Hayward Tyler delivers high temperature molten salt pumps to state-of-the-art facility

Hayward Tyler delivers high temperature molten salt pumps to state-of-the-art facility Our subsidiary, Hayward Tyler, recently shipped four high-temperature molten salt pumps destined for a state-of-the-art Integrated Effects Test (IET) facility, under development by Southern Company and TerraPower to advance development of the Molten Chloride Fast Reactor (MCFR) – a transformational, fourth-generation, molten salt nuclear…

Energy Steel Moves to A New Facility

Energy Steel Moves to A New Facility Michigan, USA – Energy Steel has moved into a new facility, which will provide improvements in efficiency and operations. The new location has remained in Michigan not too far from the old facility. Energy Steel will maintain their ASME certifications at the new facility.  The move was completed…

Booth Industries Reincorporates for International Future

Booth Industries Reincorporates for International Future We are pleased to announce that Booth Industries has reincorporated as Booth Industries International Ltd (Booth Industries) and has become a standalone company, independent of its current parent company Stainless Metalcraft, from 1 June 2021. The move follows a remarkable turnaround at Booth Industries that has seen the Nelson-Street…

Hayward Tyler Signs Agreement with Ruhrpumpen to Service Vertical & Industrial Pump Products

Hayward Tyler Signs Agreement with Ruhrpumpen to Service Vertical & Industrial Pump Products Our subsidiary, Hayward Tyler, a global leader in performance-critical pumps and motors for the energy sector, is pleased to announce an agreement with Ruhrpumpen, a leading manufacturer of pump systems around the globe, to better serve customers in the conventional power and…

Disposal of Peter Brotherhood Limited

Disposal of Peter Brotherhood Limited We are pleased to announce that it has completed the sale of Peter Brotherhood Limited (“Peter Brotherhood”) to Howden, a leading global provider of mission critical air and gas handling products, for a total consideration (enterprise value) of £35.0 million (the “Disposal”), which, after adjustment for debt and working capital,…

Hayward Tyler Signs Multiple Agreements with Ruhrpumpen, Expanding Nuclear Capabilities

Hayward Tyler Signs Multiple Agreements with Ruhrpumpen, Expanding Nuclear Capabilities Our subsidiary, Hayward Tyler, a global leader in performance-critical pumps and motors for the energy sector, are pleased to announce two separate agreements with Ruhrpumpen, a leading manufacturer of pump systems around the globe, to better serve the civil nuclear power industry. Under a license…

Completion of Acquisition of Majority Stake in new Medtech Joint Venture

Completion of Acquisition of Majority Stake in New Medtech Joint Venture Further to its announcement on 5 January 2021, Avingtrans is delighted to announce that it has completed the acquisition of a majority stake in Magnetica following approval from Magnetica shareholders earlier today. The combination will see Avingtrans’ two medical equipment businesses, Scientific Magnetics (SciMag)…

Booth Industries secures £2.9m contract extension and begins development of new manufacturing facility

Booth Industries secures £2.9m contract extension and begins development of new manufacturing facility Avingtrans is delighted to announce its subsidiary, Booth Industries (Booth), has secured a contract extension worth £2.9 million with a UK Government agency. The extension is for the supply of doors designed, developed and tested over several decade’s by Booth and demonstrates the…

Acquisition of Majority Stake in new Medtech Joint Venture

Acquisition of Majority Stake in new Medtech Joint Venture Avingtrans are pleased to announce that its two medical equipment businesses, Scientific Magnetics and Tecmag will merge with Magnetica. Magnetica Limited, an Australian medtech and engineering company, specialising in next-generation MRI technologies, plans to merge with Scientific Magnetics – a UK-based business that designs, manufactures, tests…