Castings PLC (CGS), the UK-based iron casting and machining group focused primarily on the European heavy truck market, has announced the appointment of Simon Bourne as an independent Non-Executive Director, effective 5 November 2026. Bourne is currently Chief Executive Officer of Marshalls plc, the diversified building products manufacturer and sustainable solutions provider. The appointment adds boardroom experience from manufacturing and supply chain sectors, and Bourne will also join the company's audit, remuneration, and nomination committees.

Key Points

  • Castings PLC (CGS) is a leading UK iron casting and machining group supplying European heavy truck OEMs and other industrial markets
  • Simon Bourne, CEO of Marshalls plc, has been appointed as an independent Non-Executive Director with effect from 5 November 2026
  • Bourne will serve on the audit, remuneration, and nomination committees
  • Investors may watch for any further board changes or strategic commentary at the company's next scheduled update

Simon Bourne Joins Castings Board Alongside Continuing Role at Marshalls plc

Simon Bourne brings substantial manufacturing and operational experience to Castings PLC's board. The announcement states he has served as Chief Executive Officer of Marshalls plc, the diversified building products and sustainable solutions company, and joined that business in 2015. Prior to Marshalls, Bourne held senior operational and supply chain roles across multiple sectors. His appointment to all three principal board committees — audit, remuneration, and nomination — indicates a broad governance mandate from the outset, reflecting the company's intention to integrate him fully into its oversight structure from the date his appointment takes effect.

Castings PLC's 80,000-Tonne Foundry Capacity and Long-Term OEM Relationships

Castings PLC operates with gross foundry capacity of 80,000 tonnes per annum and describes itself as highly invested in the latest automation technologies. This infrastructure supports high-mix, low-volume production on a just-in-time basis, targeting competitive efficiency for major original equipment manufacturers. The company holds long-term relationships with leading OEMs in the European heavy truck sector, where vehicle platforms typically remain in production for over ten years. Beyond commercial vehicles, Castings also supplies the wind power, agriculture, rail, and material handling markets, providing some revenue diversification across industrial end-markets.

Listing Rules Compliance and Governance Disclosure for the CGS Board Change

The announcement confirms that no further disclosure is required under paragraph 6.4.8 of the Listing Rules in respect of this board change, indicating the appointment meets standard regulatory requirements without triggering additional mandatory information obligations. The company's joint brokers, Canaccord Genuity Limited and Zeus Capital Limited, are named in the announcement. Castings PLC is based in the UK and supplies both domestic and export markets, with its core strategic focus remaining on its European heavy truck customer base and the multi-sector industrial relationships it has built over the long term.