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Melrose plc
Type Public (LSE: MRO)
Founded 2003
Headquarters London, UK
Key people Christopher Miller, Chairman
David Roper, CEO
Industry Finance
Revenue £344.0million (2007)
£938.3 million (2008)
Operating income £18.7million (2007)
£73.1 million (2008)
Net income £15.6million (2007)
£47.8 million (2008)
Website www.melroseplc.net

Melrose plc (LSE: MRO) is a leading British-based investment company specialising in the acquisition and performance improvement of under-performing businesses. It is headquartered in London and is a constituent of the FTSE 250 Index.

Contents

History

The business was established in 2003. It was first listed on the Alternative Investment Market in the same year and moved to the main market in 2005. In 2005 it acquired Dynacast, a manufacturer of diecast parts and components, and McKechnie, an engineering group, and in 2007 it sold McKechnie Aerospace and McKechnie PSM for $855m.[1] In 2008 it acquired FKI plc, another engineering business.[2]

Constituents

The Group is organised as follows:

  • Dynacast: Manufactures precision engineered diecast components from zinc, magnesium and aluminium alloys for use in consumer goods such as razor blade handles, mobile phone covers, auto industry fittings etc[3]
  • McKechnie Plastic Components: Manufactures plastic components and metal pressings for the automotive, hardware and consumer industries.[4]
  • FKI: An engineering group made up of four divisions[5]: Lifting products and services, Energy Technology group, Hardware, FKI Logistex.

References

Company Websites

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