Laporte plc
Laporte plc was a leading British chemicals business that operated from 1888 to 2000. It was listed on the London Stock Exchange and was a constituent of the FTSE 100 Index. HistoryThe Company was founded by Bernard Laporte, a German Chemist, in 1888 as a supplier of peroxide to bleach straw boating hats.[1] It subsequently diversified into other aspects of bleaching and commercial laundry chemicals.[1] In the 1980s it disposed of its manufacturing operations.[2] In 1993 it acquired Evode Group plc, suppliers of adhesives and specialties.[3] It went on to buy Aztec Peroxides Inc., a US peroxides business, in 1994[4] and Inspec Group plc, suppliers of specialty chemicals, in 1998.[5] It sold its major divisions, some 55% of the business by revenue, to Kohlberg Kravis Roberts in 2000. These divisions (Pigments and Additives, Formulated Products & Compounds and Computers & Electronics) subsequently became known as Rockwood Holdings Inc.[6] In December 2000 Degussa SKW, a joint venture between Degussa AG and SKW Trostberg, acquired the remainder of the business.[7] The performance chemicals business was subsequently sold on by Degussa to Cognis.[8] OperationsThe Company had the following divisions:[9]
Altana AG acquired the Additives business in October 2013. It is currently operated under the sub division BYK Additives & Instruments. References
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