Alent
 |
|
| Public | |
| Traded as | LSE: ALNT |
| Founded | 2012 |
| Headquarters | Woking, Surrey |
|
Key people
|
Peter Hill, Chairman Andrew Heath, CEO |
| Products | Performance materials |
| Revenue | £644.8 million (2014)[1] |
| £95.1 million (2014)[1] | |
| £46.8 million (2014)[1] | |
|
Number of employees
|
2,600 (2014) |
| Subsidiaries | Fernox[2] |
| Website | www |
Alent plc is a leading global supplier of advanced surface treatment plating chemicals and electronics assembly materials. The Company was listed on the London Stock Exchange and was a constituent of the FTSE 250 Index until it was acquired by Platform Specialty Products in November 2015.
History
The company was established as a supplier of interconnect materials to the electronics business and remained under the ownership of Alpha Inc until that group was acquired by Cookson Group in 1984.[3] The business was demerged when Cookson Group split into two businesses (Alent and Vesuvius plc) in December 2012.[4]
On 13 July 2015, it was announced that Platform Speciality Products would acquire Alent in a $2.1 billion deal. Following the acquisition the Enthone business will be merged with MacDermid to create a new market leader, while the Alpha division will remain as a standalone business for the foreseeable future.[5] The transaction was completed in November 2015.[6]
Operations
The company makes performance materials for the electronics, automotive, industrial/construction markets and comprises two business segments.[4]
- Enthone Inc. (Surface Chemistries) - a global supplier of electro-plating chemistry to electronic, automotive and industrial end-markets.
- Alpha Inc. (Assembly Materials) - a global supplier of interconnect materials, primarily into the electronics market.
References
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- ↑ 1.0 1.1 1.2 Preliminary Results 2014
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- ↑ 4.0 4.1 Cookson unveils demerger plans The Telegraph, 1 November 2012
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