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On 07 August 2026, the Board of Goodwin PLC announced it has commenced a strategic review. This review includes considering the potential sale of a substantial part of its Mechanical Engineering division, which encompasses GSC, GI, Noreva, Easat, and Pumps. Rothschild & Co is advising the Board on the strategic review, and discussions are ongoing.
| Date | 7 Aug 2026 |
| Time | 07:14:00 |
| Category | Corporate updates |
| ID | 7490P |
THIS ANNOUNCEMENT CONTAINS INSIDE INFORMATION FOR IMMEDIATE RELEASE
7 August 2026
Goodwin PLC ("Goodwin" or the "Company")
Recent press speculation
The Board of Goodwin notes recent press speculation regarding the potential sale of parts of the Mechanical Engineering division.
The Board of Goodwin confirms that it has commenced a strategic review to consider a range of potential options to maximise value for shareholders whilst ensuring continuity for all stakeholders, including customers, and the long-term prosperity of its businesses. These options include the potential sale of a substantial part of the Mechanical Engineering division, which includes GSC, GI, Noreva, Easat and Pumps.
Discussions are ongoing and there can be no certainty that a transaction will be entered into. Rothschild & Co is advising the Board of Goodwin on the strategic review.
The Board will update shareholders on the progress of the strategic review, as appropriate.
Enquiries
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Rothschild & Co Daniel Ross / Sabina Pennings |
+44 20 7280 5000
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FTI Consulting Alex Le May / Nick Hasell / Alexander Davis |
+44 20 3727 1000 |
Additional information
N.M. Rothschild & Sons Limited ("Rothschild & Co") is authorised and regulated by the Financial Conduct Authority in the United Kingdom. Rothschild & Co is acting for Goodwin in relation to the matters described in this announcement and no one else in connection with the matters set out in this announcement and will not regard any other person as its client in relation to the matters set out in this announcement and will not be responsible to anyone other than Goodwin for providing the protections afforded to clients of Rothschild & Co or its affiliates, or for providing advice in relation to the contents of this announcement or any other matter referred to herein.
Inside Information
The information contained within this announcement is deemed by the Company to constitute inside information as stipulated under the Market Abuse Regulation (EU) No. 596/2014 (as it forms part of domestic law by virtue of the European Union (Withdrawal) Act 2018). On the publication of this announcement via a Regulatory Information Service, this inside information is now considered to be in the public domain. The person responsible for releasing this announcement on behalf of Goodwin is Jenny Martin, Company Secretary.