7th Aug 2026 10:22
(Alliance News) - Goodwin PLC on Friday confirmed it has launched a strategic review, including considering the potential sale of a substantial part of its Mechanical Engineering division.
The Stoke-on-Trent, England-based engineering and refractories company said the review aims to maximise shareholder value while ensuring continuity for customers and the long-term prosperity of its businesses.
Assets under review include GSC, GI, Noreva, Easat and Pumps. Goodwin said discussions continue, and there is no certainty a transaction will be completed. Rothschild & Co is advising on the review.
Goodwin shares jumped 12% in response to 21,000.00 pence each on Friday morning in London.
By Tom Budszus, Alliance News slot editor
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