Platform Specialty Products Corporation

Platform Specialty Products Corporation
Public
Traded as NYSE: PAH
Founded 2013
Founder Martin E. Franklin
Headquarters 5200 Blue Lagoon Drive, Miami, Florida[1], United States
Key people
Rakesh Sachdev (Chief Executive Officer)[1]
Products Chemicals, technical services[1]
Revenue
  • Increase $2.542 billion (2015)[2]
  • Increase $0.843 billion (2014)[3]
Website platformspecialtyproducts.com

The Platform Specialty Products Corporation is a chemicals production corporation listed on the New York Stock Exchange.[4]

History

The corporation was founded in 2013 by Martin E. Franklin, with financial backing from Bill Ackman.[5] It produces chemicals used for a variety of industries, including offshore oil drilling, animal health, electronics.[6][1]

Additionally, the corporation purchased several highly complementary specialty chemicals companies from 2013 through 2015: MacDermid Incorporated in October 2013, the electronic chemicals and photomasks businesses of OM Group Inc. in October 2015, and Alent plc in December 2015. After the final acquisition became effective, in 2016 Platform Specialty Products launched a new division in order to combine the operations of the acquired businesses.[7]

References

This article is issued from Wikipedia - version of the 10/29/2016. The text is available under the Creative Commons Attribution/Share Alike but additional terms may apply for the media files.