Essentra
| File:Essentra logo.svg | |
| Company type | Public |
|---|---|
| LSE: ESNT | |
| Industry | Plastic products |
| Founded | 1940s |
| Headquarters | Kidlington, Oxfordshire, UK |
Key people | Steve Good, Chairman Scott Fawcett, CEO |
| Revenue | Decrease £302.4 million (2024)[1] |
| Increase £14.6 million (2024)[1] | |
| Increase £10.6 million (2024)[1] | |
| Website | www.essentra.com |
Essentra PLC is a supplier of plastic and fibre products. The company operates internationally from headquarters in Kidlington, Oxfordshire. It is listed on the London Stock Exchange.
History
[edit | edit source]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 | edit source]The company is organised as follows:[10]
- Components Solutions
- Specialist Components
References
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External links
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