UK Boeing Supplier Doncasters Said to Prepare New York IPO (1)

Doncasters Group, an almost 250-year-old UK metal engineering group that supplies Boeing, is exploring an initial public offering in New York to tap rising investor demand for civil and military aerospace suppliers, according to people familiar with the matter.

The Leeds-based company has invited banks to pitch in the coming weeks to manage the share sale, which would be targeted for 2026, said the people, who asked not to be identified because discussions are private. No final decision has been made.

An IPO would mark a significant turnaround for the group, which completed a debt restructuring in 2020 after ...