Murex (company)

Murex Limited was a leading British provider of services to metallurgists, smelters and refiners, and welders. It was an original constituent of the FT 30 index of leading stocks on the London Stock Exchange.

Murex Ltd
Public
IndustryIron
FateAcquired
SuccessorESAB
Founded1909
Defunct1967
HeadquartersRainham, Essex, England
ProductsFerroalloys

History

Murex was founded in 1909 as an iron founder and a ferroalloy manufacturer. The company moved to Rainham, Essex in 1917.[1]

In the 1930s, Murex made large quantities of electrodes at their factory in Waltham Cross,[2] and many ships including HMS Ark Royal and Queen Elizabeth 2 have been welded using Murex equipment.[2]

The business was sustained by a high level of activity during World War II, but after the war ended, its profits reduced substantially.[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 occasionally comes up for sale.[5]

Demise of the business

Murex was acquired by the BOC Group in 1967.[6] In the UK, the rights to the Murex brand were sold to ESAB.[7]

Murex Limited was officially dissolved on 11 June 2013.[8]

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References
  1. W. R. Powell (1978). History of the County of Essex (vol. 7). Victoria County History. p. 134–38. ISBN 0197227201.
  2. "Vodex Electrodes". UKWelder forum.
  3. "Lex: The first column to appear in the FT". FT.com. October 1945.
  4. "FT 30 - the UK's oldest surviving stock market index". FT.com. Archived from the original on 1 March 2007.
  5. "Shap Granite - Part 2". Durham Mining Museum. Archived from the original on 26 April 2008.
  6. "Obituary: Peter Hobbs". Welding and Joining Society. Archived from the original on 19 January 2008.
  7. "ESAB Welding and Cutting Journal vol. 59 no. 1 2004" (PDF). ESAB. Archived from the original (PDF) on 10 July 2011.
  8. "Murex Limited". Companies House. Retrieved 13 November 2015.
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