Charter International plc was a large
British engineering business based in
London. It was acquired by
Colfax Corporation
Enovis (formerly Colfax Corporation) is a medical technology company, with a particular focus in orthopedics.
Headquartered in Wilmington, Delaware, the company is listed on the NYSE as ENOV. The company has over 5,000 employees operating at 12 ...
in January 2012.
History
The
British South Africa Company
The British South Africa Company (BSAC or BSACo) was chartered in 1889 following the amalgamation of Cecil Rhodes' Central Search Association and the London-based Exploring Company Ltd, which had originally competed to capitalize on the expecte ...
was founded in 1889 by
Royal Charter.
[Charter International: History]
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
Enovis (formerly Colfax Corporation) is a medical technology company, with a particular focus in orthopedics.
Headquartered in Wilmington, Delaware, the company is listed on the NYSE as ENOV. The company has over 5,000 employees operating at 12 ...
, an American company, in January 2012.ESAB Acquired by Colfax Corporation
PR Web, 13 January 2012
Operations
The company had two main businesses:
* ESAB: welding, cutting and automation
* Howden: air and gas handling
References
{{reflist
External links
Official site
Engineering companies of the United Kingdom
Defunct companies based in London
Non-renewable resource companies established in 1965
1965 establishments in the United Kingdom
British South Africa Company
Technology companies disestablished in 2012
2012 disestablishments in the United Kingdom
Tax inversions