- Charter International
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Charter International plc Type Public (LSE: CHTR) Industry Engineering Founded 1889 Headquarters London, UK Key people Lars Emilson, Chairman
Michael Foster, CEORevenue £1,719.6 million (2010)[1] Operating income £145.9 million (2010)[1] Net income £118.9 million (2010)[1] Employees 12,313 (2010)[1] Website www.charter.ie Charter International plc (LSE: CHTR) is a large British engineering business based in London. It is a constituent of the FTSE 250.
Contents
History
The business was founded as The British South Africa Company in 1889 by Royal Charter.[2]
In 1965 The British South Africa Company merged with The Central Mining & Investment Corporation and The Consolidated Mines Selection Company to form Charter Consolidated.[2]
In the 1980s the company disposed of its overseas mining concerns to concentrate on its British engineering interests.[2]
In 1993 the company's name changed to Charter plc.[2]
In 1994 it acquired ESAB[3] and in 1997 it acquired Howden.[4]
In 2008 the business was restructured with the creation of a new Irish resident holding company known as "Charter International plc".[5]
Operations
The company has two main businesses:
- ESAB: welding, cutting and automation
- Howden: air and gas handling
References
External links
Categories:- Companies listed on the London Stock Exchange
- Engineering companies of the United Kingdom
- Companies based in London
- Companies established in 1889
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