History of the Heraeus gold refinery
The founder of the Heraeus company was Wilhelm Carl Heraeus, who took over his father's pharmacy in Hanau, Germany, in 1851. At the time, platinum was in high demand, but goldsmiths encountered problems when working with the precious metal. Wilhelm Carl Heraeus started experimenting to melt the large volumes of platinum. This took several years, but became a successful experiment in 1856. In 1896, the Heraeus company managed to melt and process one thousand kilograms of pure platinum. The company was further expanded and in 1896 the company WC Heraeus Platinum Smelting Factory was founded. In 1927, the third generation of the Heraeus family took over the company. In 1958, the first subsidiaries were launched in France and Italy, and factories were also established in Japan and the United States.
Heraeus gold today
In 1983, Heraeus was led by the fourth generation of the family headed by Jürgen Heraeus. Since then, the company has continued broaden its profile worldwide and Heraeus Holding GmbH was founded in 1985. In 2010 the WC Heraeus split into two divisions, namely Heraeus Precious Metals and Heraeus Materials Technology. In the field of selling gold bars, Heraeus is an London Bullion Market Association (LBMA) accredited company and Hereaus gold bars can be bought with a certificate. This makes it possible to trade your Heraeus gold bars worldwide.