# Essentra plc acquires Innovative Components Inc.

Essentra plc acquired 100% of the share capital of Innovative Components Inc. and Componentes Innovadores Limitada for an undisclosed cash consideration. The acquisition strengthens Essentra's Components division in plastic and metal components.

- Type: Acquisition
- Announced: 2019-07-03
- Where: Schaumburg, Illinois, United States
- Status: completed
- Products: plastic components, metal components, knobs and handles
- Sectors: [Industrial Machinery](https://endata.com/sectors/industrial-machinery.md), [Automotive Components](https://endata.com/sectors/automotive-components.md), [Electrical Equipment](https://endata.com/sectors/electrical-equipment.md), [Construction Materials](https://endata.com/sectors/construction-materials.md)

## Companies

- [Essentra plc](https://endata.com/companies/9394.md) (acquirer)
- [Innovative Components Inc.](https://endata.com/companies/40443.md) (target)
- [Componentes Innovadores Limitada](https://endata.com/companies/40444.md) (target)

## Sources

- [fastenernewsdesk.com](https://www.fastenernewsdesk.com/24773/essentra-plc-acquires-schaumburg-based-innovative-components-inc/), 2019-07-03: "The combination of Innovative Components with the Essentra Components division is an important strategic development for Essentra."

---
Data from Endata (https://endata.com/). Announcements are summarized from public sources and may be incomplete; check the linked originals.