The company is privately owned and was established in 1948. It was built-up on a patented solution for mechanical splicing of wire ropes. Talurit have been the pioneering company in this special field, developing effective methods and equipment for mechanical splicing ever since. Talurit company owns trademarks like TALURIT, ULTRAGRIP, KONIT, HEXLOC and TALUGRIP in most countries around the world. Other known brands are TALUKON and T-LOC.