MS International plc

Name

MS International plc

Legal name

MS INTERNATIONAL plc

Website

https://msiplc.com

Company type

Public

Founded year

1972

Operating status

Operating

Headcount range

251–500 employees

Ownership category

akta.pro rank

Product category

Specialist Engineering and Manufacturing

NAICS

Search, Detection, Navigation, Guidance, Aeronautical, and Nautical System and Instrument Manufacturing (334511), Guided Missile and Space Vehicle Manufacturing (336414), Construction Machinery Manufacturing (333120)

SIC

Ordnance & Accessories, (No Vehicles/Guided Missiles) (3480), Search, Detection, Navagation, Guidance, Aeronautical Sys (3812), Construction, Mining & Materials Handling Machinery & Equip (3530)

akta.pro primary industry

Ordnance Components & Subassemblies (Casings, Liners, Guidance Sections) (IMABAHAL)

akta.pro secondary industry

Off-Highway Vehicle Cabs, Frames & Attachments Manufacturing (Cabs/Booms/Buckets/Implements) (IMACAFAL)

Keywords

• Defence equipment manufacturing
• Steel forgings production
• Forklift fork-arms
• Petrol station superstructures
• Corporate signage wayfinding

Headquarters

HQ city

Doncaster

HQ country

United Kingdom

HQ region

Europe

Offices7 records

Markets served

GTM type

B2B

Offering type

Hardware or Manufacturing

Cost components

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

Revenue model

1. Defence and Security Products: Design, manufacture and service of defence equipment including electro-optical sight systems, weapon systems, and gun mounts for military applications. Revenue generated through product sales and servicing contracts with defence clients.
2. Steel Forgings: Manufacture and sale of fork-arms for material handling equipment industries (forklift, construction, agricultural, quarrying) and open die forgings.
3. Petrol Station Superstructures: Design, manufacture, construction and maintenance of petrol station superstructures and forecourts.
4. Corporate Branding and Signage: Design, restyling, production and installation of signage, wayfinding systems, media facades, public illumination, and creative lighting solutions for energy, automotive, hospitality, airports and corporate markets.

Go-to-market motion2 records

Distribution channels2 records

Marketing channels4 records

Core offering

MS International plc designs, manufactures and services specialist engineering products across three divisions: MSI-Defence Systems (electro-optical sight systems, 30mm gun mounts and weapon systems for military clients), MSI-Forks and MSI-Quality Forgings (fork-arms for forklift/construction/agricultural/quarrying equipment and open die forgings), and the Petrol Station Superstructures and Branding division (Global-MSI for forecourt superstructures, MSI-Sign Group for signage/wayfinding/media facades and Petrol Sign for complete forecourt appearance).

Product overview

MS International plc is a multi-divisional engineering and manufacturing company quoted on the London Stock Exchange AIM market. The company operates through three distinct divisions: Defence and Security (MSI-Defence Systems for defence equipment), Forgings (MSI-Forks and MSI-Quality Forgings for fork-arms and open die forgings), and Petrol Station Superstructures and Branding (Global-MSI for superstructures, MSI-Sign Group for signage and wayfinding, and Petrol Sign for forecourt appearance). Each division holds a leading position in its specialist market.

Differentiator

Problem solved

Functional benefit

Products and services

• MSI-Defence Systems (Electro-Optical Sights, 30mm Gun Mounts and Weapon Systems) Design, manufacture and service of defence equipment including electro-optical sight systems, 30mm gun mounts and weapon systems for military and naval applications. Customers include the US Navy and US Army.
• MSI-Forks (Fork-arms for Forklift Trucks and Heavy Equipment) Manufacture of fork-arms for the forklift truck, construction, agricultural and quarrying equipment industries.
• MSI-Quality Forgings (Open Die Forgings) Manufacture of open die forgings for industrial applications.
• Global-MSI (Petrol Station Superstructures) Design, manufacture and construction of petrol station superstructures for energy retailers and petrol station operators.
• MSI-Sign Group (Signage, Wayfinding, Media Facades and Creative Lighting) Design, restyling, production and installation of signage, wayfinding, media facades, public illumination and creative lighting solutions for energy, automotive, hospitality, airports and corporate markets.
• Petrol Sign (Complete Forecourt Appearance) Design, restyling, production and installation of the complete appearance of petrol station superstructures and forecourts.

Quantifiable outcome

• Net margin of 12.10% and return on equity of 22.79%

Named customers2 records

Segments4 records

Ideal customer profiles4 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature4 records

Partnerships

Five partnerships are on record, tiered core and minor.

• Grant Thornton UK LLPcoreOthersGrant Thornton UK LLP serves as the company's external auditors, providing audit assurance services for the annual external audit of the Group.
• Lloyds BankcoreOthersLloyds Bank serves as primary banker to MS International plc.
• Barclays Bank plcminorOthersBarclays Bank plc serves as secondary banker to MS International plc.
• DLA Piper UK LLPminorOthersDLA Piper UK LLP serves as legal advisors to MS International plc.
• MUFG Corporate MarketscoreOthersMUFG Corporate Markets serves as Registrars and Transfer Office for MS International plc.

Scale indicators9 records

Recent moves7 records

Expansion highlights4 records

Broad incumbents

• Tokheim (Dover Fueling Solutions): Major global supplier of forecourt and energy retail equipment including dispensers, submersible pumps, and station construction solutions. A relevant incumbent peer for MS International's petrol station superstructures and forecourt appearance business.
• Rheinmetall AG: German defence and automotive group, one of the leading European suppliers of large-calibre weapon systems, gun mounts, and ammunition. Overlaps directly with MSI-Defence Systems' 30mm gun mount and weapon system product lines, but at vastly larger scale.
• BAE Systems plc: UK-headquartered global defence prime with broad naval, land, and air platforms. A relevant comparator for MSI's defence customer relationships (US Navy/UK MoD) but operates at a much larger scale across the full defence value chain.
• Babcock International Group: UK defence and nuclear support services group with a naval engineering heritage. Comparable in its UK stock exchange listing, naval customer focus, and engineering-led service and sustainment model that mirrors MSI's defence equipment servicing.

Direct peers

• Cohort plc: UK AIM-listed group of defence and security technology subsidiaries operating in sensors, communications, and electronic systems. Closely comparable to MSI's multi-divisional UK defence mid-cap structure and customer base.
• Chemring Group: UK-listed defence company focused on niche ordnance, countermeasures, and energetic components. Comparable to MS International's defence division in size, AIM-listed profile, and specialist niche positioning in the UK/US defence supply chain.
• Ultra Electronics Holdings: UK defence electronics specialist producing sonar, communications, and specialised naval/aircraft subsystems. Comparable to MSI-Defence Systems in mission-critical defence electronics and naval platform exposure.
• Cascade Corporation: US-listed global leader in forklift attachments, including fork-arms and related components. Directly comparable to MSI-Forks in product, customer base (forklift OEMs), and business model of supplying industrial material-handling equipment manufacturers.
• Gilbarco Veeder-Root: Global supplier of fuel dispensers, payment systems, and forecourt technology for petrol stations. Comparable to Global-MSI/ Petrol Sign in serving the energy retail forecourt build-out and refurbishment market across multiple geographies.
• Bolzoni SpA: Italian manufacturer of forklift attachments, forks, and material handling components. Closely comparable to MSI-Forks and the broader forklift attachment market, with overlapping OEM customer base and similar product portfolio.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat5 records

Key risks6 records

Key highlights6 records

Customer concentration

Revenue estimate

Valuation estimate

Number of profiles

Profiles7 records

Subsidiaries14 records

Funding overview

Funding rounds

Investors

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

M&A1 record

Investments

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

Frequently asked questions about MS International plc