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Acquisition and disposal related costs
 9 Months Ended
Sep. 29, 2019
Business Combinations [Abstract]  
Acquisition and disposal related costs
Acquisition and disposal related costs
Acquisition and disposal related costs of $1.7 million have been incurred in the first nine-months of 2019 (2018: nil). This relates to a $4.6 million charge in the First Quarter of 2019 in relation to a reimbursement of costs following the terminated Neo acquisition, partially offset by a $2.9 million gain from the sale of Magnesium Elektron CZ s.r.o. in the Second Quarter of 2019.

 
In millions
2019
 
 
Cash proceeds
$
5.9

 
 
Less:
 
 
 
     Cash held in business
(1.3
)
 
 
     Purchase price adjustment
(0.2
)
 
 
Net proceeds
$
4.4

 
 
Net assets less cash
(3.6
)
 
 
Profit on disposal
$
0.8

 
 
Disposal costs
(0.4
)
 
 
Realized translation gain on disposal
2.5

 
 
Net profit on disposal
$
2.9