Back in the family
Allied MediaThe wheel of ownership that began with George Bell in 1869 comes full circle in 1986. The Smith family leads a management buy-out of Otago Press & Produce, re-establishes Allied Press Ltd, and returns the business to private ownership. Sir Julian Smith becomes principal shareholder, chairman and managing director. His brother, Nicholas Smith ONZM, is a major shareholder, director and business manager. Five generations of the family have served as directors of the business: After George Bell’s proprietorship of The Evening Star (1869–1895), his daughter Hannah Smith (née Bell) served as director from 1896 to 1933. Her son, C. Stanley Smith, followed from 1902 to 1943. His son, S. D. Smith, was director from 1933 until his death in 1974, when his son Sir Julian Smith took over the role, later joined by Nicholas Smith. Today, three of their children are involved in the company, continuing the family connection into the sixth generation.