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GKN


GKN is to expand the 700-strong workforce at its car parts factory in Telford with 50 temporary jobs.
19-Aug-2014


GKN has bought Williams Hybrid Power, the manufacturer of flywheel-based energy storage systems, from Oxfordshire-based Williams Grand Prix Engineering for £8m.
02-Apr-2014


GKN has sold its aerospace engineering services business in the UK and Australia to QuEST Global Services, including gross assets of £8.1m.
01-Dec-2011


GKN has acquired Getrag, the German vehicle components manufacturer, for £280m.
01-Aug-2011


GKN has acquired Stromag, the German manufacturer of industrial clutches and brakes, for £174m.
19-Jul-2011


GKN is to acquire the Airbus aircraft wing components factory at Filton near Bristol for £136m, and the government is providing £60m in repayable aid.
16-Sep-2008


GKN is to acquire Teleflex Aerospace Manufacturing, the manufacturer of engine components for the aerospace industry with 600 staff in Burnley, the US, Mexico and France, for undisclosed terms.
05-Apr-2007


GKN has acquired Liuzhou Steel Rim Factory, the Chinese manufacturer of off-highway wheels with 550 staff, for £4m.
17-Nov-2006


GKN has acquired Stellex Aerostructures of the US for an estimated £90m, as well as US-based Rockford Powertrain for £26m.
04-Aug-2006


GKN has acquired QDS Henschen, the US manufacturer of wheel hubs with 110 staff, from the Lakin Manufacturing Corporation for £6m.
21-Nov-2005


GKN has acquired the remaining 51% of Velcon, the Mexican manufacturer of automotive parts with 640 staff, from joint venture partner Desc for £44m.
03-Feb-2005


GKN is to sell its 50% stake in Aerosystems International, the avionics and software company with 400 staff, to joint venture partner BAe Systems for £14m.
17-Aug-2004


GKN is to sell its German tube connecting systems business to Eaton Corporation of the US for £26m.
23-Jun-2004


GKN is to sell its 50% stake in the AgustaWestland helicopter business to Finmeccanica of Italy for £1.06bn, and the proceeds will be used to expand its automotive and aerospace component operations.
27-May-2004


GKN is soon to decide whether to build a new £10m aerospace materials research centre in the UK or the US, and the Isle of Wight is thought to be a likely location.
28-Nov-2003


GKN has acquired Pilkington Aerospace, the manufacturer of military aircraft canopies, for £42m.
23-Jul-2003


GKN has acquired the Wolverhampton-based automotive chassis business of UPF-Thompson out of receivership.
22-Aug-2002


GKN is to acquire Astech, the US manufacturer of titanium components for aircraft, for £22m.
10-May-2002


GKN has announced plans for the £7bn merger of its industrial services division with Brambles of Australia, and is now seeking acquisitions for its automotive and aerospace engineering operations.
20-Apr-2001


GKN is to buy a military aircraft fuselage and wing parts factory in St Louis, Missouri, from Boeing for £44m, and has also announced plans to create a new Aerospace Services subsidiary and cut the number of plants from 11 to seven.
20-Oct-2000


GKN has acquired Nissan Motor's driveline factory in Japan for £56m, giving it a 15% share of the Japanese market.
07-Aug-2000


GKN has sold its 48% stake in Normalair-Garrett, the Somerset-based aircraft components business, to Honeywell for £73m.
24-Dec-1999


GKN's Sinter Metals division has bought Borg-Warner Automotive's powdered metals business in the US.
05-Oct-1999


GKN and Finmeccanica of Italy have agreed to merge their helicopter operations, Westland and Agusta, into a joint venture that will have about 20% of the world market.
19-Mar-1999


GKN has acquired Interlake, the US manufacturer of powdered metals and aerospace components, for £335m.
08-Dec-1998


GKN is acquiring Dow-UT Composite Products, the US manufacturer of aircraft components, for £37m, and will merge the business with its GKN Westland Aerospace division.
29-Oct-1998


GKN and Alvis are to merge their tanks businesses with GKN swapping its interests for a 29.9% stake in Alvis, and the deal is expected to lead to the closure of Alvis's plant in Coventry.
16-Sep-1998


GKN is set to acquire a US manufacturer of powder metal forged connecting rods from Borg-Warner Automotive, in a deal thought to be worth around $40m.
29-Jul-1998


Cleanaway, the joint venture between GKN and Brambles Industries, is acquiring SKP Group, the German recycling and waste management business, for undisclosed terms.
07-Apr-1998


GKN is to acquire a 95% stake in Armstong Wheel & Rim Manufacturing, the US maker of parts for off-road vehicles, for £31m, and will buy the remaining 5% within 12 months.
31-Dec-1997


GKN Westland Aerospace is acquiring Aerospace Composite Technologies of Luton for £21m.
03-Jul-1997


GKN is acquiring Sinter Metals, the US powder metallurgy company, for £352m, thus giving it 14% of the world market for lightweight components made from the precision pressing of metal and carbide powders.
01-May-1997


GKN Westland Aerospace is acquiring the assets of BP Chemicals advanced materials business for £9m.
27-Mar-1997


GKN has sold its US distributor of car parts, Parts Inc of Memphis, to APS Holding for $80m.
07-Dec-1995


GKN has sold its axles operation to Dana Corp for £58m, and is buying stakes in three South American automotive groups from Dana.
02-Nov-1995