Kentz Corporation Limited is an engineering solutions business which serves customers primarily in the oil and gas, petrochemical and mining and metals sectors. It is a constituent of the FTSE 250 Index

FTSE 250 Index

The FTSE 250 Index is a capitalisation-weighted index consisting of the 101st to the 350th largest companies on the London Stock Exchange. Promotions to and demotions from the index take place quarterly in March, June, September and December...

.

History

The company was founded by Michael Francis Kent as an electrical contracting business in Clonmel

Clonmel

Clonmel is the county town of South Tipperary in Ireland. It is the largest town in the county. While the borough had a population of 15,482 in 2006, another 17,008 people were in the rural hinterland. The town is noted in Irish history for its resistance to the Cromwellian army which sacked both...

 in South Tipperary

South Tipperary

South Tipperary is a county in Ireland. It is part of the South-East Region and is also located in the province of Munster. It is named after the town of Tipperary and consists of 52% of the land area of the traditional county of Tipperary. The county was established in 1898 and has had a county...

 in 1919. It expanded rapidly during the 1970s and 1980s as it upgraded the Irish telecommunications network. However in 1992 the company, by then trading as MF Kent, made heavy losses on the refurbishment of the Museu Nacional d'Art de Catalunya

Museu Nacional d'Art de Catalunya

The Museu Nacional d'Art de Catalunya , abbreviated as MNAC, is a museum of Catalan visual art located in Barcelona, Catalonia. It is housed in the Palau Nacional, built for the 1929 World's Fair...

 and struggled to survive; two years later the Malaysian Group, Peremba, stepped in and took a majority stake in the business. It changed its name to Kentz following the rescue. It was listed on the Alternative Investment Market

Alternative Investment Market

AIM is a sub-market of the London Stock Exchange, allowing smaller companies to float shares with a more flexible regulatory system than is applicable to the main market....

 in January 2008 and transferred to the main market of the London Stock Exchange

London Stock Exchange

The London Stock Exchange is a stock exchange located in the City of London within the United Kingdom. , the Exchange had a market capitalisation of US$3.7495 trillion, making it the fourth-largest stock exchange in the world by this measurement...

in July 2011.

Operations

The company's three main businesses are:

• specialist engineering, procurement and construction services
• construction
• technical support services