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Gates Industrial Corporation Ltd. Company Profile

NYSE: GTESIndustrialsIndustrial Machinery/ComponentsUSD

26.74-0.67 (-2.44%)

At close: Oct 8, 4:00 PM ET · Delayed 15 min

Gates Industrial at a glance

Gates Industrial Corporation Ltd. (NYSE: GTES) is a Industrial Machinery/Components company in the Industrials sector headquartered in Denver, CO, United Kingdom. Gates Industrial is led by Mr. Ivo Jurek and employs about 13,000 people. The company's shares have traded publicly since 2018.

At a market capitalization of $6.77 billion, it is considered a mid-cap company. Its SEC Central Index Key (CIK) is 0001718512, which identifies the company's filings on EDGAR.

Summary generated from market data by MetaCap's automated system. Methodology

What does Gates Industrial do?

Gates Industrial Corporation Ltd. manufactures and sells engineered power transmission and fluid power solutions in the United States, rest of North America, South America, the United Kingdom, Luxembourg, rest of Europe, the Middle East, Africa, India, East Asia, and Greater China. It operates through two segments, Power Transmission and Fluid Power. The company offers solutions for stationary and mobile drives, engine systems, and personal mobility application platforms; elastomer drive belts; asynchronous and synchronous belts, including V-belts, transmission belts, and micro-V belts; metal drive components, such as tensioners, idlers, pulleys, sprockets, mechanical water pumps, and other accessories used in belt drive systems; and kits for the automotive replacement channel. It also provides fluid power solutions for stationary and mobile hydraulics, vehicle systems, and other industrial application platforms; hydraulics comprising hoses, tubing, couplings, and fittings, as well as assemblies; thermal and emissions management and related products; and industrial hoses, including data center pumps. The company's products are used in applications across various markets, including diversified industrial applications comprising automated manufacturing, logistics systems, and data centers; consumer applications consisting of printers, power washers, automatic doors, and vacuum cleaners; industrial off-highway, such as construction and agriculture; industrial on-highway commercial vehicles, including heavy-duty trucks and buses; energy and resources markets, such as oil, gas, and mining; and personal mobility, including scooters, motorcycles, bicycles, all-terrain vehicles, and snowmobiles. It sells its products under the Gates brand. The company offers its products to aftermarket channel customers and original equipment manufacturers. Gates Industrial Corporation Ltd. was founded in 1911 and is headquartered in Denver, Colorado.

Business description based on the company's public filings.

Company information

Legal name
Gates Industrial Corporation Ltd.
Ticker
NYSE: GTES
Industry
Industrial Machinery/Components
CEO
Mr. Ivo Jurek
Employees
13,000
Headquarters
1144 Fifteenth Street, Denver, CO, United Kingdom
Phone
303 744 1911
IPO year
2018
SEC CIK
0001718512

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GTES peer companies
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ENSEnerSys179.31-1.74%$6.47Bvs GTES
AAONAAON Inc.85.95-1.35%$7.09Bvs GTES
STSensata Technologies Holding plc42.23-0.33%$6.15Bvs GTES
CAECAE Inc.23.150.00%$7.45Bvs GTES
AGCOAGCO Corporation108.13-0.93%$7.57Bvs GTES
ZWSZurn Elkay Water Solutions Corporation46.24-0.52%$7.67Bvs GTES
PIImpinj Inc.183.45-3.97%$5.61Bvs GTES

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