mro industry finance founded 2003 headquarters london uk key people christopher miller chairman simon peckham ceo revenue 261.1 million 2015 1 operating income 4.8 million 2015 1 net income 16.3 million 2015 1 website www.melroseplc.net melrose industries plc lse mro is a british based investment company specialising in the acquisition and performance improvement of underperforming businesses . it is based in london and is listed on the london stock exchange . contents 1 history 2 constituents 3 references 4 company websites history edit sculpture at melrose s head office at leconfield house in curzon street london 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 2 and in 2007 it sold mckechnie aerospace and mckechnie psm for 855m . 3 in 2008 it acquired fki another engineering business 4 and in 2011 dynacast was sold . 5 mckechnie plastic components was sold in june 2012 6 and elster a metering business was acquired in august 2012 . 7 in july 2015 it sold elster to honeywell . 8 it went on to buy nortek a ventilation equipment manufacturer for 2.2 billion in september 2016 . 9 constituents edit the group s principal subsidiary is brush turbogenerators an engineering business which was acquired as part of fki . 4 references edit a b c annual report 2015 pdf . melrose industries . retrieved 10 april 2016 . melrose engineers 429m deal . the telegraph . 22 april 2005 . retrieved 10 april 2016 . melrose sells mckechnie aerospace in 856m deal reuters 26 march 2007 a b fki accepts 480m bid from melrose . ft. 22 april 2008 . retrieved 10 april 2016 . melrose sells dynacast for 590m . financial times . retrieved 30 march 2015 . melrose sells 70m turnover mckechnie . insider media . retrieved 10 april 2016 . melrose to acquire elster for 2.3 billion to add metering . bloomberg . 29 june 2012 . retrieved 26 june 2014 . melrose shares soar on 3.3 bn sale of elster to honeywell . 28 july 2015 . retrieved 10 april 2016 . melrose bets 2.2 bn on us housing growth with nortek takeover . the telegraph . 6 july 2016 . retrieved 2 september 2016 . company websites edit melrose company website v t e melrose industries current brush electrical machines brush transformers brush turbogenerators fki hawker siddeley switchgear former brush barclay brush traction this bank insurance or other financial services corporation article is a stub . you can help wikipedia by expanding it . v t e retrieved from https en.wikipedia.org w index.php title melrose industries & oldid 737412125 categories companies based in londonfinancial services companies of the united kingdomcompanies established in 2003companies listed on the london stock exchangefinancial services company stubshidden categories all stub articles navigation menu personal tools not logged intalkcontributionscreate accountlog in namespaces article talk variants views read edit view history more search navigation main pagecontentsfeatured contentcurrent eventsrandom articledonate to wikipediawikipedia store interaction helpabout wikipediacommunity portalrecent changescontact page tools what links hererelated changesupload filespecial pagespermanent linkpage informationwikidata itemcite this page print export create a bookdownload as pdfprintable version languages deutsch fran ais edit links this page was last modified on 2 september 2016 at 16 18 . text is available under the creative commons attribution sharealike license ; additional terms may apply . by using this site you agree to the terms of use and privacy policy . wikipedia is a registered trademark of the wikimedia foundation inc. a non profit organization . privacy policy about wikipedia disclaimers contact wikipedia developers cookie statement mobile view