
History of Argor-Heraeus
The company was founded as Argor SA in Chiasso, Switzerland, in 1951 and, for a time, was owned by the Union Bank of Switzerland (UBS). In 1999, UBS withdrew and Argor-Heraeus management took full control of the company. It has a range of prestigious shareholders, including Commerzbank International SA and the Austrian Mint.
While still under UBS control, Argor-Heraeus opened their refinery in Mendrisio. In 1998, the refinery was expanded and Argor-Heraeus operations have grown ever since. In 2004, the mint opened offices in Santiago, Chile and constituted a German affiliate, Argor-Heraeus Deutschland. 2006 saw the constitution of a second affiliate, Argor-Heraeus Italia.
2012 marked the completion of a new ancillary Argor-Heraeus plant that enabled the company to double its production. It was also the year that Argor-Heraeus set its sights on a commitment to sustainability, installing one of the region’s largest solar panel and electricity generation systems.
Learn More About Precious Metals
Buying Precious Metals doesn’t have to be intimidating. Whether you are making a long-term investment or simply admire the beauty of Precious Metals, APMEX provides the tools to help you make the best choice for your portfolio.
See All Articles