Changes in the Group

Changes in the composition of the Group

Results for the year contain a full 12 month contribution from the 2006 acquisitions of Hytecomp AB (June), Rockford Powertrain Inc (August) and Liuzhou Steel Rim Factory (November), all for OffHighway, and Stellex Aerostructures (September) for Aerospace.

At the beginning of March 2006 the Group ceased its involvement in the management of Fujiwa Machinery Industry (Kunschan) Company Ltd (Fujiwa), a non-core subsidiary of GKN Driveline Torque Technology KK and effectively disposed of its 60% shareholding from that date.

On 29 June 2007, Aerospace acquired the Teleflex Aerospace Manufacturing Group of Teleflex Inc for £68 million.