| Machinery Industry | Industrials Sector | Mr. Peter G. Dilnot B.E., B.Eng, Interim CEO | XFRA Exchange | GB00BNGDN821 ISIN |
| GB Country | 12,291 Employees | - Last Dividend | 20 Apr 2023 Last Split | - IPO Date |
Melrose Industries PLC is a global entity that operates in several key industrial sectors including aerospace, automotive, powder metallurgy, and other diversified industrial businesses. With a footprint spanning the United Kingdom, Europe, North America, and other international markets, the company specializes in acquiring underperforming businesses and transforming them into efficient market leaders. Melrose Industries, founded in 2003 and based in London, United Kingdom, has evolved significantly since its inception, including a name change from New Melrose Industries PLC to Melrose Industries PLC in November 2015. Through its subsidiaries, the company focuses on innovation, sustainability, and delivering complex engineering solutions.
In its Aerospace division, Melrose Industries supplies major components such as airframe and engine structures, along with electrical interconnection systems. These are critical to the assembly and operation of both civil and defense aircraft, showcasing the company's ability to support high-stakes industries with precision engineering and manufacturing capabilities.
The Automotive segment of Melrose Industries is at the forefront of driveline technology, offering comprehensive solutions that include the design, development, manufacturing, and integration of components for traditional and electric vehicles. This diversity enables them to meet the evolving needs of the global automotive industry, highlighting a commitment to innovation and environmental sustainability.
This segment produces precision powder metal parts primarily for the automotive and industrial sectors. Additionally, it focuses on the production of metal powder for use in powder metallurgy and the commercialization of additive manufacturing technologies. The versatility of these products and services reflects Melrose Industries’ role in advancing manufacturing techniques and material science.
Under the umbrella of other industrial activities, Melrose Industries designs, manufactures, and distributes ergonomic products for various environments, including work, education, and healthcare settings. This segment also provides metal hydride hydrogen storage solutions, demonstrating the company's venture into alternative energy storage and its potential applications across a wide array of commercial and industrial fields.