Goodridge was founded by Stuart Goodridge in Totnes, Devon (UK) in 1969. Following his return from a successful racing career in Canada, Stuart began assembling and selling aerospace fluid transfer components to motorsport race teams. The company remained housed in a listed building on Collins Road, Totnes, until 1988 when the company purchased and developed a site on the Exeter Airport Business Park. In the same year, plants were opened in France, Germany, Spain, Holland, Mexico, and two in the USA.
The airport site was developed and repeatedly extended over 28 years, passing the company's 40th anniversary. In 2012, Otter Court was acquired on Marsh Barton Trading Estate, to accommodate plans for vertical integration and focus on delivering cost improvements to the business and customers.
Goodridge was acquired by Rubicon Grovepoint Industries LLP in 2013. With £3m of investment in the company since 2013, in July 2016 Goodridge's UK operations merged at the Dart Building on Exeter Business Park, bringing 148 of the group's 370 global workforce together.