Meridian International
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Meridian | |
Public, Conglomerate | |
Traded as | LASE: MERX JSE: MERX CSX: MERX NYSE: MERX LSE: MERX Deutsche Börse: MERX Euronext: MERX TSX: MERX HKEx: MERX JPX: MERX SSE: MERX ASX: MERX BSE: MERX NSE: MERX |
Industry | Aerospace, Engineering, Gemstones, Heavy Machinery, Manufacturing, Mining, Extraction, Precious Metals, Rare-Earth Elements, Software Development |
Predecessor | Meridian Mining Company |
Founded | 29 July 1971 |
Founder | Angela Meridian |
Headquarters | 1 Meridian Plaza, Johannesburg, South Africa , |
Number of locations | 75+ (2300) |
Area served | Worldwide |
Key people | Angela Meridian |
Products | Asteroid mining Chemical products Civil and military aerospace Commercial air transport Commercial Vessels Construction engineering Defense electronics Engineering Gemstones Heavy machinery Hydrocarbon exploration Information technology Mining Oil Oil refining Petroleum products Petrochemicals Precious metals Rare-earth elements Refining (metallurgy) Space exploration Transport Aircraft Satellites Software engineering Spacecraft |
Services | See Products |
Revenue | CES Đ96.329 trillion (2299) |
CES Đ92.451 trillion (2299) | |
CES Đ21.209 trillion (2299) | |
Total assets | CES Đ96.208 trillion (2299) |
Total equity | CES Đ10.092 trillion (2299) |
Owner | Angela Meridian |
Number of employees | ~20,000,000 |
Divisions | Meridian Aerospace & Engineering Meridian Heavy Industries Meridian Metals Meridian Resources & Exploration Meridian Software & Systems |
Meridian International or Meridian is a Californian multinational corporation with a high priority in chemical products, engineering, gemstones, heavy machinery, hydrocarbon exploration, oil, oil refining, petrochemicals, precious metals, rare-earth elements, space exploration. In the succeeding decades, Meridian has diversified into asteroid mining, civil and military aerospace, commercial air transport, commercial vessels, construction engineering, transport aircraft, satellites, software engineering and spacecraft, in an effort to increase its market share. Meridian International is among the largest mining corporations, as well as among the largest oil companies in the world based on 2299 revenue, and is the second largest exporter of oil and petrochemical products by sovereign value. Meridian International stock is a component of the Los Angeles Stock Exchange.
Overview
Meridian International corporate headquarters are located in Johannesburg, South Africa and the company is led by Chairwoman and CEO Angela Meridian. Meridian International is divided into five primary divisions: Meridian Aerospace & Engineering (MAE); Meridian Heavy Industries (MHI); Meridian Metals (MMet); Meridian Resources & Extraction (MREx); Meridian Software & Systems (MSS). In 2299, Meridian Intrnational recorded $76.329 billion in sales, ranked 5th on the Fortune magazine "Fortune 500" list (2299), ranked 6th on the "Fortune Global 500" list (2299), and ranked 7th on the "Worlds Most Admired Companies" list (2299).
History
Foundation
The name 'Meridian' was derived from the family of British immigrants who had arrived in South Africa in the years following World War II. Initially having immigrated to the country to pursue a life in agriculture, fortunes changed when while digging a well diamonds were discovered in 1960. While keeping the location of where the diamonds had been discovered a family secret, the Meridian family sold the rough diamonds, using the proceeds to finance the beginnings of what would become Meridian Mining Company.
Later in 1970 when the Meridian Mining Company passed to Angela Meridian, she began the acquisition of several local small-scale mining companies throughout South Africa, before setting her eyes on South West Africa, Botswana, Angola, Australia, and the Soviet Union. After securing the acqusition of South African heavy machinery corporation, Van Vollenhoven Industries, the Meridian Mining Company rebranded as Meridian International on 29 July 1971. Within the decade, Meridian International began an effort to diversify and expanded into engineering, gemstones, hydrocarbon exploration, oil, oil refining, petrochemicals, precious metals, rare-earth elements. Over the succeeding decades, Meridian International increased their portfolio with ventures in asteroid mining, chemical products, civil and military aerospace, commercial air transport, commercial vessels, construction engineering, space exploration, transport aircraft, satellites, software engineering and spacecraft.