People familiar with the matter revealed that Cerberus, founded by US Deputy Secretary of Defense Feinberg, is about to acquire Goodwin's defense business and is expected to finalize the deal within a few days. People familiar with the matter added that the business segment was valued at around £1 billion in this deal, but at the same time reminded that negotiations are still variable and that the deal has not yet been finalized. This transaction is part of Goodwin's strategic evaluation work. The company plans to sell core assets in the mechanical engineering sector, which includes various business assets such as Goodwin Steel, Goodwin International, Noreva, ISAT, and the pump industry.

People familiar with the matter revealed that Cerberus, founded by US Deputy Secretary of Defense Feinberg, is about to acquire Goodwin's defense business and is expected to finalize the deal within a few days. People familiar with the matter added that the business segment was valued at around £1 billion in this deal, but at the same time reminded that negotiations are still variable and that the deal has not yet been finalized. This transaction is part of Goodwin's strategic evaluation work. The company plans to sell core assets in the mechanical engineering sector, which includes various business assets such as Goodwin Steel, Goodwin International, Noreva, ISAT, and the pump industry.