Boston-based FMR LLC Snaps Up Major Stake in Carr's Group PLC

An earth-shaking shareholding shakeup has taken place at Carr’s Group PLC. The industrial machinery and logistics firm issued a formal notification revealing a major disruption to its shareholding structure. The party responsible for this upheaval is none other than the Boston-based FMR LLC, a privately held mutual fund firm that now holds a substantial stake in the British company.

Based on the disclosure issued on 25th June 2025 by Carr’s Group, the lion’s share of their voting rights, to the tune of 18.37%, now lies with FMR LLC. This significant percentage includes both direct and indirect voting rights, amounting to a whopping total of 9,486,168 voting rights. It’s worth noting that this stake has seen a significant spike from the previously reported 10.04%.

The recent announcement also provided a detailed breakdown of the exact entities within FMR LLC that hold the voting rights. One key entity is the Fidelity Management & Research Company LLC, which holds an equal voting right percentage as its parent company, FMR LLC.

This major shift in the shareholding structure of Carr’s Group is expected to have notable ramifications for the future of the company. With such a sizeable stake, FMR LLC now wields considerable influence over the UK company’s strategic decisions and future direction. This power shift, combined with FMR LLC’s reputation in astute investment management, could spell interesting times ahead for Carr’s Group PLC.