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What smart money is saying about Goodwin PLCUnited Kingdom flag

GDWN.L · Industrials · Specialty Industrial Machinery

1 fund in our archive has pitched Goodwin PLC, most recently Castañar IF, FI in September 2026.

Company profile

Goodwin PLC, together with its subsidiaries, provides refractory engineering and technological solutions in the United Kingdom, rest of Europe, the United States, the Pacific Basin, and internationally. It designs, manufactures, and sells investment casting powders, injection moulding rubbers, and waxes for jewelry casting, tire mould, and aerospace industries. The company also produces exfoliated vermiculite that is used in insulation, brake linings, and fire protection products, including technical textiles; manufactures cristobalite and ground silica, as well as various grades of perlite and a range of biodegradable bags for use inside traditional hessian/jute bags for the placement of concrete and other materials in or around rivers; sells consumable refractories to the shell molding casting industry; and designs, patents, and sells fire extinguishers. In addition, it manufactures and sells polyimide resins; and provides internet services. The company was founded in 1883 and is headquartered in Stoke-On-Trent, the United Kingdom.

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Fund coverage · 1 thesis

  • Castañar IF, FI
    September 2026

    Goodwin PLC is selling its mechanical division to Cerberus for about 1,100 million pounds, roughly equal to its entire enterprise value, so the remaining refractories and fire businesses generating 13.8 million of EBITDA come almost free, backed by a controlling family that will return the cash to all shareholders.

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