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Bodycote plc

Formerly	Bodycote International p l c (1953–2008)^[1]
Company type	Public
Traded as	LSE: BOY FTSE 250 component
Industry	Engineering Services
Founded	1923
Headquarters	Macclesfield, Cheshire, United Kingdom
Key people	Daniel Dayan (Chairman) Jim Fairbairn (CEO)
Revenue	£802.5 million (2023)^[2]
Operating income	£119.2 million (2023)^[2]
Net income	£86.8 million (2023)^[2]
Number of employees	5,000 (2024)^[3]
Website	bodycote.com

Bodycote plc is a supplier of heat treatments, metal joining, hot isostatic pressing and coatings services. Based in Macclesfield, United Kingdom, it is listed on the London Stock Exchange and is a constituent of the FTSE 250 Index.

History

The Company was founded by Arthur Bodycote in Hinckley in 1923 as a textile business under the name of G.R. Bodycote Ltd.^[4] It was acquired by Slater Walker in 1951 and demerged from them in 1973.^[4]

It refocused on its present activities in the 1970s, particularly in bullet-proof and flame retardant clothing in the specialist materials sector. From 1979 onwards it made a series of acquisitions, the first of which was Blandburgh, a heat treatment business.^[5] In 1980, it went on to buy Zinc Alloy Rust Proofing Ltd, which was the beginning of its metallurgical coatings business.^[6]

In 1990, Bodycote acquired Metallurgical Testing Services Ltd (MTS) of Edinburgh from Murray International plc, laying the foundations for what would become Bodycote's materials testing business. In 2008, the materials testing division was sold to private ownership, leading to the founding of the testing company Exova.^[7] In 1991, it bought HIP Ltd, a leading Hot Isostatic Processing business.^[8] In December 2000, the company bought Lindberg Corporation, the largest heat treatment business in the United States.^[9] The company changed its name from Bodycote International plc to Bodycote plc in April 2008.^[10]

Operations

The Company has two divisions:^[11]

The Aerospace, Defence & Energy (ADE) business division serves the aerospace, defence, power generation and oil and gas industries.
The Automotive & General Industrial (AGI) business division serves the automotive, construction, machine building, medical and transportation industries.

References

^ "Bodycote plc overview - Find and update company information - GOV.UK". Companies House. 27 April 1953. Retrieved 17 February 2024.
^ ^a ^b ^c "Preliminary Results 2023" (PDF). Bodycote. Retrieved 21 March 2024.
^ "Our company". Bodycote. Retrieved 12 February 2024.
^ ^a ^b "Calls to clean up derelict Hinckley factory". Hinckley Times. 28 February 2017. Retrieved 15 March 2019.
^ "Bodycote engineers a robust showing". The Scotsman. 14 December 2005. Retrieved 15 March 2019.
^ "Bodycote board rejects fourth takeover approach from Sulzer". The Times. 19 April 2007. Retrieved 15 March 2019.
^ "Bodycote lifted by sale of testing business". The Telegraph. 29 August 2008. Retrieved 25 June 2014.
^ "Born-again chain shows its mettle". The Independent. 27 October 1996. Retrieved 15 March 2019.
^ "Bodycote flies across Atlantic for Lindberg". Citywire. 14 December 2000. Retrieved 15 March 2019.
^ "Bodycote PLC - Change of name to Bodycote plc". Proactive Investors. 2 May 2008. Retrieved 15 March 2019.
^ "Our business". Bodycote plc. Retrieved 15 March 2019.

External links

Yahoo profile

FTSE 100 ← FTSE 250 companies of the United Kingdom → FTSE SmallCap

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