Detroit-based American Axle and Manufacturing will buy GKN Automotive owner Dowlais in a cash-and-stock deal, valuing the ...

American Axle & Manufacturing (AAM) in Detroit has acquired the British Dowlais Group, which includes GKN Automotive and GKN ...

The Detroit-based drivetrain components supplier's acquisition of Dowlais Group plc will offer more production scale, help lower costs.

British "industrial aristocracy" Dowlais joins exodus from London stock market - Dowlais traces its roots back to the ...

The British firm that American Axle is acquiring was listed on the London exchange in 2023 and has lost 40% of its stock ...

The 15 largest deals announced in the UK during January have been revealed by new Insider research, with the transactions covering a range of sectors.

GKN Automotive and GKN Powder Metallurgy, both headquartered in Birmingham. The spinoff from Melrose now services more than 90% of global automotive OEMs, operates 70 manufacturing facilities ...

Dowlais Group, the specialist engineering firm formed through Melrose Industries' demerger of its GKN Automotive, GKN Powder Metallurgy and GKN Hydrogen businesses, has agreed terms on ...

In 2017, GKN generated GBP 9.7 billion in revenue. About 50% of revenue comes from Driveline, 35% from Aerospace, and 11% from Powder Metallurgy, while other business generates the remaining 4% of ...

In 2023, Melrose spun off GKN's automotive and powder metallurgy businesses by listing Dowlais - named after the village in South Wales where GKN was founded. Its London-listed shares have lost ...

Dowlais shares jumped as much as 13%, but had pared gains to trade up 4.6% at 71.5 pence by 1418 GMT. RBC analysts said the ...