121:, with the mill's profits ensured through long-term supply agreements with his investors. However, the 1930s recession brought about a need by the investors for cash injections into their own business, resulting by the early 1930s in the company again being wholly family owned. Bowater then oversaw an international expansion of the business, with offices and mills in Canada, the United States and Australia.
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Returning to the family business in 1945, he oversaw its development into six lines of business. The firm grew into the world's leading supplier of paper products, with total assets of £194,891,000 and annual sales of 2,422,000 long tons of paper, pulp and other products valued at £150,818,000. A
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period of international expansion began in 1953, which included investments in North
America in the mid-late 1950s and the acquisition of manufacturers in continental Europe in 1959-60. Company assets at the time of Bowater's death in 1962 totalled close to £200 million.
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He married
Blanche Murre de Ville, with whom he had one daughter. After their divorce, he married, secondly, to Margaret Vivian Perkins, on 23 June 1937. They remained married until his death in 1962, and with whom he had a daughter and a son.
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by his friend Lord
Beaverbrook, he was made a Director-General and placed in charge of the salvage of all downed aircraft. Bowater was subsequently knighted in 1944 for his services to the war effort.
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from a paper merchant to the world's largest paper products company in his 40 years as its CEO and chairman.
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He died at his home in Surrey on 30 August 1962, survived by his wife, son, and two daughters.
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After a period of convalescence, he joined the family business of
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Knight, Robert. "Bowater, Sir Eric
Vansittart (1895–1962)".
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Expanding the firm quickly, he sold part of the business to
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to invest directly in the build of a new paper mill at
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Civil servants in the
Ministry of Aircraft Production
355:. No. 55484. London. 31 August 1962. p. 10.
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78:in 1919, taking charge of
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426:Battle of Passchendaele
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135:He was a Fellow of the
58:in 1917, and decorated
56:Battle of Passchendaele
441:English industrialists
378:10.1093/ref:odnb/31996
137:Royal Society of Arts
76:W.V. Bowater and Sons
351:"Sir Eric Bowater".
261:Municipal University
198:, and in Australia.
233:S.J. Carew (1974).
44:Charterhouse School
16:English businessman
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400:Categories
388:required.)
336:4 February
293:4 February
266:4 February
205:References
164:dairy farm
88:Northfleet
84:paper mill
34:Early life
353:The Times
196:Tennessee
192:Riceville
119:Liverpool
117:close to
96:Gravesend
48:Godalming
113:on the
28:Bowater
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70:Career
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338:2014
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