Acquisition · Activity not yet classified
Selected businesses of Goodwin plc’s Mechanical Engineering Division
Transaction overview
Announced
Exact closing date not established.
On September 9, 2026, Cerberus announced an affiliate’s agreement to acquire a substantial part of Goodwin plc’s Mechanical Engineering Division for up to approximately £1.1 billion, subject to purchase-price adjustments. The businesses include Goodwin Steel Castings, Goodwin International, Noreva, Easat Group and the Pump Division; this is not a purchase of all of Goodwin plc. Completion was expected in the first quarter of 2027, subject to regulatory approvals and customary conditions.
Selected source-supported transactions; coverage is incomplete. Announcements do not establish completion or that a deal is still pending. Sponsor activity and operating-business transactions are distinct from adviser acquisitions. Unclassified activity is excluded from adviser-only counts.
Source evidence
- Cerberus to Acquire Substantial Part of the Mechanical Engineering Division of Goodwin plc - Cerberus Capital Management ↗
Official firm website · Published Sep 9, 2026
On September 9, 2026, Cerberus announced an affiliate’s agreement to acquire a substantial part of Goodwin plc’s Mechanical Engineering Division for up to approximately £1.1 billion, subject to purchase-price adjustments. The businesses include Goodwin Steel Castings, Goodwin International, Noreva, Easat Group and the Pump Division; this is not a purchase of all of Goodwin plc. Completion was expected in the first quarter of 2027, subject to regulatory approvals and customary conditions.