New Melrose Industries plc (September–November 2015)[1]
Company type
Public limited company
Traded as
LSE: MRO FTSE 100 component
Industry
Aerospace
Founded
2003
Founder
Christopher Miller
David Roper
Simon Peckham
Headquarters
London, England, UK
Key people
Justin Dowley (chairperson)
Simon Peckham (CEO)
Revenue
£3,350 million (2023)[2]
Operating income
£57 million (2023)[2]
Net income
£(1,019) million (2023)[2]
Number of employees
16,000 (2024)[3]
Subsidiaries
GKN Aerospace
Website
melroseplc.net
Melrose Industries plc is a British aerospace manufacturing company based in London. In 2023 Melrose Industries became an aerospace business. Melrose Industries is the parent company of GKN Aerospace. Its shares are listed on the London Stock Exchange as a constituent of the FTSE 100 Index.
Melrose Industries was founded in 2003 by David Roper, Christopher Miller and Simon Peckham. In terms of business practices, the company aimed to buy and turn around underperforming businesses. Melrose has acquired, and in some cases also sold numerous engineering companies, including Dynacast, McKechnie, FKI, Elster, Nortek, and GKN. Its acquisition techniques have allegedly included hostile takeover tactics;[4] Melrose has also been publicly criticised for issuing high paying performance linked incentive schemes to its top executives.[5] In 2023 Melrose Industries plc demerged GKN Automotive and GKN Powder Metallurgy from GKN as Dowlais Group, transforming itself to a focused aerospace business.
^"Melrose Industries plc overview - Find and update company information - GOV.UK". Companies House. 2015-09-29. Retrieved 2024-02-19.
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Biochimico Pavese Pharma in Italy in 2005 and Jazeera Pharmaceutical Industries in Saudi Arabia in 2006. In 2007 the company went on to buy APM in Jordan...
testing services, the company provides quality and safety assurance to industries such as construction, healthcare, food and transport. Products tested...
Lloyds Banking Group London Stock Exchange Group M&G Marks & Spencer MelroseIndustries Mondi National Grid NatWest Group Next Ocado Pearson Pershing Square...
data management, retail and corporate consultancy, and sports-marketing industries. This included the 1999 acquisition of Lambie-Nairn. In 1998, WPP formed...
Irish Stock Exchange in 1964 and acquired a partial interest in Time Industries, a Chicago-based paper and packaging company, in 1974. Jefferson Smurfit...
Lloyds Banking Group London Stock Exchange Group M&G Marks & Spencer MelroseIndustries Mondi National Grid NatWest Group Next Ocado Pearson Pershing Square...
Lloyds Banking Group London Stock Exchange Group M&G Marks & Spencer MelroseIndustries Mondi National Grid NatWest Group Next Ocado Pearson Pershing Square...
Lloyds Banking Group London Stock Exchange Group M&G Marks & Spencer MelroseIndustries Mondi National Grid NatWest Group Next Ocado Pearson Pershing Square...
Lloyds Banking Group London Stock Exchange Group M&G Marks & Spencer MelroseIndustries Mondi National Grid NatWest Group Next Ocado Pearson Pershing Square...
Lloyds Banking Group London Stock Exchange Group M&G Marks & Spencer MelroseIndustries Mondi National Grid NatWest Group Next Ocado Pearson Pershing Square...
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million loan from his father. While studying various business models in the industry, Stelios took a significant interest in the American operator Southwest...
Global Information
£3,350 million (2023)[2]
£(1,019) million (2023)[2]