"Alent is a leading global supplier of advanced surface treatment plating chemicals and electronics assembly materials. The principal end-market is global electronics production which accounts for approximately three-quarters of net sales value with the automotive and industrial end-markets the balance."

Both Vesuvius Plc & Alent Plc are seperate companies created from the demerger of Cookson Plc in Dec 2012.

http://www.alent.com/

StockMarketWire.com
Alent's adjusted pre-tax profits fell to £42.8m in the six months to the end of June - 0.2% lower on a reported basis and 1.8% down at constant currencies.

Net sales value rose to £205.2m from £201.3m - up 0.5% at constant currencies - and adjusted operating profits increased to £45.0m from £44.0m.

Statutory pre-tax profits fell by 5.7% to £39.4m.

The group said adjusted earnings per share of 12.1 pence were in line with market expectations.

Chief executive Andrew Heath said: "I am pleased to report that trading during the six month period to 30 June 2015 was broadly in line with our expectations. Pricing remained robust, with positive mix from growth in our higher margin business helping to offset end-market headwinds. This helped to deliver stable NSV margin in the period, whilst we made further progress in our Investing for Growth programme. We continue to expect normal seasonal improvement in the second half of the financial year.

"Post the period end, we reached agreement on the terms of the acquisition of Alent plc by Platform Specialty Products Corporation. The significant premium being offered by Platform recognises the progress Alent has made in the last three years, the opportunities in front of us and the overall quality of the business, whilst also presenting a clear opportunity for our shareholders to realise the full value of their investment earlier. Our Board is unanimous in its recommendation of the proposed Transaction."

StockMarketWire.com
Alent has set out an updated timetable for its recommended acquisition by MacDermid Performance Acquisitions.

Alent has previously announced that all anti-trust clearances have been obtained.

Subject to the satisfaction or waiver of the other conditions set out in the scheme document, the court hearing to sanction the scheme is expected to be held on 20 November. The effective date of the scheme is expected to be on 1 December.