Charter International

Charter International plc
Public (LSE: CHTR)
Industry Engineering
Founded 1889
Headquarters London, UK
Key people
 Lars Emilson, Chairman
Michael Foster, CEO
Revenue £1,719.6 million (2010)[1]
£145.9 million (2010)[1]
£118.9 million (2010)[1]
Number of employees
 12,313 (2010)[1]
Parent Colfax Corporation
Website www.charter.ie

Charter International plc was a large British engineering business based in London. It was acquired by Colfax Corporation in January 2012.

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]

The company was acquired by Colfax Corporation, an American company, in January 2012.[6]

Operations

The company had two main businesses:

References

  1. 1 2 3 4 Annual Report 2010
  2. 1 2 3 4 Charter International: History
  3. ↑ No deals please: we are Swedish
  4. ↑ Guide to interim management
  5. ↑ New Jersey incorporated Irish tax resident London listed holding company
  6. ↑ ESAB Acquired by Colfax Corporation PR Web, 13 January 2012

External links

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