All the updated news related to gkn

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Melrose reveals potential £200m hit from plane engine problems

Melrose Industries has said it could take a hit of around £200 million from problems with an aeroplane engine which is likely to ground hundreds of planes over the next few years. The business said its subsidiary GKN Aerospace has a 4% share in the ...

12 Sept 2023 at 10:23

City

Melrose to spin off GKN’s automotive arm in break-up of engineering group

Turnaround specialist Melrose Industries has confirmed plans to spin off the GKN automotive business in a move that will see one of Britain’s oldest engineering firms broken up. Melrose, which bought GKN in a controversial £8 billion takeover in ...

08 Sept 2022 at 09:20

City

Melrose shrugs off tariff uncertainty amid boost from defence demand

GKN Aerospace owner Melrose Industries has swung to a first half profit thanks to a boost from rising demand in the defence and airlines sector. The group shrugged off disruption sparked by US President Donald Trump’s trade war to post pre-tax ...

01 Aug 2025 at 08:52

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