Murray Capital marks 50 years in business with a new look and a new HQ 

Murray Capital, the family-run business with a diverse portfolio of interests, is celebrating 50 years in business with a refreshed brand, a new website and a move to new premises in Edinburgh.

Murray Capital has its roots in the steel business, Murray International Metals, founded by Sir David Murray in 1974.

It has grown and diversified significantly since then, with its principal activities today the provision of metal stockholding, processing and distribution, the development of land for the residential and commercial sectors, investment in private and public companies and real estate, and wine importing and distribution.  

The ‘Murray Capital’ name was established in 2000 as the investment arm of the family’s business interests, later becoming the holding company that encompasses the group’s diverse range of activities today.  

Murray Capital remains wholly owned by the Murray family and is now run by Sir David’s sons, David and Keith, who took ownership of the business in March 2021. The firm, which is chaired by Sir David, employs 200 people, and relocated this summer from the capital’s Charlotte Square to newly refurbished premises in Rutland Street.  

David D Murray, managing director of Murray Capital, said:

“The scope and breadth of our business interests have developed a great deal since my father began trading steel in the early 1970s, but we try to keep that entrepreneurial spirit alive by applying the same attitude and methods to our portfolio of businesses today. So, the business is absolutely rooted in entrepreneurialism but equally important now is our long-term and patient approach to investment.    

“As a family business, the way we do things is a blend of two generations and all of us are mindful of our responsibility to generations to come, not only in our own family but all those families that have a stake in our portfolio, whether as employees, co-investors, customers, suppliers, and so on. We hope they will share in our continued success over the next half-century and beyond.”

Sir David Murray, founder, and chairman of Murray Capital, who received a knighthood for services to business from HRH Queen Elizabeth II at Holyrood Palace in 2007, has been reflecting on 50 years in business. He said:

“So much has changed since 1974, but I think our overall approach and ethos have remained consistent throughout. We all retain a commitment to growth and a curiosity about the world of business, its critical role in a well-functioning, successful society, and an eagerness to keep exploring new ideas, new technologies, new partnerships, and new ventures.

“Acting with integrity was always important for me and I’m pleased to see it is still central to the way David and Keith conduct our business today. We all share the belief that the way we go about our business matters as much as the investments and work we choose to do. I think, at least in part, that’s because ours is a family business at heart, so we never lose sight of the fact that the way we run it reflects on our family name.

“I hope, 50 years from now, Murray Capital is still true to that ethos and still backing a range of inspirational people with bold and exciting visions across multiple sectors.”

Murray Capital continues to provide support to The Murray Foundation, with a percentage of profits directed to the family’s foundation each year to fund support for several different local charities in a time of great need. Supporting the foundation is an increasing focus for the business. 

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