JPM International

From Sega Retro

JPM SegaCompany logo.png
JPM International
Founded: 1972-09-11[1][2]
Defunct: 2015-06-25[3]
Hadfield Road, Leckwith Trading Estate, Cardiff, South Glamorgan, Wales, United Kingdom
Birmingham Business Park, Birmingham, West Midlands, England, United Kingdom
Sales Office:  Foreshore Road, Butetown, Cardiff, South Glamorgan, Wales, United Kingdom

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JPM International, Ltd. was a British designer and manufacturer of slot machines[4][5] founded in Cardiff, on September 11, 1972[6] as JPM Automatic Machines Ltd[7] (the name of the company until November 1994[8]) by John Alan Jones[9] and David Edward Barron.

The older JPM International, Ltd logo

The company was acquired in 1988[10] by Whitbread plc, a British multinational hotel and restaurant company based in Houghton Regis, Bedfordshire, with origins in brewing, which sold it to management in August 1992[10].

JPM became a Sega company in April 1996[11], when Sega bought its parent holding company, Games Network Ltd.. It sold the company in 2004 to Tony Jones (JPM International's former COO and Group Finance Director[12]) and Brian Mitchell (JPM International's former Group Operations Director[12]).

In 2010, the company was acquired by Simon Herbert[13], former CEO International at Astro Corp. of Taiwan[14], which after some restructuring internally, focused on materials costs and improvement in trade terms which resulted in a return to profit in 2011. However, at the beginning of 2012, due to a decline in demand from the major export customers and the financial pressures of the pension fund that Simon Herbert acquired along with the company in 2010, JPM International, Ltd was put in a bad financial situation.

On October 4, 2013[15] after a board meeting, Simon Herbert instructed British business advisory firm FRP Advisory LLP[16][17] to assist management in placing JPM International, Ltd into voluntary liquidation only to acquire it back a few weeks later[18][19] in an attempt to save the company from dissolution.

Whatever the reasons, the company was ultimately dissolved following liquidation on June 25, 2015[3].


Photo gallery

Promotional material


External links


  1. File:JPMAutomaticMachinesLtd Certificate of Incorporation 1972-09-11.pdf
  3. 3.0 3.1 File:JPMInternationalLtd Final Gazette dissolved following liquidation 2015-06-25.pdf
  4. (Wayback Machine: 2019-01-30 17:28)
  5. (Wayback Machine: 2019-01-30 17:21)
  6. (Wayback Machine: 1998-12-12 03:02)
  7. Cash Box, "January 1, 1977" (US; 1977-01-01), page 35
  8. File:JPMAutomaticMachinesLtd Certificate of Incorporation on Change of Name 1994-11-22.pdf
  10. 10.0 10.1 Press Release: 1992-08-18: Whitbread sells fruit machine arm
  11. Press Release: 1996-04-11: INTERNATIONAL BRIEFS;Sega Buying Maker Of Slot Machines
  12. 12.0 12.1 (Wayback Machine: 2006-04-30 17:55)
  16. File:JPMInternationalLtd Extraordinary resolution to wind up 2013-10-30.pdf
  17. File:JPMInternational Appointment of a voluntary liquidator 2013-10-30.pdf