Alent plc is a supplier of surface treatment plating
chemical
A chemical substance is a unique form of matter with constant chemical composition and characteristic properties. Chemical substances may take the form of a single element or chemical compounds. If two or more chemical substances can be combin ...
s and
electronics
Electronics is a scientific and engineering discipline that studies and applies the principles of physics to design, create, and operate devices that manipulate electrons and other Electric charge, electrically charged particles. It is a subfield ...
assembly materials. The company was listed on the
London Stock Exchange
The London Stock Exchange (LSE) is a stock exchange based in London, England. the total market value of all companies trading on the LSE stood at US$3.42 trillion. Its current premises are situated in Paternoster Square close to St Paul's Cath ...
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 materials which facilitate electrical connectivity. It remained under the ownership of Alpha Inc until that group was acquired by
Cookson Group in 1984. The business was demerged when Cookson Group split into two businesses (Alent and
Vesuvius plc) in December 2012.
[Cookson unveils demerger plans]
The Telegraph, 1 November 2012
On 13 July 2015, it was announced that Platform Specialty Products would acquire Alent in a $2.1 billion deal. Following the acquisition the Enthone business (in addition to recently acquired businesses from OM Group, Inc.) 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. The transaction was completed in November 2015.
Operations
The company makes materials for the electronics, automotive, industrial/construction markets and comprises two business segments.
[
* Enthone Inc. (Surface Chemistries) - a supplier of electro-plating chemistry to electronic, automotive and industrial end-markets.
* Alpha Inc. (Assembly Materials) - a supplier of interconnect materials, primarily into the electronics market.
]
References
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British companies established in 2012
Companies based in Surrey