Definitions
Charter plc&o=10616

Charter plc

Charter plc is a large British engineering business based in London. It is a constituent of the FTSE 250.

History

The business was founded as The British South Africa Company in 1889 by Royal Charter.

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 1980's 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.

Operations

The company has two main businesses:

  • ESAB: welding, cutting and automation
  • Howden: air and gas handling

References

External links

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