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Mclaren EVOLUTION and GROWTH

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Mclaren EVOLUTION and GROWTH CASE STUDY: McLAREN EVOLUTION AND GROWTH mumtalakat.bh CASE STUDY: 1 McLAREN INVESTMENT 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 Mumtalakat owns 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, of62.55% McLaren Group Limited 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 Combined pro-forma annual turnover of supercar manufacturer. Playing a pivotal and strategic role on the company’s £898 million Board, Mumtalakat supported McLaren’s evolution and in 2016 the development of its recent accomplishments – from the establishment of its commercial automotive arm to the expansion of its technologies division. mumtalakat.bh CASE STUDY: 2 McLAREN INVESTMENT CREATION OF McLAREN AUTOMOTIVE LTD In addition to injecting long-term capital, Mumtalakat sup- Consistently profitable since 2013, McLaren Automotive ported McLaren’s entry into road car manufacturing, leading reported revenues of £649.8 million in 2016 and its sales vol- to the growth of the company’s automotive line in 2009. As ume near-doubled year-on-year, reaching a total of 3,286 cars a result of Mumtalakat’s commitment to the supercar con- in 2016, compared to 1,654 in 2015. cept from its initiation to roll out, the automotive line is now a profitable car manufacturer, having reached a production Building on its recent successes, McLaren is looking to milestone with its 10,000th car in 2016. invest 20% of its revenues in research and development and plans to launch 15 new models or derivatives by Furthermore, leveraging its regional knowledge and net- 2022. Targeting annual sales of 4,500 cars by 2022, the works, Mumtalakat supported the implementation of McLar- company’s ambitious growth plans include the produc- en’s retail distribution strategy, facilitating the expansion of tion of hybrid-powered vehicles. its dealership base both in the Arabian Gulf and the wider Middle East and North Africa region, leading to the compa- To find out more, check http://cars.mclaren.com ny’s current international presence with 80 dealerships across 30 markets. 2010-2017 INCREASING CAR PRODUCTION PRODUCTION VOLUME mumtalakat.bh CASE STUDY: 3 McLAREN INVESTMENT EXPANSION OF McLAREN APPLIED 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- HIGH PERFORMANCE DESIGN: 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 Creating intelligent solutions through data driven harmful CO2 emissions were cut substantially. performance assessments, upgrading performance while overcoming design boundaries. Furthermore, partnering with leading healthcare experts, McLaren Applied Technologies has leveraged its racing PERFORMANCE MANAGEMENT & CONTROL: technology solutions to positively impact lives through the development of intelligent medical systems, which Delivering real time insights on human and machine both collect personal data in real time while also sug- performance through advanced data analytics. gesting lifestyle improvements. McLaren Applied Tech- nologies’ wearable technology represents intelligent SIMULATION: products for preventative health interventions. Realising the massive impact its technology has on Modelling designs using real-world data, businesses, McLaren Applied Technologies continues to simulations and human insight, enhancing the collect and interpret data through its platforms, gener- design process. ating cutting-edge solutions that upgrade and transform businesses and influence life patterns. mumtalakat.bh CASE STUDY: 4 McLAREN INVESTMENT REORGANISATION OF CORPORATE STRUCTURE 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/ mumtalakat.bh.
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