FKI is a British engineering and manufacturing company headquartered in Loughborough, Leicestershire. For many years listed on the London Stock Exchange and a constituent of the FTSE 250 Index, it was taken private by buyout firm Melrose in July 2008.
History
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[1] but then demerged the heavy engineering parts of Babcock again in 1989.[2] The company was taken private by buyout firm Melrose in July 2008[3] in a deal worth over £500 million.