About GKN Driveline
GKN Driveline is a Transportation, Automotive & Logistics company based in Redditch (United Kingdom) founded in 1759, and was acquired by Melrose in March 2018. Automotive and aerospace components are manufactured by GKN Driveline. The company has 58,000 employees. GKN Driveline has completed 5 acquisitions, including Fokker Technologies, Stellex Aerostructures and Stromag. Its chief executive, as recorded, is Phil Swash. Its website gkn.com draws about 35 thousand monthly visits. GKN Driveline offers products and services including GKN Aerospace, GKN Automotive, and GKN Powder Metallurgy. Its focus areas include Auto, Auto Components and Multi Category. Its legal entity is GKN LIMITED.
Company details
GKN Driveline was founded in 1759 and is headquartered in Redditch, United Kingdom. Operations focus on the automotive and aerospace sectors, where a variety of components are produced, including modular eDrive systems, hybrid transmissions, sideshafts, propshafts, airframe and engine structures, landing gear, electrical interconnection systems, and transparencies. Aftermarket services are also provided to support these industries globally.
- Annual Revenue$12.46 B (USD)10as on Dec 31, 2017
- Net Profit-$79.61 M (USD)-220as on Dec 31, 2023
- EBITDA-$159.22 M (USD)-220as on Dec 31, 2023
- InvestorsBank of America
& 1 more
- Employee Count58,000
- Investments & AcquisitionsFokker Technologies
& 4 more
- Acquired byMelrose
(Mar 2018)
Products & Services of GKN Driveline
GKN Driveline offers a comprehensive portfolio of products and services, including GKN Aerospace, GKN Automotive, and GKN Powder Metallurgy.
Delivers advanced technologies for aircraft and engines worldwide.
Provides solutions for sustainable vehicle development and manufacturing.
Offers high-tech materials for engineering applications in various industries.
Funding Insights of GKN Driveline
- Total Rounds 1
- Investors Count 1
All 1 funding rounds of GKN Driveline with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jan 2018 | Post-IPO | – | – |
2 investors in total: 2 institutional.
Investors in GKN Driveline
GKN Driveline has secured backing from 2 investors, including institutional investors. Prominent investors backing the company include Bank of America and Melrose.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Commercial banking and asset management services are offered worldwide. | 1904 | bankofamerica.com | Charlotte, United States | |
Electricity-generating equipment is manufactured for power and industrial sectors. | 2003 | melroseplc.net | London, United Kingdom |
Investor details for GKN Driveline
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People of GKN Driveline
2 people are tracked at GKN Driveline (2 in leadership); the tracked headcount is 58,000.
| Name | Role | Group |
|---|---|---|
Phil Swash | CEO | Leadership |
Peter Molgg | CEO | Leadership |
Complete people profiles for GKN Driveline
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Investments & Acquisitions by GKN Driveline
GKN Driveline has strategically engaged in corporate development activities, having acquired 5 companies. Notable acquisitions include Fokker Technologies, Stellex Aerostructures and Stromag.
| Company Name | Description | Domain | Location | Founded | Acquired | Amount |
|---|---|---|---|---|---|---|
Structures, landing gear, and electrical systems are designed and developed. | fokker.com | Papendrecht, Netherlands | 1919 | Jul 2015 | $779.98M | |
Limited information available | williamshybridpower.com | Wantage, United Kingdom | 2008 | Apr 2014 | $13.34M | |
Developer and producer of components for aircraft engines and space propulsion systems | volvoaero.com | Trollhattan, Sweden | 1930 | Oct 2012 | $813.68M | |
Clutches, brakes, and automotive spare parts are manufactured. | stromag.com | Unna, Germany | 1932 | Jul 2011 | •••• | |
Provider of watch reselling services | stellex.com | Hunterdon, United States | 2015 | Sep 2006 | $130.88M |
Complete acquisition details for GKN Driveline
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Timeline of GKN Driveline
7 dated milestones of GKN Driveline across 12 years, from founding to its latest funding, stage changes and deals.
- Acquisition Acquires Stellex Aerostructures.
- Acquisition Acquires Stromag.
- Acquisition Acquires Volvo Aero.
- Acquisition Acquires Williams Hybrid Power.
- Acquisition Acquires Fokker Technologies.
- Funding First funding round.
- Exit Acquired by Melrose.
Web traffic of GKN Driveline
The website of GKN Driveline (gkn.com) receives about 35.5K visits a month.
- Monthly visits35.5K
▲ 38.4% vs previous month
Websites whose visitors overlap most with GKN Driveline. Affinity shows how closely the audiences match.
| Website | Domain | Audience affinity | Monthly visits | Global rank | Profile |
|---|---|---|---|---|---|
en.wikipedia.org | en.wikipedia.org | 100% | – | ||
gknservice.com | gknservice.com | 100% | – | ||
| abf.co.uk | 69% | 31.8K | #992,181 | View details |
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Frequently Asked Questions about GKN Driveline
GKN Driveline was founded in 1759 and raised its 1st funding round 259 years after it was founded.
GKN Driveline is headquartered in Redditch, United Kingdom. It is registered at Redditch, Worcestershire, United Kingdom.
Phil Swash is the CEO of GKN Driveline, as recorded in our data.
GKN Driveline has 58,000 employees.
Annual revenue of GKN Driveline is $12.46B as on Dec 31, 2017.
GKN Driveline was founded in 1759 and is headquartered in Redditch, United Kingdom. Operations focus on the automotive and aerospace sectors, where a variety of components are produced, including modular eDrive systems, hybrid transmissions, sideshafts, propshafts, airframe and engine structures, landing gear, electrical interconnection systems, and transparencies. Aftermarket services are also provided to support these industries globally.
GKN Driveline offers GKN Aerospace, GKN Automotive, and GKN Powder Metallurgy.
GKN Driveline has made 5 acquisitions, including Fokker Technologies, Stellex Aerostructures, and Stromag.
GKN Driveline has 2 investors. Key investors include Bank of America, and Melrose.
GKN Driveline operates through Gkn Limited.
Yes. GKN Driveline was acquired by Melrose in March 2018.