Charter International
In this article we are going to delve into the topic of Charter International, a relevant aspect that has sparked interest in various areas of society. Charter International is a topic that has sparked debate and reflection in different contexts, since its impact and influence extend to every aspect of our daily lives. Along these lines, we will analyze the different aspects related to Charter International, from its origin and history to its relevance today. In addition, we will explore its possible implications and consequences, as well as the different positions and opinions on the matter. Without a doubt, Charter International is a topic that does not leave anyone indifferent and that deserves to be addressed from a broad and critical perspective.
 | |
| Company type | Public (LSE: CHTR) |
|---|---|
| Industry | Engineering |
| Founded | 1965 |
| Headquarters | London, UK |
Key people | Lars Emilson, Chairman Michael Foster, CEO |
| Revenue | £1,719.6 million (2010) |
| £145.9 million (2010) | |
| £118.9 million (2010) | |
Number of employees | 12,313 (2010) |
| 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 British South Africa Company was founded in 1889 by Royal Charter. On the initiative of Anglo American Corporation it merged in 1965 with The Central Mining & Investment Corporation and The Consolidated Mines Selection Company to form Charter Consolidated. Slightly over one-third of the shares of the new company were owned by Anglo American Corporation. Its assets were mainly mining investments and its strategy was to develop as a mining finance house actively engaged in mineral exploration and the development of mines throughout the world.
In the 1980s Charter Consolidated disposed of its overseas mining concerns to concentrate on its British engineering interests.
In 1993 the company's name changed to Charter plc.
In 1994 it acquired ESAB and in 1997 it acquired Howden.
In 2008 the business was restructured with the creation of a new Irish resident holding company, Charter International plc.
The company was acquired by Colfax Corporation, an American company, in January 2012.
Operations
The company had two main businesses:
- ESAB: welding, cutting and automation
- Howden: air and gas handling
References
- ^ a b c d Annual Report 2010 Archived July 21, 2011, at the Wayback Machine
- ^ a b c d e f Charter International: History Archived December 12, 2008, at the Wayback Machine
- ^ No deals please: we are Swedish
- ^ Guide to interim management Archived May 10, 2008, at the Wayback Machine
- ^ New Jersey incorporated Irish tax resident London listed holding company Archived November 29, 2010, at the Wayback Machine
- ^ ESAB Acquired by Colfax Corporation PR Web, 13 January 2012