Essentra

Essentra
Public
Traded as LSE: ESNT
Industry Plastic products
Founded 1940s
Headquarters Milton Keynes, Buckinghamshire, UK
Key people
Jeff Harris, Chairman
Colin Day, CEO
Revenue £865.7 million (2014)[1]
£108.8 million (2014)[1]
£71.8 million (2014)[1]
Website www.essentra.com

Essentra PLC is a supplier of plastic and fibre products. The company operates internationally from headquarters in Milton Keynes, Buckinghamshire. It is listed on the London Stock Exchange and is a constituent of the FTSE 250 Index.

History

The company was established in Jarrow in the 1940s as the Fibres division of Bunzl.[2] In 1955 it acquired Moss Plastics, a plastic products manufacturer,[3] in 1994 MSI Oilfield Products, a pipe protection business,[2] and in 1996 it bought Payne, a manufacturer of tear tapes.[2] In 1997 the Bunzl Fibres division bought Filtrona Corporation, a US filter technology specialist which it had demerged in 1984.[4] At this time the Filtrona name was adopted for the enlarged Bunzl Fibres business. The company bought Enitor, a Dutch extruder business, in 1998[2] and Skiffy Group, a Dutch nylon parts business in 2004.[2] The company was demerged from Bunzl in 2005.[5] It went on to buy Duraco, a US adhesive coated products business in 2007. In 2008, the company purchased Lendell Manufacturing, a foam manufacturer. The foam and fiber businesses were combined into a new division and named Filtrona Porous Technologies.[2]

On 26 June 2013, the company formally rebranded to Essentra plc.[6][7] Chief Executive, Colin Day said that the company chose the name Essentra “to capture what each of Filtrona’s businesses manufacture and supply: small but essential key components that play critical roles for our customers”.[8]

Operations

The company is organised as follows:[9]

References

  1. 1 2 3 "Preliminary Results 2014" (PDF). Essentra. Retrieved 28 March 2015.
  2. 1 2 3 4 5 6 "Essentra PLC - History". essentra.com. Retrieved 28 March 2015.
  3. "About Essentra Components Americas". mossplastics.com. Retrieved 28 March 2015.
  4. Bunzl of Britain to buy Filtrona
  5. "TalkTalk". talktalk.co.uk. Retrieved 28 March 2015.
  6. "Filtrona highlights diversification with name change to Essentra". Financial Times.
  7. "Formal Re-branding to Essentra Plc" (PDF).
  8. "Filtrona faces re-branding test". Financial Times.
  9. "Essentra PLC - Distribution". essentra.com. Retrieved 28 March 2015.

External links

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