. The newly formed public company continued as coal depot proprietors, coal exporters, foreign coaling agents, and shipowners and ship and insurance brokers. Coal remained the mainstream of the business, but the company moved increasingly to more diverse areas, like ship and aircraft brokering. Later years saw the expansion of overseas business, notably with the installation of a subsidiary, Ybarrola Depositos de Aceite Combustible S.A., at Bilboa to meet bunkering and agency needs of ships involved in the export of iron ore.
Lambert Brothers Limited was bought by Hill Samuel in 1968, who were in turn acquired by TSB Group Plc. In May 1992 the shipping business was purchased by Inchcape Group, although the company is still owned by TSB and called Endeavour Marine Services.