Asset sale Announced Sponsor buyer
Affiliate of Cerberus Capital Management, L.P. acquisition of Mechanical Engineering division of Goodwin PLC (Goodwin Steel Castings Limited, Goodwin International Limited, Noreva GmbH, Easat Group and the Pumps Division)
£1.1bn consideration
Announced Sep 2026 (approx.)
Advisers
Mechanical Engineering division of Goodwin PLC (Goodwin Steel Castings Limited, Goodwin International Limited, Noreva GmbH, Easat Group and the Pumps Division)
Target
- Legal adviser
Affiliate of Cerberus Capital Management, L.P.
Acquirer
Not disclosed
- Target
- Mechanical Engineering division of Goodwin PLC (Goodwin Steel Castings Limited, Goodwin International Limited, Noreva GmbH, Easat Group and the Pumps Division)
- Acquirer
- Affiliate of Cerberus Capital Management, L.P.
- Seller
- Goodwin
- Sector
- Industrial products and machinery
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Sources
- 9 Sep 2026 Ashurst Perkins Coie advises Goodwin PLC on the £1.1 billion sale of its Mechanical Engineering Business to Cerberus Capital Management ashurstperkinscoie.com