The Industrial Components and Systems division comprises businesses identified for disposal during the strategy review. Whilst these businesses have strong positions and good customer offerings, they fall outside the scope of the new Group strategy. These businesses will continue to be managed to maintain focus on operational excellence and performance to ensure that shareholder value is protected in the process of disposal.

The division comprises four main product groups:

REXNORD
Rexnord provides power transmission components, drives and conveying equipment for process industries worldwide. The business' strengths include its broad product range, large installed base with potential for replacement business and excellent distribution presence, particularly in the US.

FASCO MOTORS
Fasco Motors provides fractional motors, blowers and gear motors used in a wide range of industrial, residential equipment and automotive applications.

SENSOR SYSTEMS
Sensor Systems supplies electromechanical and electronic products for sensing temperature, pressure, speed and position to customers in sectors ranging from automotive to medical equipment.

DRIVE SYSTEMS
Drive Systems supplies electronic AC/DC drives, servo motors and complete drive systems. The business has a record of rapid product innovation, offering the highest standards of control and reliability to customers in a range of industries around the world.