Saccone and Speed Ltd , wine and spirits merchants

Saccone and Speed Limited, wine and spirits merchants, was established in 1839. H and G Simonds had acquired a large holding. The company was associated with Lawn and Alder which they set up as a limited company in 1954. By 1960 the parent company in Gibraltar had wholly owned subsidiaries in London and Morrocco with branches in Malta and South Africa. Whisky was sold in USA. In 1961 Courage, Barclay and Simonds acquired the balance of the share capital. By 1963 most of the home trade (function of Saccone and Speed London Ltd) was taken over by Charles Kinloch.