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The organization was shaped to obtain the business interests of the Rank Organisation, which alone was formed out of the enterprise interests of its founder, J. Arthur Rank.
Till the begin of the twenty first century, the group even now experienced a remarkable volume of leisure holdings nevertheless, as the 10 years progressed they marketed their interests in Pinewood Studios and the Odeon cinema chain. It also divested alone of its engineering organizations this kind of as its share in Rank Xerox, promoting Rank Leisure Machine Providers to Games