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Melrose, which bought GKN in a controversial £8 billion takeover in 2018, said it will demerge GKN’s automotive and the smaller powder metallurgy divisions from its aerospace arm into a ...
GKN-owner Melrose swings to profit on air travel recovery, cost cuts By Reuters September 2, 202112:40 AM PDTUpdated September 2, 2021 ...
Key highlights from GKN Automotive’s Sustainability Progress Report 2024 Key highlights from GKN Automotive’s Sustainability Progress Report 2024 LONDON, June 05, 2025 (GLOBE NEWSWIRE) -- GKN ...
Sept 12 (Reuters) - GKN Automotive owner Dowlais Group (DWL.L), opens new tab on Tuesday maintained its 2023 outlook and said its first-half performance was ahead of its expectations on the back ...
Melrose’s red-blooded capitalism made its 2018 acquisition of GKN an acrimonious affair. But a steep £8bn purchase price and the backing of event-driven hedge funds delivered eventual victory.
GKN to axe 500 jobs in closure of 'no longer viable' car parts plant The manufacturing giant, swallowed up in a hostile takeover by Melrose in 2018, says it faced an increasingly tough global market.
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GKN owner Dowlais faces takeover by US competitor - MSNGKN Automotive owner Dowlais Group has become the latest London-listed firm to receive a takeover offer from a US competitor. In a stock exchange announcement, Dowlais said that Michigan-based ...
A car parts factory is set to close putting up to 519 jobs at risk. Birmingham Erdington MP Jack Dromey said the announcement by GKN was "completely unexpected" and brought to an end more than 50 ...
A car parts factory is set to close putting up to 519 jobs at risk. Birmingham Erdington MP Jack Dromey said the announcement by GKN was "completely unexpected" and brought to an end more than 50 ...
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