FKI (company)
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| Private | |
| Industry | Engineering |
| Founded | 1920 |
| Headquarters | Loughborough, UK |
| Owner | Melrose |
| Website | www.fki.co.uk |
FKI was a British engineering and manufacturing company headquartered in Loughborough, Leicestershire. For many years listed on the and a constituent of the FTSE 250 Index, it was taken private by buyout firm Melrose in July 2008.
The company was founded in 1920 as a manufacturer of parking meters, trading as Fisher Limited. The name was subsequently changed to Fisher Karpark Industries ('FKI'). In 1987 it merged with Babcock International to form FKI Babcock but then demerged the heavy engineering parts of Babcock again in 1989. The Company was taken private by buyout firm Melrose in July 2008 in a deal worth over £500 million.
FKI plc has a large number of subsidiaries, which it divides into four groups:
The Brush group of companies are incorporated into this section, including Brush Turbogenerators manufacturers of mechanical to electrical generation systems,Brush-Barclay and Brush Traction, both involved in rail locomotive manufacture and repair (on 28 February 2011 Wabtec announced that it had acquired Brush Traction for US$31 million) and Brush Transformers which manufactures electrical transformers and switchgear.
Other companies in this group are FKI switchgear (now renamed Hawker Siddeley Switchgear Ltd.) which incorporates Brush switchgear, Whipp & Bourne and others.
Harrington Generators International (HGI) manufacture generator sets for rail, road, and light commercial and agricultural use, as well as supplying the British Army (MoD) with generators.
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