Acquisition of Tecmag

Acquisition of Tecmag Avingtrans is pleased to announce the acquisition of 100% of the issued share capital of Tecmag, Inc of Texas USA for a total consideration of $243k, including the assumption of Tecmag’s debt. Tecmag, based in Houston, Texas, USA, with 11 members of staff, was formed in 1983 by its founder John Delayre.…