Goodwin
Goodwin PLC is a UK-listed, family-controlled heavy engineering group founded in 1883, operating through Mechanical Engineering (valves, mining pumps, radar, aerospace components) and Refractory Engineering (casting plasters, vermiculite, fire protection) divisions serving defence, nuclear, petrochemical, mining, jewellery, and industrial customers across more than ten countries.
- Company typePublic
- Founded1883
- HeadquartersStoke-on-trent, United Kingdom
- Headcount1,001–5,000
- GTM typeB2B
- OfferingHardware or Manufacturing
What Goodwin does
Goodwin PLC is a UK-listed, family-controlled heavy engineering group founded in 1883 and headquartered in Stoke-on-Trent, operating through two core divisions: a Mechanical Engineering division that designs and manufactures high-technology metallic, composite, and electronic products (including dual plate check valves, axial control and isolation valves, submersible mining pumps, air-traffic-control ground movement and surveillance radar systems via subsidiary Easat, and AS9100-accredited CNC aerospace components) and a Refractory Engineering division that supplies formulated mineral-based products (investment casting plasters — including the world's first patented silica-free formulation — injection waxes, molding rubbers, cristobalite, vermiculite dispersions, fire stopping mortars, and a patented lithium-battery fire extinguishing agent).
The company monetises through direct B2B sales of engineered hardware and consumables on a quote-based, multi-year contract model to defence contractors (naval propulsion, submarines, surveillance), nuclear operators (e.g., Sellafield waste storage), petrochemical and LNG infrastructure operators, mining majors, civil aviation authorities, jewellery manufacturers, and automotive mould producers. Pricing is custom and not publicly disclosed; growth is anchored by a firm orderbook of £288 million as of February 2026, free cash flow of £86 million, FY2026 pre-tax profit guidance above £71 million (roughly 100% year-on-year growth), and a 27.5% revenue growth rate. Manufacturing is distributed across the UK, China, Thailand, and India, with additional sales/service offices in Australia, South Africa, Brazil, Indonesia, and several other jurisdictions, giving the group both low-cost scale and proximity to mining and infrastructure customers in the southern hemisphere.
Goodwin firmographics
Firmographics- Name
- Goodwin
- Legal name
- Goodwin PLC
- Website
- https://goodwin.co.uk
- Company type
- Public
- Founded year
- 1883
- Operating status
- Operating
- Headcount range
- 1,001–5,000 employees
- Short description
- Goodwin PLC is a UK-listed, family-controlled heavy engineering group founded in 1883, operating through Mechanical Engineering (valves, mining pumps, radar, aerospace components) and Refractory Engineering (casting plasters, vermiculite, fire protection) divisions serving defence, nuclear, petrochemical, mining, jewellery, and industrial customers across more than ten countries.
- Ownership category
- akta.pro rank
Where Goodwin is headquartered
LocationHeadquarters
- HQ city
- Stoke-on-trent
- HQ country
- United Kingdom
- HQ region
- Europe
Offices11 records
Markets served
Goodwin business model
Business model- GTM type
- B2B
- Offering type
- Hardware or Manufacturing
- Cost components
- Personnel, Operations, Supply Chain, Technology or R&D, Infrastructure, Marketing or Sales
Revenue model
- Mechanical Engineering Products: Design, manufacture and supply of high-technology metallic, composite and electronic products to defense, surveillance, aerospace, mining and oil, gas, water and power generation industries. Includes dual plate check valves, submersible pumps, radar systems and valves.
- Refractory Engineering Products: Formulated mineral-based products and processed minerals including investment casting plasters, injection waxes, molding rubbers, vermiculite and perlite for jewellery, aerospace, automotive, horticultural and fire protection industries.
- Global Manufacturing Network Revenue: Strategically located global manufacturing operations in the UK, China, Thailand and India enable local manufacturing of quality products at competitive prices with short lead times and high levels of customer-facing technical support.
Pricing tiers
| Model | Billing | Price |
|---|---|---|
| Other | Multi-year contract | B2B industrial machinery with custom quote-based pricing |
Go-to-market motion2 records
Distribution channels3 records
Marketing channels5 records
Goodwin product offering
Product offeringCore offering
Goodwin PLC designs, manufactures and supplies specialized industrial products through two divisions: the Mechanical Engineering Division produces high-technology metallic, composite and electronic products including dual plate check valves, axial control valves, submersible pumps, air traffic control radar systems and CNC machined aerospace components; the Refractory Engineering Division produces formulated mineral-based products including investment casting plasters, injection waxes, molding rubbers, cristobalite, vermiculite dispersions and patented lithium battery fire extinguishing agents.
Product overview
Goodwin PLC is a group of established mechanical and refractory engineering companies offering a diversified portfolio of specialized products. The company operates through two core divisions: the Mechanical Engineering Division (designing and manufacturing high-technology metallic, composite, and electronic products including dual plate check valves, axial control valves, submersible pumps, air traffic control radar systems, and CNC machined components) and the Refractory Engineering Division (supplying formulated mineral-based products including investment casting plasters, injection waxes, molding rubbers, cristobalite, and vermiculite dispersions). The portfolio also includes fire protection products such as patented lithium battery fire extinguishing agents, fire stopping mortars, and specialized construction systems. Manufacturing operations span over ten countries worldwide, enabling local market growth and rapid product market entry.
Differentiator
Problem solved
Functional benefit
Brands
- DUVELCO: Trade mark owned by Duvelco Limited, licensed by Goodwin PLC. Registered in UK, Australia, China, EU, India, Indonesia, Israel, Japan, Malaysia, Mexico, and Republic of Korea.
- DUCOYA
Products and services
- Dual Plate Check Valves
Quantifiable outcome
- 27.5% revenue growth
- +3 more outcomes
Companies that use Goodwin
Customer profileNamed customers8 records
Segments6 records
Ideal customer profiles5 records
Goodwin technology and API
TechnologyTechnology focussed Yes
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
Feature7 records
Goodwin partnerships and signals
Strategic signalPartnerships
One partnership is on record.
- Gainwell Group - InfraServe Global (ISG)coreGoodwin operates as one of the global OEM partners supplying equipment to Gainwell Group's InfraServe Global (ISG) entity in India. ISG manufactures construction equipment including asphalt and concrete batching plants, road maintenance equipment, crushing and screening solutions, and hydraulic attachments from its facility in Talegaon near Pune. The partnership positions Goodwin to serve India's rapidly expanding infrastructure sector backed by record government capital expenditure.
Scale indicators12 records
Recent moves6 records
Expansion highlights5 records
Goodwin competitors and assessment
Company assessmentDirect peers
- Rotork: UK-listed global leader in flow control, actuators, and valve gear for oil & gas, water, power, and industrial markets. Direct peer to Goodwin's mechanical engineering valve portfolio (dual plate check valves, axial valves) serving similar petrochemical, LNG, and power generation customers.
- Sulzer: Swiss-listed industrial engineering company specializing in pumps, rotating equipment, and separation technology for oil & gas, power, water, and industrial customers. Direct peer to Goodwin's pump and mechanical engineering divisions with similar end-market focus.
- Weir Group: UK-listed engineering company focused on mining and infrastructure markets, with strong positions in slurry pumps, dewatering, and mineral processing. Direct peer to Goodwin's submersible mining pump business serving the same mining customer base globally.
- Flowserve Corporation: US-listed global provider of industrial pumps, valves, seals, and automation services for oil & gas, power, chemical, and water markets. Direct peer across Goodwin's dual plate check valves, axial valves, and submersible pumps portfolio.
- IMI plc: UK-listed specialist engineering group focused on flow control, actuation, and fluid technology serving industrial process customers. Direct peer to Goodwin's valve and pumps business with overlapping oil & gas, petrochemical, and water end markets.
- KSB SE & Co. KGaA: German global manufacturer of pumps, valves, and related systems serving building services, water, energy, mining, and process industries. Direct peer across Goodwin's industrial pumps and valves business with overlapping end customers.
- Velan Inc. Canadian-listed manufacturer of industrial valves serving oil & gas, power, chemical, and pulp & paper markets. Direct peer to Goodwin's premium valve portfolio with comparable customer base and product positioning.
Broad incumbents
- Babcock International: UK-listed large engineering services company serving defense, nuclear, and marine markets with broader portfolio including shipbuilding, support services, and nuclear facility management. Broad incumbent peer to Goodwin's defense and nuclear engineering business with overlapping customer relationships like Sellafield-equivalent UK programs.
- Crane Co. US-listed diversified industrial manufacturer of engineered products including process flow control, aerospace & electronics, and engineered materials. Broad incumbent peer across multiple Goodwin segments including valves and engineered materials for industrial customers.
Emerging players
- Chemring Group: UK-listed defense and security company focused on countermeasures, sensors, and information security. Emerging player peer with overlap to Goodwin's Easat radar subsidiary serving defense and border security customers with surveillance technology.
Market position
Strengths5 records
Weaknesses5 records
Competitive moat5 records
Key risks6 records
Key highlights7 records
Customer concentration
Goodwin social profiles
Digital presenceGoodwin financial estimates
Financial estimateRevenue estimate
Valuation estimate
Goodwin leadership team
Management profileNumber of profiles
Profiles10 records
Goodwin subsidiaries and ownership
Company hierarchySubsidiaries6 records
Goodwin funding detail
Funding detailFunding overview
Funding rounds
Investors
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
Goodwin M&A and investment
M&A and investmentM&A4 records
Investments
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about Goodwin
What does Goodwin do?
Goodwin PLC designs, manufactures and supplies specialized industrial products through two divisions: the Mechanical Engineering Division produces high-technology metallic, composite and electronic products including dual plate check valves, axial control valves, submersible pumps, air traffic control radar systems and CNC machined aerospace components; the Refractory Engineering Division produces formulated mineral-based products including investment casting plasters, injection waxes, molding rubbers, cristobalite, vermiculite dispersions and patented lithium battery fire extinguishing agents.
Is Goodwin a public or private company?
Goodwin is a public company. It is classified as public and is currently operating.
When was Goodwin founded?
Goodwin was founded in 1883. It employs 1,001 to 5,000 people.
Where is Goodwin based?
Goodwin is headquartered in Stoke-on-trent, United Kingdom, in the Europe region.
How does Goodwin make money?
Three revenue lines are on record. Mechanical Engineering Products are the primary driver. The others are refractory Engineering Products and global Manufacturing Network Revenue.
Who are Goodwin's main competitors?
Direct peers on record are Rotork, Sulzer, Weir Group, Flowserve Corporation, IMI plc, KSB SE & Co. KGaA and Velan Inc.. Broad incumbents are Babcock International and Crane Co.. Chemring Group is listed as an emerging player.
Does Goodwin have an API?
No public API is recorded for Goodwin.