Bernard Schreier

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Sir Bernard Schreier (28 March 1918 Gösting, Graz 13, Graz, Steiermark, Austria – 1 June 2013), born Bernhard Dov Schreier to Hermann Schreier and Anna Kaswiner), was a Jewish businessman and mechanical engineer. He was born in Austria, then fled to Palestine and lived in Israel. Later he moved to England to develop his businesses.

Schreier's father was a textile merchant from

Israeli Defence Forces in 1948, he was commissioned into the new Engineering Corps and served with them in the Arab–Israeli War that year. He subsequently became a civilian mechanical engineer, working on roads and infrastructure, eventually establishing his own contracting business.[1]

After serving in the Israeli Army again during the Suez Crisis in 1956, Schreier and has family moved to England so that he could work for an engineering company. He then established CP Holdings, which refurbished and resold second-hand heavy equipment; it proved lucrative and in 1977 acquired a business in opencast mining. He gradually acquired smaller competitors and built what The Telegraph described as "a substantial industrial conglomerate".[1] When communism collapsed in Eastern Europe, Schreier took over firstly the Caterpillar Inc. dealership in Hungary and then, from 1995, a large stake in the country's Danubius Hotels Group, which he expanded across Eastern Europe. He was a "passionate enthusiast"[1] for Hungary and was knighted in 2000 for "services to the development of UK–Hungary trade.".[2] At the time of his death, his family's net worth was estimated at £265 million.[1] In the beginning of the 21st century Schreier bought the Israeli Tractor Company and merged into Zoko Group, rearranging as a subsidiary Tractors and Equipment (I.T.E.). This company is the official Caterpillar Inc. dealer in Israel.

References

  1. ^ a b c d "Obituary: Sir Bernard Schreier", The Telegraph, 25 July 2013. Retrieved 2 January 2018.
  2. ^ Supplement to the London Gazette, 19 June 2000 (issue no. 55879), p. 1. Retrieved 2 January 2018.