Murex (company)

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Murex
Former type Public
Industry Iron
Fate Acquired
Successor(s) ESAB
Founded 1909
Defunct 1967
Headquarters Essex, UK
Products Ferroalloys

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[2] and many ships including 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.[5]

Demise of the business[edit]

Murex was acquired by BOC Group in 1967.[6] In the UK the rights to the Murex brand were sold to ESAB.[7]

References[edit]