![Image courtesy Rolls-Royce](https://iims-media-library.s3.eu-west-2.amazonaws.com/wp-content/uploads/2018/01/12145623/Rolls-Royce-002-300x160.jpg)
Rolls-Royce has announced it is considering the sale of its loss-making commercial marine business, on the context of embarking on simplifying its complex business simplification of business. This may result in a reduction from five operating businesses to three core units based around Civil Aerospace, Defence and Power Systems.
As part of this exercise, the company plans to consolidate Naval Marine and Nuclear Submarines operations within the existing Defence business, and Civil Nuclear operations within the Power Systems business, to facilitate a more fundamental restructuring of support and management functions in particular.
“Building on our actions over the past two years, this further simplification of our business means Continue reading “Rolls-Royce has announced a strategic review of its marine business”