This feature explores spin-offs or de-mergers, looking at the rationale for them and how they have performed, and asks if they can be a promising hunting ground for investors.One of the UK?s largest recent spin-offs was GSK?s (GSK) demerger of its consumer healthcare division in 2022.GSK reportedly rebuffed a £50 billion offer from personal goods giant Unilever (ULVR) to buy the division, named H

Investors in automotive products maker Dowlais (DWL) were drowning their sorrows as the shares hit their lowest level since the firm spun out of conglomerate Melrose Industries (MRO) last year and listed as a stand-alone entity.The group?s underlying performance for 2023 was steady if not spectacular, helped by a banner year for UK vehicle production with output topping one million units for the f

Sales and margins increasedAuto sector growing stronglyCharge for Powder Metallurgy unitAutomotive products group Dowlais (DWL) posted a steady increase in sales and earnings last year and announced a £50 million share buyback.However, the good news was overshadowed by a large impairment charge for the powder metallurgy business which pushed the group to an operating loss of £450 million.The sha

Full-year guidance upgraded£500 million buyback brought forwardFounders set to leave in 2024A key part of industrial turnaround specialist Melrose Industries' (MRO) mission has been to improve profitability. It is therefore encouraging to both management and shareholders that margin improvements are a driving force behind today's upgrade to guidance.This accompanied a strong set of first half res

Automotive engineer Dowlais (DWL) is poised to announce its maiden results as a public company after its spin-off from industrial turnaround specialist Melrose (MRO) in April 2023.Shareholders will be hoping the first-half numbers on 12 September help provide a boost after a bumpy start to life on the market as an individual entity, the shares falling around 25% from their 143.5ppeak.Five years on

Investec Bank CEO sells shares as he readies for retirementDowlais CEO snaps up shares with a value just under £500,000 Beazley non-executive director sells £60,000 worth of sharesRichard Wainwright, CEO of the banking arm of Anglo-South African wealth management and international banking group Investec (INVP), sold two tranches of shares on the 19 June - 110,144 at 459p worth a total of £505,0

The name Dowlais (DWL) may not mean a huge amount to you but there is a good chance something it has made is sitting on your driveway.An April 2023 spin-out from industrial turnaround specialist Melrose (MRO), Dowlais is effectively the car engineering part of GKN. An institution in the UK industrials and engineering space, GKN was controversially purchased by Melrose for £8 billion in 2018.Melro

- Smith & Nephew director snaps up shares after strong first quarter results- London Stock Exchange director buys more than £1 million worth of shares- Dowlais directors go on a spending spreeRupert Soames, non-executive director medical equipment manufacturer Smith & Nephew (SN.), has snapped up more than £100,000 worth of shares in the wake of its recent first quarter update.On 27 April Soames