EVOLUTION AND GROWTH - mumtalakat.bh · EVOLUTION AND GROWTH As part of its objective to invest in...

mumtalakat.bh McLAREN EVOLUTION AND GROWTH CASE STUDY:

Transcript of EVOLUTION AND GROWTH - mumtalakat.bh · EVOLUTION AND GROWTH As part of its objective to invest in...

Page 1: EVOLUTION AND GROWTH - mumtalakat.bh · EVOLUTION AND GROWTH As part of its objective to invest in commercially attrac-tive opportunities across a variety of sectors and ge-ographies,

mumtalakat.bh

McLARENEVOLUTION AND GROWTH

CASE STUDY:

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McLAREN INVESTMENT

mumtalakat.bh

CASE STUDY: 1

EVOLUTION AND GROWTH

As part of its objective to invest in commercially attrac-tive opportunities across a variety of sectors and ge-ographies, Mumtalakat completed its first international investment in 2007. Acquiring a significant share in the UK-based racing giant, McLaren, Mumtalakat’s com-mitment to growth supported the company, first estab-lished in 1963 by Grand Prix winner and car designer, Bruce McLaren, to expand its activities from its position as one of motorsport’s most successful competitors to an illustrious technology provider and a prestigious supercar manufacturer.

Playing a pivotal and strategic role on the company’s Board, Mumtalakat supported McLaren’s evolution and the development of its recent accomplishments – from the establishment of its commercial automotive arm to the expansion of its technologies division.

Mumtalakat owns

Combined pro-forma annual turnover of

of McLaren Group Limited

in 2016

62.55%

£898 million

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McLAREN INVESTMENT

mumtalakat.bh

CASE STUDY: 2

CREATION OF McLARENAUTOMOTIVE LTD

In addition to injecting long-term capital, Mumtalakat sup-ported McLaren’s entry into road car manufacturing, leading to the growth of the company’s automotive line in 2009. As a result of Mumtalakat’s commitment to the supercar con-cept from its initiation to roll out, the automotive line is now a profitable car manufacturer, having reached a production milestone with its 10,000th car in 2016.

Furthermore, leveraging its regional knowledge and net-works, Mumtalakat supported the implementation of McLar-en’s retail distribution strategy, facilitating the expansion of its dealership base both in the Arabian Gulf and the wider Middle East and North Africa region, leading to the compa-ny’s current international presence with 80 dealerships across 30 markets.

INCREASING CAR PRODUCTION2010-2017

PRODUCTION VOLUME

Consistently profitable since 2013, McLaren Automotive reported revenues of £649.8 million in 2016 and its sales vol-ume near-doubled year-on-year, reaching a total of 3,286 cars in 2016, compared to 1,654 in 2015.

Building on its recent successes, McLaren is looking to invest 20% of its revenues in research and development and plans to launch 15 new models or derivatives by 2022. Targeting annual sales of 4,500 cars by 2022, the company’s ambitious growth plans include the produc-tion of hybrid-powered vehicles.

To find out more, check http://cars.mclaren.com

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McLAREN INVESTMENT

mumtalakat.bh

CASE STUDY: 3

HIGH PERFORMANCE DESIGN:

Creating intelligent solutions through data driven performance assessments, upgrading performance while overcoming design boundaries.

PERFORMANCE MANAGEMENT & CONTROL:

Delivering real time insights on human and machine performance through advanced data analytics.

SIMULATION:

Modelling designs using real-world data, simulations and human insight, enhancing the design process.

EXPANSION OF McLARENAPPLIED TECHNOLOGIES

With the support of Mumtalakat, McLaren Applied Technologies has evolved throughout the years from a motorsport competitor into an innovative technology solutions provider that serves various industries including healthcare, transportation, pharmaceuticals, energy and consumer brands. Through its research and develop-ment and technical expertise, McLaren Applied Technol-ogies addresses the needs and problems of other and sometimes far larger companies.

Enhancing efficiency beyond racing, McLaren Applied Technologies’ expertise delivered innovative solutions to the UK National Air Traffic Control Service (NATS) and Heathrow Airport. Utilising its real-time predictive decision support software platform, Decision Insight, McLaren Applied Technologies created a system that ad-dressed both airline efficiency and pollution. The McLar-en solution allowed airtraffic controllers to optimise the flow of air and ground traffic. In turn, this improved the customer experience as delays were reduced while harmful CO2 emissions were cut substantially.

Furthermore, partnering with leading healthcare experts, McLaren Applied Technologies has leveraged its racing technology solutions to positively impact lives through the development of intelligent medical systems, which both collect personal data in real time while also sug-gesting lifestyle improvements. McLaren Applied Tech-nologies’ wearable technology represents intelligent products for preventative health interventions.

Realising the massive impact its technology has on businesses, McLaren Applied Technologies continues to collect and interpret data through its platforms, gener-ating cutting-edge solutions that upgrade and transform businesses and influence life patterns.

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McLAREN INVESTMENT

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CASE STUDY: 4

REORGANISATION OF CORPORATESTRUCTURE

Most recently, aligned with its focus on efficiency and strong governance, Mumtalakat supported McLaren’s plans to unify its three pillars - racing, automotive and technology businesses to operate under one corporate structure, McLaren Group Limited. Promoting further synergy between the three companies, this reorganisa-tion allows the businesses to benefit from each other’s reach, partners and expertise, embarking on a new phase of growth.

Employing 3,400 employees, primarily at its iconic McLaren Technology Centre in Woking, UK, McLaren Group Limited reported a combined pro-forma annual turnover of £898 million in 2016.

Today, Mumtalakat owns 62.55% of McLaren Group Lim-ited and continues to play a leading role in realising the company’s growth and expansion objectives.

To find out more, check http://www.mclaren.com/tech-nologygroup/