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LSE:MRO OTC:MLSPF

Melrose Industries PLC

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Market:
LSE
Price
672.60 GBX
Day Change
0.30%
Market Cap:
£8.63 b
52 weeks high
677.40
52 weeks low
350.65

In brief

Melrose Industries PLC buys good manufacturing businesses with strong fundamentals whose performance can be improved.

The company finances its acquisitions using a low level of leverage, improves the businesses by a mixture of significant investment and changed management focus, sells them and returns the proceeds to shareholders.