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<p>[QUOTE=&quot;terry5732, post: 337775, member: 42&quot;]<font size="3"><b>United Kingdom and International unit spun off</b></font></p><p>Continuing losses led to the sale of the UK division in September 1981 to Jeffrey Port, who quickly reorganized it as Ronson International. The losses continued, and the new company was in <a href="https://en.wikipedia.org/wiki/Receivership" target="_blank" class="externalLink ProxyLink" data-proxy-href="https://en.wikipedia.org/wiki/Receivership" rel="nofollow">receivership</a> by July 1982. Geoffrey Lord bought it in 1983, renamed it Ronson Exports Limited, and attempted to return to profitability by adopting the competition&#039;s approach of importing lighters produced cheaply in Asia.[/QUOTE]</p><p><br /></p>

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