Mr. Watson said in an interview earlier this year that a string of power plant acquisitions had kept his company diversified and balanced.

Vaux Breweries was renamed Vaux Group in the 1990s as the company diversified into hotels and care homes.

During World War II the company diversified into armaments, as did so many other engineering companies.

In 1986 the company diversified into auto parts manufacture.

In 1946 the company diversified into the Nuclear industry, forming Fairey Stainless.

Eassie's company diversified after the railway boom period, manufacturing windows and doors, as well as prefabricated wooden huts to the gold prospectors in Australia.

He says the company diversified beyond video games the last several years by bolstering its game business for personal computers.

Consequently, after the war, the company diversified into towage, shipbuilding, and the shipping of salt, coal and sugar.

During the 1930s, the company diversified into anti-friction bearings and from that point forward evolved into the formidable force it represented during the 1990s.

Recently in 2011 the company also diversified into Telecom & allied services distribution sector.