| Alent plc | |
| Foundation: | 2012 |
| Location: | Woking, Surrey |
| Key People: | Peter Hill, Chairman Andrew Heath, CEO |
| Products: | Performance materials |
| Revenue: | £644.8 million (2014)[1] |
| Operating Income: | £95.1 million (2014) |
| Net Income: | £46.8 million (2014) |
| Num Employees: | 2,600 (2014) |
| Subsid: | Fernox[2] |
Alent plc is a supplier of 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.
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.[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 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,[5] while the Alpha division will remain as a standalone business for the foreseeable future.[6] The transaction was completed in November 2015.[7]
The company makes materials for the electronics, automotive, industrial/construction markets and comprises two business segments.[4]