Melrose boosts adjusted operating profit by 29% in H1 2025, driven by aerospace momentum and transformation gains LONDON: Melrose Industries PLC reported a robust first-half performance for 2025, with adjusted operating profit surging 29% and free cash flow improving by…
LONDON, UK: Melrose Industries Plc has entered into an agreement to sell its Ergotron business, to funds managed by The Sterling Group for total consideration of approximately $650 million, payable in cash on completion. Ergotron is a leading designer, manufacturer…
LONDON: Melrose Industries PLC has entered into an agreement to sell its Nortek Air Management business to Chicago-based Madison Industries for consideration of approximately £2.62 billion payable in cash on completion. Nortek Air Management business comprises Nortek Global HVAC (“GHVAC”)…