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Essentra

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.

Essentra
TypePublic
IndustryPlastic products
Founded1940s
HeadquartersMilton Keynes, Buckinghamshire, UK
Key people
Paul Lester, Chairman
Paul Forman, CEO
Revenue £337.9 million (2022)[1]
£(11.3) million (2022)[1]
£(183.8) million (2022)[1]
Websitewww.essentra.com

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] 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

The company is organised as follows:[10]

  • Components Solutions
  • Specialist Components
  • Packaging
  • Filter Products

References

  1. ^ a b c "Preliminary Results 2022" (PDF). Essentra. Retrieved 29 March 2023.
  2. ^ a b c d e f . essentra.com. Archived from the original on 25 March 2015. Retrieved 28 March 2015.
  3. ^ . mossplastics.com. Archived from the original on 9 June 2014. Retrieved 28 March 2015.
  4. ^ "Bunzl of Britain To Buy Filtrona". 4 July 1997.
  5. ^ "TalkTalk". talktalk.co.uk. Retrieved 28 March 2015.
  6. ^ "Filtrona highlights diversification with name change to Essentra". Financial Times.
  7. ^ (PDF). Archived from the original (PDF) on 16 October 2013.
  8. ^ "Filtrona faces re-branding test". Financial Times.
  9. ^ "Appointment of New Chief Executive". Essentra. Retrieved 30 December 2016.
  10. ^ . essentra.com. Archived from the original on 27 December 2014. Retrieved 28 March 2015.

External links

  • Official Site

essentra, supplier, plastic, fibre, products, company, operates, internationally, from, headquarters, milton, keynes, buckinghamshire, listed, london, stock, exchange, constituent, ftse, index, typepublictraded, aslse, esntftse, componentindustryplastic, produ. 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 EssentraTypePublicTraded asLSE ESNTFTSE 250 componentIndustryPlastic productsFounded1940sHeadquartersMilton Keynes Buckinghamshire UKKey peoplePaul Lester Chairman Paul Forman CEORevenue 337 9 million 2022 1 Operating income 11 3 million 2022 1 Net income 183 8 million 2022 1 Websitewww essentra com Contents 1 History 2 Operations 3 References 4 External linksHistory EditThe 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 EditThe company is organised as follows 10 Components Solutions Specialist Components Packaging Filter ProductsReferences Edit a b c Preliminary Results 2022 PDF Essentra Retrieved 29 March 2023 a b c d e f Essentra PLC History essentra com Archived from the original on 25 March 2015 Retrieved 28 March 2015 About Essentra Components Americas mossplastics com Archived from the original on 9 June 2014 Retrieved 28 March 2015 Bunzl of Britain To Buy Filtrona 4 July 1997 TalkTalk talktalk co uk Retrieved 28 March 2015 Filtrona highlights diversification with name change to Essentra Financial Times Formal Re branding to Essentra Plc PDF Archived from the original PDF on 16 October 2013 Filtrona faces re branding test Financial Times Appointment of New Chief Executive Essentra Retrieved 30 December 2016 Essentra PLC Distribution essentra com Archived from the original on 27 December 2014 Retrieved 28 March 2015 External links EditOfficial Site Retrieved from https en wikipedia org w index php title Essentra amp oldid 1147224907, wikipedia, wiki, book, books, library,

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