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Cerberus Capital Management has agreed to acquire a substantial portion of Goodwin plc's Mechanical Engineering Division, including Goodwin Steel Castings, Goodwin International, Noreva, Easat and the Pump Division, for up to about £1.1 billion in cash. Closing is expected in Q1 2027.
Northern Gas Networks published a modification notice for its axial control valves supply, moving to a UK alternative source, Goodwin, to secure shorter lead times and a second supplier. The contract value is not stated.
Northern Gas Networks awarded a contract to UK supplier Goodwin for axial control valves, replacing its historical single source for urgent replacement needs.