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Press Releases

Return of cash to shareholders and share capital consolidation

On 28 August 2008, Bodycote PLC ("Bodycote" or the "Company") announced the conditional sale of its Testing Business (the "Sale") and its intention to return approximately £260m of the proceeds of the Sale to shareholders of the Company (the " Shareholders"). The Sale was completed on 17 October 2008. Bodycote issued its Interim Management Statement…

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Interim Management Statement

Bodycote plc, the specialist thermal processing company, today issues its Interim Management Statement, covering the period from 1 July to 16 November 2008 and provides an update to its outlook for the year ending 31 December 2008. Disposal of the Testing Strategic Business Unit (SBU) On 27 August 2008, Bodycote announced the conditional sale of…

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New CEO Appointed As CD&R Finalises Bodycote Testing Purchase

Clayton, Dubilier and Rice, (CD&R) a global private equity firm with a strategy of building and growing the businesses in which it invests, has today (17 October 2008) finalised the purchase of the Bodycote Testing Group from Bodycote plc, and appointed Grant Rumbles as Chief Executive Officer. Grant Rumbles joins from international services company, Serco…

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Completion of Disposal of Testing Business

Bodycote plc, the specialist thermal processing company, is very pleased to announce that it has completed the disposal of the group's Testing Strategic Business Unit to Clayton Dubilier & Rice for a cash consideration of £417 million. A circular dealing with the prospective return of capital is expected to be sent to shareholders for their…

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Disposal of Testing Business Result of General Meeting & Proxy totals

Bodycote PLC ('the Company') announces that, at the General Meeting held earlier today, the Shareholders approved the resolution required for the sale of the Testing Business of the Company ('Sale') to proceed as set out in the circular sent to shareholders dated 23 September 2008 (the 'Circular'). Bodycote recently received clearance from the relevant competition…

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Appointment of Chief Executive

Bodycote Plc, the specialist thermal processing company, is delighted to announce the appointment of Stephen Harris as Chief Executive. He will initially join the Board as Chief Executive Designate on 01 November 2008 and take over from John Hubbard in the first quarter of 2009. Stephen, 50, was previously a main board Executive Director at…

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Roger Fabian becomes President of ASM

Roger Fabian was today elected President of ASM International. Roger, who is Business Development Manager for Bodycote Thermal Processing based at Berlin, Connecticut, was elected President during the ASM Annual Business Meeting at MS&T in Pittsburgh. Roger has previously served as a President of the ASM Heat Treating Society, an Affiliate Society of ASM International,…

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Dr Raj Rajagopal appointed new non-executive director

Appointment of Non Executive Director Bodycote Plc, the specialist thermal processing company, is pleased to announce the appointment of Dr Krishnamurthy (Raj) Rajagopal as a Non Executive Director with effect from 24 September 2008. Raj was previously a main board director of BOC Group Plc and Chief Executive of BOC Edwards. He has considerable experience…

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Disposal – circular to shareholders

DISPOSAL OF TESTING BUSINESS 24 September 2008 Further to the announcement made by Bodycote PLC ("Company") on 28 August 2008 relating to the sale of its Testing Business ("Sale") and return of cash to shareholders, a General Meeting of the Company has been convened for 10.30 am on 9 October 2008 to seek Shareholders' approval…

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Bodycote and Air Liquide to hold seminar

For the first time, Bodycote SA (France) and Air Liquide have joined forces to host a seminar on nitriding and nitrocarburising. Air Liquide is the world leader in industrial and medical gases and operates in 75 countries.The seminar will be held in Lyon, France on October 9th and 10th 2008. The aim of the seminar…

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Bodycote expand West Coast operations

Bodycote Thermal Processing announces their West Coast Operations are embarking on a major initiative for integrating and expanding their eight California locations. There has been growing concern amongst the supplier base that capacities in heat treating and related services to the aerospace and commercial markets are diminishing. To reassure our customers, Bodycote is planning a…

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Sale of testing business and return of cash to shareholders

Bodycote plc ("Bodycote") is pleased to announce that it has entered into a conditional agreement for the sale of its Testing Strategic Business Unit ("Testing Business") to Clayton, Dubilier and Rice (acting through CDR Tabasco Limited, a company incorporated by Clayton Dubilier & Rice Fund VII LP to effect the acquisition) ("CD&R") for a consideration…

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Bodycote Completes Major Welding Procedures Contract For FAS

Bodycote Metlab and Bodycote Shotton, part of Bodycote Testing has completed a major contract to invigilate, test and certify more than 30 qualified welding procedures approved under PED rules to the Irish State Training Authority (FAS). Ireland’s leading experts in Construction Materials Testing (CMT), Bodycote Metlab has worked in partnership with FAS to develop the…

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Bodycote plc: Change of Registered Office 18 August 2008

Bodycote plc announces that, with effect from 18 August 2008, its registered office has changed to: Springwood Court Springwood Close Tytherington Business Park Macclesfield Cheshire UK SK10 2XF Telephone numbers remain unchanged

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Bodycote Success at the Farnborough Airshow

The attendance of Bodycote at the Farnborough Airshow was considered to be a great success. Alan Thomson, the Chairman of Bodycote plc, attended the show during the trade week and was on hand to meet some of our key clients. Alan stated that “the high quality and outstanding professionalism of our exhibition stand and staff…

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Grand Opening Ceremony for new Silao plant

Bodycote Thermal Processing’s new plant in Silao, Mexico, officially opened its doors last week following a grand opening ceremony. The ribbon-cutting ceremony was attended by Bodycote personnel plus officials and government representatives from the State of Guanajuato including the governor, Lic. Juan Manuel Oliva Ramirez, who, during the ceremony, proposed a future relationship between Bodycote…

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Interim results to be published 29 July 2008

Bodycote plc will be announcing its interim results for the six months to 30 June 2007 on Tuesday 29 July 2008.

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Bodycote Extends Thermal Spray Expertise

Bodycote is pleased to announce the acquisition of three UK companies, Plasma & Thermal Coatings Ltd, Greenhey Engineering Services and NPE Innotek Ltd, which join the Metallurgical Coatings division of Bodycote’s Thermal Processing Group. Plasma & Thermal Coatings operates from Newport, South Wales, and provides plasma spray, HVOF, arc spray and flame spray coatings. The…

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