Melrose Industries

Melrose Industries plc

Formerly	New Melrose Industries plc (September–November 2015)[1]
Company type	Public limited company
Traded as	LSE: MRO FTSE 100 component
Industry	Aerospace
Founded	2003
Founder	Christopher Miller David Roper Simon Peckham
Headquarters	Birmingham, England, UK
Key people	Justin Dowley (chair­person)  Simon Peckham (CEO)
Revenue	£3,350 million (2023)[2]
Operating income	£57 million (2023)[2]
Net income	£(1,019) million (2023)[2]
Number of employees	16,000 (2024)[3]
Subsidiaries	GKN Aerospace
Website	melroseplc.net

Melrose Industries plc is a British aerospace manufacturing company based in Birmingham, England. It is the parent company of GKN Aerospace. The 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, Elster, Nortek, and GKN. Its acquisition techniques have allegedly included hostile takeover tactics;^[4] Melrose has also been publicly criticised for issuing high paying performance linked incentive schemes to its top executives.^[5] In 2023 Melrose Industries plc demerged GKN Automotive and GKN Powder Metallurgy from GKN as Dowlais Group, transforming itself to a focused aerospace business.