Charter International

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Charter International plc
Type Public (LSECHTR)
Industry Engineering
Founded 1889
Headquarters London, UK
Key people Lars Emilson, Chairman
Michael Foster, CEO
Revenue £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]
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[edit]

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 in January 2012.[6]

Operations[edit]

The company had two main businesses:

  • ESAB: welding, cutting and automation
  • Howden: air and gas handling

References[edit]

External links[edit]