Charter plc
Encyclopedia
Charter International plc is a large British
engineering
business based in London
. It is a constituent of the FTSE 250.
.
In 1965 The British South Africa Company merged with The Central Mining & Investment Corporation and The Consolidated Mines Selection Company to form Charter Consolidated.
In the 1980s the company 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 known as "Charter International plc".
United Kingdom
The United Kingdom of Great Britain and Northern IrelandIn the United Kingdom and Dependencies, other languages have been officially recognised as legitimate autochthonous languages under the European Charter for Regional or Minority Languages...
engineering
Engineering
Engineering is the discipline, art, skill and profession of acquiring and applying scientific, mathematical, economic, social, and practical knowledge, in order to design and build structures, machines, devices, systems, materials and processes that safely realize improvements to the lives of...
business based in London
London
London is the capital city of :England and the :United Kingdom, the largest metropolitan area in the United Kingdom, and the largest urban zone in the European Union by most measures. Located on the River Thames, London has been a major settlement for two millennia, its history going back to its...
. It is a constituent of the FTSE 250.
History
The business was founded as The British South Africa Company in 1889 by Royal CharterRoyal Charter
A royal charter is a formal document issued by a monarch as letters patent, granting a right or power to an individual or a body corporate. They were, and are still, used to establish significant organizations such as cities or universities. Charters should be distinguished from warrants and...
.
In 1965 The British South Africa Company merged with The Central Mining & Investment Corporation and The Consolidated Mines Selection Company to form Charter Consolidated.
In the 1980s the company disposed of its overseas mining
Mining
Mining is the extraction of valuable minerals or other geological materials from the earth, from an ore body, vein or seam. The term also includes the removal of soil. Materials recovered by mining include base metals, precious metals, iron, uranium, coal, diamonds, limestone, oil shale, rock...
concerns to concentrate on its British
United Kingdom
The United Kingdom of Great Britain and Northern IrelandIn the United Kingdom and Dependencies, other languages have been officially recognised as legitimate autochthonous languages under the European Charter for Regional or Minority Languages...
engineering
Engineering
Engineering is the discipline, art, skill and profession of acquiring and applying scientific, mathematical, economic, social, and practical knowledge, in order to design and build structures, machines, devices, systems, materials and processes that safely realize improvements to the lives of...
interests.
In 1993 the company's name changed to Charter plc.
In 1994 it acquired ESAB
ESAB
ESAB, Elektriska Svetsnings-Aktiebolaget , is a Swedish industrial company.-History:The Company was founded by Oscar Kjellberg, who pioneered the development of manual metal arc welding electrodes, in Gothenburg in 1904...
and in 1997 it acquired Howden.
In 2008 the business was restructured with the creation of a new Irish
Ireland
Ireland is an island to the northwest of continental Europe. It is the third-largest island in Europe and the twentieth-largest island on Earth...
resident holding company known as "Charter International plc".
Operations
The company has two main businesses:- ESABESABESAB, Elektriska Svetsnings-Aktiebolaget , is a Swedish industrial company.-History:The Company was founded by Oscar Kjellberg, who pioneered the development of manual metal arc welding electrodes, in Gothenburg in 1904...
: welding, cutting and automation - Howden: air and gas handling