Murex (company)
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Murex Limited was a leading British provider of services to metallurgists, smelters and refiners, and welders. At its peak it was a member of the FT 30 index of leading stocks on the London Stock Exchange.
[edit] History
Murex was founded in 1909 as an ironfounder and ferroalloy manufacturer. The company moved to Rainham in Essex in 1917.[1]
In the 1930s Murex made large quantities of electrodes at their factory at Waltham Cross[2] and many ships including HMS Ark Royal were welded using Murex equipment.[2]
The company's business was sustained by a high level of activity during World War II but when the war ended its profits showed a substantial reduction.[3]
It fell out of the FT 30 index in 1967 when its share price declined and it was replaced by Beechams.[4]
Welding equipment made by Murex continues to become available for sale from time to time.[5]
[edit] Demise of the business
Murex was acquired by BOC Group in 1967.[6] In the UK the rights to the Murex brand were sold to ESAB.[7]
[edit] References
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