Tourists seeing the sights of London were met with a strange
spectacle a fortnight ago. Habitually pinstriped executives from Lowe
Bell Political and Lowe Bell Financial teamed up with financial hotshots
from Schroders and James Capel and City lawyers from Herbert Smith to
don t-shirts and hunt for hidden treasure.
Was this the latest management bonding fad or a new type of pub
Far from it. In fact chemicals company Allied Colloids, which last month
saw off a hostile bid by US giant Hercules, leaping instead into the
arms of Swiss white knight CIBA Speciality Chemicals, was rewarding its
takeover team for all its hard work.
Kitted out in brightly-coloured team t-shirts with swans, flamingos and
pelicans on them, big cheeses including Kevin Bell of Lowe Bell
Political and David Beck of Lowe Bell Financial used their powers of
deduction to trace a route from St Paul’s Cathedral to Victoria, via the
Was it all worth it? Well, a swish dinner was awaiting those who arrived
bedraggled at Leeds Castle in Kent. Bell assures me that they earned it:
’It was quite tiring,’ he says.
I’m not certain of what losing company Hercules has planned for its team
at Financial Dynamics but its certainly not the elusive treasure of a
fat success fee.