 | |
| Company type | Public |
|---|---|
| LSE: DWL | |
| Industry | Automotive andpowder metallurgy |
| Founded | 2023; 2 years ago (2023) |
| Headquarters | London, England |
Key people | Simon Mackenzie Smith (Chairman) Liam Butterworth (CEO) |
| Revenue |  £4,337 million (2024)[1] |
 £(106) million (2024)[1] | |
| £(168) million (2024)[1] | |
| Website | www |
Dowlais Group plc is a British company operating in theautomotive andpowder metallurgy industries. It is listed on theLondon Stock Exchange and is a constituent of theFTSE 250 Index.[2]
In March 2023,Melrose Industries announced that it would demerge GKN Automotive and GKN Powder Metallurgy fromGKN as Dowlais Group.[3] The name selected, "Dowlais Group", was intended to evoke theDowlais Ironworks where GKN licensed theBessemer process, using it to produce steel, in 1865.[4]
GKN Automotive has its origins in the company, J. W. Garrington, which specialised in forgings; the forgings produced at the GarringtonDarlaston plant, later supplemented by a large plant atBromsgrove, enabled GKN to become a major supplier ofcrankshafts, connecting rods, half-shafts and numerous smaller forged components to the UK auto-industry, which had a period of massive expansion during theinterwar period and beyond.[5] A new plant was established nearWellington, Shropshire, which was devoted to wheel production, and in the 1960s, the company became a manufacturer ofconstant-velocity joints, which are used to transfer the engine's power to the wheels.[5]
GKN Powder Metallurgy has its origins in Hoeganaes Corporation (HC) in North America, which GKN acquired in 1998.[6]
The demerger was completed on 20 April 2023.[7]
On 29 January 2025, it was announced thatAmerican Axle had made an offer worth US$1.4 billion to acquire the company.[8][9][10]