Goodwin

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.

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

Headquarters

HQ city

Stoke-on-trent

HQ country

United Kingdom

HQ region

Europe

Offices11 records

Markets served

GTM type

B2B

Offering type

Hardware or Manufacturing

Cost components

Personnel, Operations, Supply Chain, Technology or R&D, Infrastructure, Marketing or Sales

Revenue model

1. 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.
2. 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.
3. 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

Go-to-market motion2 records

Distribution channels3 records

Marketing channels5 records

Core 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

Named customers8 records

Segments6 records

Ideal customer profiles5 records

Technology focussed Yes

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature7 records

Partnerships

One partnership is on record.

• Gainwell Group - InfraServe Global (ISG)coreChannel Partner/ Reseller/ Distributor · 7 May 2026Goodwin 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

Direct 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

• LinkedInlinkedin.com/company/goodwin-plc

Revenue estimate

Valuation estimate

Number of profiles

Profiles10 records

Subsidiaries6 records

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A4 records

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Goodwin