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 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 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…
Development of PEMD for Nuclear Coolant Systems Avingtrans’ subsidiary, Hayward Tyler, have presented one of the innovative projects aiming to reduce carbon emissions in the transport, energy and industrial sectors and was amongst the companies who shared nearly £6 million in funding. The funding comes from Driving the Electric Revolution, part of the Industrial Strategy…
Booth lands £2.3m contract for Manchester’s new “Factory” arts and cultural venue What a fantastic follow-up to our landmark HS2 success ! Booth Industries are delighted to announce the agreement of a £2.3 Million contract for the design, manufacture and installation of 2 large vertically-sliding power operated acoustic door-sets to the new ‘Factory’ venue in…
Booth Industries secures £36m HS2 contract We are delighted to announce our subsidiary, Booth Industries, has secured a multi-year contract worth £36 million to supply cross passage doors for the HS2 rail link. The doors will provide fire protection between cross passages along Phases 1 and 2a of the HS2 route (London to West Midlands;…
Metalcraft secures funds for new training school Stainless Metalcraft has secured a £3.16 million grant from the Cambridgeshire and Peterborough Combined Authority Local Growth Fund to develop a vocational training school on land owned by the business. The new training school will be located on Metalcraft’s Chatteris site and will provide vocational training for between…
Metalcraft receives Royal seal of approval Stainless Metalcraft (Metalcraft) has been named as a recipient of the Princess Royal Training Award in recognition of its investment in the next generation of engineering talent. It is the second Royal accolade for the Chatteris-based business, which received the Queen’s Awards for Enterprise for Promoting Opportunity in April…
Hayward Tyler Inc Secures Nuclear Contract worth $4.85m Hayward Tyler, Inc. is pleased to announce that it has secured a new nuclear contract worth US $4.85m from our South Korea customer. This contract is to provide critical nuclear safety related spare parts to reactors in South Korea for Essential Service Water pumps. Hayward Tyler has…
Hayward Tyler Fluid Handling secures Sellafield contract Hayward Tyler Fluid Handling, part of Avingtrans PLC, has secured a contract worth an initial £2.5 million, to develop a prototype valve for a nuclear plant operator in the UK. The contract will see the East Kilbride-based business develop the valve to replace legacy components, with a potential…