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Essentra PLC

Essentra PLC Completion of divestment of its Speciality Tapes business

Further to the announcement on 20 June 2019, Essentra plc (LON:ESNT) today confirmed the completion of the divestment of its Speciality Tapes business to certain wholly-owned subsidiaries of OpenGate Capital with effect from 28 June 2019.

Essentra plc is a FTSE 250 company and a leading global provider of essential components and solutions.  Organised into four divisions – reflecting the Company’s strategic review – Essentra focuses on the light manufacture and distribution of high volume, enabling components which serve customers in a wide variety of end-markets and geographies.