Avingtrans Acquire Energy Steel
Avingtrans is pleased to announce it acquired US-based Energy Steel & Supply Co. (Energy Steel), an established manufacturer of machined products and components to the civil nuclear power industry, on 24 June 2019 for $1m. Avingtrans’s Hayward Tyler business has over 600 pumps in active service in nuclear applications across the world and this acquisition expands the Company’s nuclear capabilities and product lines for new and existing customers.
Mike Turmelle, Managing Director of the Engineered Pumps and Motor Division, commented:
“Hayward Tyler’s vision, with the support of Avingtrans, is to bring world class products to the markets we are engaged in. The acquisition of Energy Steel is yet another example of us developing this vision as it further expands our nuclear capabilities and product lines for both new and existing clients.”