Melrose Industries: Difference between revisions - Wikipedia

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| [[Simon Peckham]]

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| location = [[LondonBirmingham]], England, UK

| key_people = {{ubl|{{wd-chairperson}}|{{wd-ceo}}}}

| industry = [[Aerospace]]

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'''Melrose Industries plc''' is a British aerospace manufacturing company based in London. In 2023 Melrose Industries became an aerospace[[Birmingham]], businessEngland. Melrose IndustriesIt is the parent company of GKN Aerospace. ItsThe company's 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 (company)|FKI]], Elster, Nortek, and [[GKN]]. Its acquisition techniques have allegedly included [[Takeover#Hostile|hostile takeover]] tactics;<ref name = "hostile sweetner"/> Melrose has also been publicly criticised for issuing high paying performance linked incentive schemes to its top executives.<ref name = "highpay 2019"/> In 2023 Melrose Industries plc demerged GKN Automotive and GKN Powder Metallurgy from GKN as [[Dowlais Group]], transforming itself to a focused aerospace business.