Melrose Industries

Melrose has acquired, and in some cases also sold numerous engineering companies, including Dynacast, McKechnie, FKI, Elster, Nortek, and GKN.

Its acquisition techniques have allegedly included hostile takeover tactics;[4] Melrose has also been publicly criticised for issuing high paying performance linked incentive schemes to its top executives.

[17] During the late 2010s, the company was reportedly subject to vigorous criticism over the generosity of its long-term bonus scheme, which paid out £167m to Melrose's four bosses over its performance in 2018, during which revenues and profits had both dramatically increased.

[20] By 2018, Nortek was reporting a 52 per cent increase in adjusted operating profits across the previous year, having met its original three-to-five-year targets for the company within 18 months.

[25][26] Following a formal review of the purchase, including of various objections put forward by GKN workers and trade unions, the UK Government allowed the transaction to proceed in April 2018;[27][28] Melrose agreed to comply with several national security measures.

[30][31] During 2020, David Roper, one of the Melrose's three original founders, was set to step down as executive vice-chairman and depart the firm; the move would be allegedly due to disagreements over recent business strategy.

Sculpture at Melrose's head office at Leconfield House in Curzon Street , London