From Wikipedia, the free encyclopedia
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
[
edit
]
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]
Then-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]
On 31 October 2016, Essentra announced that Paul Forman would succeed Day as Chief executive, effective 1 January 2017.
[9]
Operations
[
edit
]
The company is organised as follows:
[10]
- Components Solutions
- Specialist Components
- Packaging
- Filter Products
References
[
edit
]
External links
[
edit
]
