Division Sale News in the Engineering sector

As part of Trelleborg’s strategic and operational action program within the Trelleborg Automotive business area, Trelleborg has entered an agreement in principal to divest its operations in Coventry, UK, which belong to Trelleborg Automotive UK. The operations will be taken over by the company’s mana [more]

Invensys plc has announced that it has entered into an agreement to sell APV to SPX Corporation for a cash consideration of £250m, subject to customary regulatory approvals. The disposal is being made on a “debt free/ cash free” basis and completion is expected to take place by the end of D [more]

Amec, the UK-based support services group, announced yesterday that it is to sell its 50 per cent stake in its Amec Spie Rail Systems business to French infrastructure company Colas for an estimated £2 [more]

Mounting talk surrounding the possibility of a sale of Weir Group’s founding business Weir Pumps to Swiss company Sulzer, was yesterday further fuelled by the refusal of a Weir Group spokeswoman to rule out the disposal, reported The Herald newspa [more]

UK-listed engineering group Melrose is rumoured to be close to a sale of its aerospace division. [more]

FKI Plc, the UK-listed engineering group, is to undergo a strategic review that could lead to the sale or demerger of several of its key businesses. [more]

Melrose Plc, the AIM-listed engineering company, has put its aerospace division up for sale. [more]

MJ Gleeson, the UK construction company, has sold its engineering division to Black and Veatch Corp of the US for a cash consideration of £ [more]

Alstom, the global power generation and rail transport company, is reportedly putting its UK division up for sale with a pricetag of £ [more]

There are rumours of a potential disposal by Invensys of its rail signaling division. Analysts following Invensys have said the rail systems division [more]

Novelis, the US-listed aluminium producer, is reviewing the strategic options for its European technical products business, which include a potential [more]

BAE, the UK-listed engineering firm, may be forced to sell its naval division if it cannot secure further shipbuilding contracts from the government. [more]