M&A Deal Summary

Melrose Industries Acquires GKN

On March 29, 2018, Melrose Industries acquired engineering company GKN for 8.0B GBP

Acquisition Highlights
  • This is Melrose Industries’ 1st transaction in the Engineering sector.
  • This is Melrose Industries’ largest (disclosed) transaction.
  • This is Melrose Industries’ 2nd transaction in the United Kingdom.

M&A Deal Summary

Date 2018-03-29
Target GKN
Sector Engineering
Buyer(s) Melrose Industries
Deal Type Add-on Acquisition
Deal Value 8.0B GBP

Target

GKN

Redditch, United Kingdom
website
GKN is a global engineering company. Known for its expertise in advanced manufacturing, GKN specializes in designing, manufacturing, and supplying innovative components and systems for the automotive, aerospace, and industrial markets. Its extensive product portfolio includes driveline technologies, electric drivetrains, lightweight structures, aerospace systems, and power management solutions. GKN is based in Redditch, United Kingdom.

Search 193,974 Deals Now

SEARCH BY

  • Buyer Type (PE or Strategic)
  • Deal Size ($10M to $10B+)
  • Sector (60 Sectors)
  • Deal Type
  • Geography
  • & More

Try For Free 7-Day Free Trial

Buyer(S) 1

Buyer

Melrose Industries

London, United Kingdom

website


Category Company
Founded 2003
Sector Machinery
Employees37,336
Revenue 7.5B GBP (2022)
DESCRIPTION

Melrose is a buyer good manufacturing businesses with strong fundamentals whose performance can be improved. Melrose finances its acquisitions using a low level of leverage, improves the businesses by a mixture of investment and changed management focus, sells them and returns the proceeds to shareholders. Melrose Industries was founded in 2003 and is based in London, the United Kingdom.


DEAL STATS #
Overall 8 of 8
Sector (Engineering) 1 of 1
Type (Add-on Acquisition) 7 of 7
Country (United Kingdom) 2 of 2
Year (2018) 1 of 1
Size (of disclosed) 1 of 6
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2016-07-06 Nortek Air

O’Fallon, Missouri, United States

Nortek Air is a diversified manufacturer of world-class products spanning custom and commercial air solutions for high-performance environments, residential and commercial HVAC, and fresh air ventilation systems for homes. Nortek Air was founded in 1977 and is based in O’Fallon, Missouri.

Buy $2.8B
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2021-04-19 Nortek Air

O’Fallon, Missouri, United States

Nortek Air is a diversified manufacturer of world-class products spanning custom and commercial air solutions for high-performance environments, residential and commercial HVAC, and fresh air ventilation systems for homes. Nortek Air was founded in 1977 and is based in O’Fallon, Missouri.

Sell -