Fisherman’s Friend’s Doreen Lofthouse bequeaths fortune to seaport hometown

Lofthouse, who died this year, gave her $56.3 million fortune to the town that bore her company’s most famous product

National Weekend Edition /
Oct.October 31, 2021 12:00 PM
Doreen Lofthouse with Fleetwood in Lancashire, England (Getty, Facebook)

Doreen Lofthouse with Fleetwood in Lancashire, England (Getty, Facebook)

A cough is worth $56.3 million.

At least that’s the case for the English town of Fleetwood, where Doreen Lofthouse, the late businesswoman who helped turn Fisherman’s Friend lozenges into a global brand, bequeathed a 41.1 million pound fortune to the Lancashire County community, the BBC reported.

She donated the fortune to the Lofthouse Foundation, which she and her family set up in the 1990s to invest in their hometown, a seaport on the Irish Sea up the coast from Liverpool.

It was a fitting move by a woman known as “the mother of Fleetwood” who regularly supported local public projects. She died in March at the age of 91.
The foundation has helped fund floodlights for the local soccer club, bought a lifeboat for the Royal National Lifeboat Institution and “welcome home” statues for fishermen and their families.

Fleetwood is where pharmacist James Lofthouse first developed his lozenges in 1865. The story goes that Lofthouse developed a eucalyptus and menthol elixir after three fisherman with sore throats tried and failed to tell him about their catch. He later turned the elixir into lozenges.

Doreen Lofthouse married James’ grandson, Tony, in the 1960s, when the brand was little known outside the fishing community.

Lofthouse later became director of the company, modernizing its operations, moving to retail and spearheading its expansion abroad. The company now produces about five billion lozenges a year.

Her charity work garnered awards from the British government, including MBE and OBE honors. Shortly after those awards were stolen in 2009, Lofthouse gave “hundreds of thousands of pounds” to Lancashire police. Some Fleetwood residents want the town to erect a memorial for Lofthouse as well.
Fleetwood Town Council Vice Chairman Mary Stirzaker said the town will work “to identify projects that will benefit the town for years to come.”
“We have got to keep Fleetwood on the map,” she said. “I hope that this brings more visitors to our town.”

[BBC] — Dennis Lynch 


Related Articles

arrow_forward_ios
Let it be sold: George Harrison’s childhood home in Liverpool heads for auction
Let it be sold: George Harrison’s childhood home in Liverpool heads for auction
Let it be sold: George Harrison’s childhood home in Liverpool heads for auction
Robbie Williams asks $9.2M for his sprawling English estate
Robbie Williams asks $9.2M for his sprawling English estate
Robbie Williams asks $9.2M for his sprawling English estate
Nearly 100K homes sold across UK in August ahead of tax break expiration
Nearly 100K homes sold across UK in August ahead of tax break expiration
Nearly 100K homes sold across UK in August ahead of tax break expiration
London fire officials say over 1K buildings unsafe in a fire
London fire officials say over 1K buildings unsafe in a fire
London fire officials say over 1K buildings unsafe in a fire
Blackstone, HPP look to expand studio empire to the UK
Blackstone, HPP look to expand studio empire to the UK
Blackstone, HPP look to expand studio empire to the UK
(Hunter French, Getty)
This house sale is no shell game
This house sale is no shell game
The Newhouse Estate (Strutt & Parker)
Ye olde 900-acre English estate politely asks $25M
Ye olde 900-acre English estate politely asks $25M
The median accumulation of wealth through homeownership for a Black family over the last 10 years is zero. (iStock)
UK’s Black families gain zero wealth through property ownership
UK’s Black families gain zero wealth through property ownership
arrow_forward_ios

The Deal's newsletters give you the latest scoops, fresh headlines, marketing data, and things to know within the industry.

Loading...