Meridian International

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Meridian International
Meridian
Public, Conglomerate
Traded asLASE: 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
IndustryAerospace, Engineering, Gemstones, Heavy Machinery, Manufacturing, Mining, Extraction, Precious Metals, Rare-Earth Elements, Software Development
PredecessorMeridian Mining Company
Founded29 July 1971
FounderAngela Meridian
Headquarters1 Meridian Plaza,
Johannesburg, South Africa
,
Number of locations
75+ (2300)
Area served
Worldwide
Key people
Angela Meridian
ProductsAsteroid 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
ServicesSee Products
RevenueIncrease CES Đ96.329 trillion (2299)
Increase CES Đ92.451 trillion (2299)
Increase CES Đ21.209 trillion (2299)
Total assetsIncrease CES Đ96.208 trillion (2299)
Total equityIncrease CES Đ10.092 trillion (2299)
OwnerAngela Meridian
Number of employees
~20,000,000
DivisionsMeridian 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.