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Essentra Announces Liquidation of Laing O’Rourke Subsidiary

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Essentra Announces Liquidation of Laing O’Rourke Subsidiary

Essentra ( (GB:ESNT) ) has provided an announcement.

Essentra plc announced that Laing O’Rourke Construction South Limited, a subsidiary of Laing O’Rourke Corporation Limited, has entered into creditors’ voluntary liquidation as of 12 March 2025. Rowan Baker, a director of Essentra, had resigned from her position as a director of Laing O’Rourke Construction South Limited in September 2024. This development may have implications for Essentra’s governance and its association with Laing O’Rourke, potentially impacting stakeholder perceptions.

More about Essentra

Essentra plc is a leading global provider of essential components and solutions, specializing in the manufacture and distribution of plastic injection moulded, vinyl dip moulded, and metal items. Headquartered in the United Kingdom, Essentra operates in 28 countries with approximately 3,000 employees, 14 manufacturing facilities, 26 distribution centres, and 37 sales & service centres. The company serves around 64,000 customers across various industries, including equipment manufacturing, automotive, fabrication, electronics, medical, and renewable energy.

YTD Price Performance: -21.80%

Average Trading Volume: 1,446,768

Technical Sentiment Signal: Buy

Current Market Cap: £297.8M

See more insights into ESNT stock on TipRanks’ Stock Analysis page.

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