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.…

Ewan Lloyd-Baker to leave Avingtrans

Ewan Lloyd-Baker to leave Avingtrans Avingtrans announces that Ewan Lloyd-Baker, Non-Executive Director, has tendered his resignation and will leave the Group with effect from 30 November 2018. Ewan became a Non-Executive Director following the acquisition of the Hayward Tyler Group by Avingtrans in September 2017. Having overseen the successful handover he now wishes to pursue…