|Type||Public (LSE: MRO)|
|Key people||Christopher Miller, Chairman
Simon Peckham, CEO
David Roper, Vice Chairman
Geoff Martin, CFO
|Revenue||£1,551.4 million (2012)|
|Operating income||£243.1 million (2012)|
|Net income||£44.2 million (2012)|
Melrose plc (LSE: MRO) is a leading British-based investment company specialising in the acquisition and performance improvement of underperforming businesses. It is headquartered in London and is a constituent of the FTSE 100 Index.
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. In 2008 it acquired FKI plc, another engineering business. In 2011, Dynacast was sold.
The Group is organised as follows:
- McKechnie Plastic Components: Manufactures plastic components and metal pressings for the automotive, hardware and consumer industries.
- FKI: An engineering group made up of four divisions: Lifting products and services, Energy Technology group, Hardware, FKI Logistex.
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