[citation needed] During 1956, the Netherlands-based electronics company Philips became the majority owner of Signaal after buying a large portion of the shares from the government.The firm expanded throughout much the Cold War period, producing various naval electronics and defense systems for a range of customers around the world.[3] A high proportion of the firm's employee were able to escape to the United Kingdom, where many applied their expertise with radar and fire control systems on behalf of the Allies.Following the Liberation of the Netherlands and the end of the conflict, most chose to return to the country; the factory itself having been pillaged and left derelict by the Germans.[3] However, the Cold War's demise had led to hefty cuts in many nation's defence budgets, which had in turn caused a downturn in customer demand for Signaal, compelling the company to reorganise itself and to reduce its level of staffing.