Essentra
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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]
- Protection and Finishing Products
- Porous Technologies
- Packaging & Securing Solutions
- Filter Products
References
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- ↑ Bunzl of Britain to buy Filtrona
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