GTES

Gates Industrial Corporation plc manufactures and distributes mission-critical power transmission and fluid power solutions for diverse industrial and automotive applications. Headquartered in Denver, Colorado, the company operates through two primary segments: Power Transmission and Fluid Power. The Power Transmission segment produces belts, hoses, and related components used in automotive, industrial, and agricultural equipment, while the Fluid Power segment offers hydraulic and industrial hoses, tubing, and couplings for mobile and stationary equipment. Gates serves customers across more than 100 countries through approximately 30 manufacturing facilities and an extensive distribution network. The company employs roughly 15,000 people worldwide and generates annual revenues exceeding $3 billion. Gates holds a leading position in the power transmission and fluid transfer markets, serving first-fit original equipment manufacturers and the replacement channel across automotive, oil and gas, mining, agriculture, and general industrial end markets. The company traces its origins to 1911 and operates as a publicly traded entity following its 2018 initial public offering, though Blackstone retains a significant ownership stake. Gates focuses on innovation in polymer chemistry and engineering, investing continuously in research and development to enhance product performance, durability, and efficiency for demanding applications.