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In 2002 Sir Derek Bibby, 2nd baronet, and great-great-grandson of the founder and past chairman and president of the firm, was aged 80 and terminally ill with leukemia.
He inherited the baronetcy and the family estates in Frankley, Halesowen, Hagley, and Upper Arley on the death of his brother Sir Henry Lyttelton, 2nd Baronet in 1693.