Murex Limited was a leading British provider of services to metallurgists, smelters and refiners, and welders. At its peak it was a member of the FT 30 index of leading stocks on the London Stock Exchange.
History [ edit ]
Murex was founded in 1909 as an ironfounder and
ferroalloy manufacturer. The company moved to Rainham in Essex in 1917. [1 ]
In the 1930s Murex made large quantities of electrodes at their factory at
Waltham Cross and many ships including [2 ] HMS Ark Royal and Queen Elizabeth 2 were welded using Murex equipment. [2 ]
The company's business was sustained by a high level of activity during
World War II but when the war ended its profits showed a substantial reduction. [3 ]
It fell out of the FT 30 index in 1967 when its share price declined and it was replaced by
Beechams. [4 ]
Welding equipment made by Murex continues to become available for sale from time to time.
Demise of the business [ edit ]
Murex was acquired by
BOC Group in 1967. In the [6 ] UK the rights to the Murex brand were sold to ESAB. [7 ]
References [ edit ]