Cookson to split into two new listed companies

Cookson Group plans to split into two new listed companies on December 19th with the current Chairman, Jeff Harris, and Chief Executive Officer (CEO), Nick Salmon, retiring at the same time.

Cookson Group plans to split into two new listed companies on December 19th with the current Chairman, Jeff Harris, and Chief Executive Officer (CEO), Nick Salmon, retiring at the same time.

Following a strategic review, the board of Cookson has decided to split its businesses into two separate listed companies in what it is calling a 'demerger'. Its Performance Material division will form a specialty chemicals company called Alent, while the Cookson Group, consisting principally its Engineered Ceramics division, will be renamed Vesuvius.

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