|
Cookson is looking to shed a further 600 jobs from its ceramics division, in addition to the 1,200 job cuts announced in recent months. 18-May-2009 Cookson is to close its ceramics factory at Newmilns in Ayrshire later this year, with the loss of almost 180 jobs. 30-Jan-2009 Cookson Group is to sell its Hi-Tech Ceramics filters business, which has annual sales of £5m, to Sud-Chemie, in order to win regulatory approval for its acquisition of Foseco. 22-Oct-2008 Cookson is to acquire Foseco, the supplier of consumable products for use in the foundry and steel industries with 29 production facilities in 17 countries, for £497m. 12-Oct-2007 Cookson is to sell its US-based Monofrax fused-cast refractories business to RHI of Austria for £23m. 20-Dec-2006 Morgan Crucible is to acquire the ceramic fibres business of Cookson for £13m, including production sites in Poland and the US. 23-Feb-2006 Cookson has sold its SCS speciality coatings business to Bunker Hill Capital for £32m. 04-Jan-2006 Cookson Group is to sell its Laminates business, which supplies substrate materials for the manufacture of printed circuit boards, to Isola Group for £51m. 16-Dec-2005 Cookson is looking to sell its precious metals division for up to £100m, in order to focus on electronic systems and ceramics. 15-Mar-2004 Cookson is looking to sell Speedline, the lossmaking manufacturer of equipment for printed circuit board assembly lines. 30-Jul-2003 Cookson is to shed 160 jobs in its precious metals division, which will mostly affect operations in North America and continental Europe. 04-Jul-2003 Cookson has sold its electrical contacts business to The Jordan Company of the US for £48m and its dental products business to a management buy-out for £2.4m. 21-Jan-2003 Cookson is in negotiations to sell its Precision Products division for about £50m by the end of the year. 26-Aug-2002 Cookson is raising £278m in a rights issue to restructure the debt in its industrial materials business. 22-Jul-2002 Cookson has sold its plastic moulding operations to four separate buyers for £38m, and the proceeds will be used to reduce debt. 03-Jan-2002 Cookson is to shed 1,740 jobs following a fall in demand for electronic materials. 05-Oct-2001 Cookson is to shed 700 jobs in its electronic equipment and ceramics businesses, including more than 300 at sites in the UK. 01-Mar-2001 Cookson is to invest £3.8m at its Vesuvius refractory plant in Sheepbridge with the creation of 60 jobs, while plants at Kings Cliffe near Peterborough and Manuel near Linlithgow will be closed. 09-Oct-2000 Cookson is selling its two telecoms businesses for £98m, with Neptco going to a venture capital consortium and Focas to Alcoa Fujikura. 05-May-2000 Cookson is in discussions to sell its remaining plastics businesses for about £150m, in order to focus on ceramics, precious metals and electronic materials. 07-Mar-2000 Cookson has sold its 35% stake in the Entek battery separator business to Emark of the US for about £10m. 23-Dec-1999 Cookson is to acquire Ethone-OMI, the US speciality chemicals company, for £310m, as part of a strategy to become a one-stop shop for manufacturers of printed circuit boards. 14-Dec-1999 Cookson is acquiring US printed circuit boards company Dexter Corporation for £20m, in order to provide a wider range of products to its customers. 23-Oct-1999 Cookson is acquiring Plaskon Electronic Materials, the supplier of plastics to the semiconductor industry, from BP Amoco for £78m. 16-Jul-1999 Cookson is to sell TAM, its ceramic powders manufacturing business, to Ferro Corporation of the US for £50m. 12-Jul-1999 Cookson is acquiring Premier Refractories from Alpine Group of the US for £252m, to create an enlarged refractory products business employing more than 800 people at 70 sites. 13-May-1999 Cookson has sold Cookson Fibers of the US to a US venture capital company for £93m, and has also announced a £30m restructuring programme that will result in the loss of 700 jobs. 19-Feb-1999 Cookson is to cut about 700 jobs at 30 of its manufacturing and distribution centres, as part of an extensive restructuring programme. 12-Feb-1999 Cookson has acquired Matrix, the US manufacturer of micron-tolerance precision engineered products, for an initial £8m. 18-Sep-1998 Cookson has acquired Accel Corp, the US manufacturer of speciality cleaning systems for the electronics sector, for £9m. 12-Sep-1998 Cookson is to invest over £100m setting up new factories in Asia, and is also planning to spend £400m on acquisitions to expand its core businesses of electronics and ceramics systems. 15-Jun-1998 Cookson is set to acquire AlliedSignal's European copper-clad laminates business for about £10m, which will give it its first manufacturing base in Germany. 17-Apr-1998 Cookson is looking to acquire electronics companies, and is also planning to sell its stakes in the Cookson Fibres carpet fibres business and the Zimco industrial group in South Africa. 05-Mar-1998 Cookson has acquired Flogates and KSR, two Sheffield-based refractories companies, for £50m using the proceeds from its withdrawal from its joint venture with Johnson Matthey. 24-Feb-1998 Cookson, the industrial materials company, is rumoured to be facing a possible bid from Allied Signal of the US, and some analysts believe the company is vulnerable following last year's decline in its share price. 11-Feb-1998 Cookson has sold its 50% stake in the Cookson Matthey Ceramics ceramic tiles joint venture to Johnson Matthey for £65m, as the two companies were having problems agreeing on the future of the business. 31-Jan-1998 Cookson has acquired the jewellery components division of Inverness Corp of the US for an initial £24m in order to increase the value-added activities of its precious metals business. 24-Jan-1998 Cookson, the industrial materials company, is selling the UK horticultural products business of its Plantpak division to Synbra UK, the Dutch producer of plastics for the packaging and construction sectors. 08-Jan-1998 Cookson is selling the swimming pools products distribution operation of its Pacific Industries subsidiary to SCP Pool Corporation for £12m. 15-Nov-1997 Cookson has sold Anzon, its fire-retardant additives business, to Great Lakes Chemical Corp of the US for £54m. 05-Nov-1997 Cookson is selling its antimony products business to Great Lakes Chemical of the US for undisclosed terms, thus completing its withdrawal from the manufacture of plastics additives. 25-Sep-1997 Rexam has sold four more subsidiaries for a total £24.4m - Goodhead Group has bought Benham & Company, Cookson has bought Tactus International, and Silgen Plastics has bought Rexam Containers in North America. 08-Apr-1997 Cookson Group has completed the purchase of GRP, the US maker of refractory materials for the glass industry, for £31m. 09-Jan-1997 Cookson is to gradually withdraw from the manufacture and sale of industrial pigments, setting up licensing agreements with Hoechst and closing its plant in New Jersey. 12-Dec-1996 Cookson is acquiring GRP, the US maker of fused cast refractory materials, for undisclosed terms. 19-Oct-1996 Cookson Group has bought Camelot Systems, the US electronic components maker, for up to $100m. 03-Jul-1996 Cookson is buying Engineered Polymers Corp, the US maker of structural foam plastics and pallets, for £57m. 16-Mar-1996 Cookson is to further increase its product and geographical coverage with the announcement of over £100m worth of acquisitions over coming weeks. 08-Mar-1996 Cookson Matthey Ceramics plans to spend £8m on two factories in Malaysia and India to make zircon opacifier. 23-Feb-1996 Cookson has sold its Synthetic Products plastic additives business in the US to Ferro for £58m. 26-Oct-1995
|