German refiners Heraeus have been producing gold since the 19th century, but it was only in 1851 the business really began to expand. Specialising in gold and platinum, Heraeus are one of the oldest bullion refiners in Europe.
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Heraeus is a German family-owned bullion refiner, founded by the Heraeus family. The company was originally an apothecary, and had been in the service of royal families since its beginning in 1660. Wilhelm Carl Heraeus took over the business in 1851 and developed new, efficient ways to smelt platinum. This technological leap also improved his gold refining, and what was a modest apothecary became a national and international precious metal refiner.