| Type | Public (LSE: CHTR) |
|---|---|
| Industry | Engineering |
| Founded | 1889 |
| Headquarters | London, UK |
| Key people | Lars Emilson, Chairman Michael Foster, CEO |
| Revenue | £1,719.6 million (2010)[1] |
| Operating income | £145.9 million (2010)[1] |
| Net income | £118.9 million (2010)[1] |
| Employees | 12,313 (2010)[1] |
| Website | www.charter.ie |
Charter International plc (LSE: CHTR) is a large British engineering business based in London. It is a constituent of the FTSE 250.
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The business was founded as The British South Africa Company in 1889 by Royal Charter.[2]
In 1965 The British South Africa Company merged with The Central Mining & Investment Corporation and The Consolidated Mines Selection Company to form Charter Consolidated.[2]
In the 1980s the company disposed of its overseas mining concerns to concentrate on its British engineering interests.[2]
In 1993 the company's name changed to Charter plc.[2]
In 1994 it acquired ESAB[3] and in 1997 it acquired Howden.[4]
In 2008 the business was restructured with the creation of a new Irish resident holding company known as "Charter International plc".[5]
The company has two main businesses: