Essentra

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.

Essentra

Company type	Public
Traded as	LSE: ESNT
Industry	Plastic products
Founded	1940s
Headquarters	Kidlington, Oxfordshire, UK
Key people	Steve Good, Chairman Scott Fawcett, CEO
Revenue	£302.4 million (2024)[1]
Operating income	£14.6 million (2024)[1]
Net income	£10.6 million (2024)[1]
Website	www.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