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Cerberus to acquire Goodwin's engineering division

PRIVATESep 29, 2026

Acquiring Company

Cerberus Capital Management

Acquired Company

Goodwin PLC

New YorkStoke On TrentManufacturing

Description

Cerberus Capital Management is set to acquire Goodwin's mechanical engineering division for GBP1.1 billion. The deal involves a partial acquisition and includes extensive legal and regulatory coordination across jurisdictions. The transaction has strong implications for both firms, focusing on specialized sectors such as aerospace, defense, and power. Legal teams have been engaged to ensure the smooth execution of this significant deal.

Company Information

Company

Cerberus Capital Management

Location

New York, New York, United States

About

Cerberus Capital Management is a global alternative investment firm founded in 1992. It manages approximately $70 billion in assets across credit, real estate, and private equity strategies. The firm focuses on leveraging integrated investment platforms to create long-term value. Cerberus emphasizes a hands-on approach to investment management.

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Frequently asked

Who acquired Goodwin PLC?

Goodwin PLC was acquired by Cerberus Capital Management, based in New York. The deal was reported on September 29, 2026. Cerberus Capital Management is a global alternative investment firm founded in 1992. It manages approximately $70 billion in assets across credit, real estate, and private equity strategies. Cerberus Capital Management is privately held.

When did Cerberus Capital Management acquire Goodwin PLC?

Cerberus Capital Management's acquisition of Goodwin PLC was reported on September 29, 2026. Cerberus Capital Management is set to acquire Goodwin's mechanical engineering division for GBP1.1 billion. The deal involves a partial acquisition and includes extensive legal and regulatory coordination across jurisdictions. Fundz records the date the transaction was first publicly reported, sourced from filings and company announcements.

What does Goodwin PLC do?

Goodwin PLC is a mechanical and refractory engineering company. It is engaged in manufacturing components for nuclear submarines and other defense contracts. The company is currently reviewing the sale of a significant part of its division. It is privately held, operating in Manufacturing, and is based in Stoke On Trent.

This company was part of an acquisition. Fundz tracks who bought whom, and who to call on both sides.

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Fundz is a real-time business intelligence platform powered by agentic AI that proactively delivers personalized daily signals, including funding rounds, executive changes, M&A activity, 13F institutional filings, SEC 8-K events, investor activity, and website modifications, based on each user's watchlist and ICP. A trusted data source at firms such as BlackRock, Oracle, Kleiner Perkins, LinkedIn, HubSpot, and Cloudflare, Fundz democratizes the institutional-grade intelligence that previously required a PitchBook or Bloomberg terminal. Features include FundzWatch™ for automated website change detection, Daily Briefing for AI-powered daily briefings, and unified cross-signal alerts across 281,000+ organizations. Developers and data teams can access these signals programmatically via the Fundz Funding Data API, with transparent published pricing.