Appointment of John Clarke as Non-Executive Director Avingtrans is delighted to announce the appointment of John Clarke as a Non-Executive Director with immediate effect. John Clarke served as both the Chief Executive Officer and Accounting Officer to Parliament of the Nuclear Decommissioning Authority (“NDA”) from 2012 to 2017, responsible for managing the decommissioning and operational…
Avingtrans is pleased to announce that Hayward Tyler (“HT”) has won a US$6.7 million contract from Korea Hydro & Nuclear Power (“KHNP”), a subsidiary of the Korea Electric Power Corporation (“KEPCO”). Hayward Tyler has been an original equipment supplier of pumps and spare parts to KHNP for over 40 years. This latest order, for spare…
Maloney Metalcraft acquires Ormandy Group assets Maloney Metalcraft has purchased certain of the intellectual property (IP) and other assets from the Ormandy Group from Administrators KPMG and will integrate them within its business. Maloney Metalcraft’s parent business, Avingtrans PLC, has developed a reputation for turning around the fortunes of underperforming businesses in highly-regulated, engineering niche…
Scientific Magnetics launches European Nuclear Magnetic Resonance (NMR) service offering with MR Resources, USA MR Resources Inc. and Scientific Magnetics Ltd. are delighted to announce the formation of a pan-European partnership, to bring NMR system support, servicing and service contracts to European NMR users. MR Resources Inc, based in Fitchburg, Massachusetts, is a leading independent…
Completion of Acquisition of Hayward Tyler Group plc Admission of the Enlarged Share Capital to trading on AIM Avingtrans plc is pleased to announce the completion of the acquisition of Hayward Tyler Group plc (HTG) and the admission of the enlarged share capital to trading on the AIM market of the London Stock Exchange today…
Contract renewal with Cummins Stainless Metalcraft (Chatteris) Ltd. (Metalcraft), has secured a framework contract for the Group’s Energy Division with Cummins Inc., a producer of diesel and alternative fuel engines and electrical generator sets, worth an additional £3.6 million in revenue to Metalcraft over 3 years. Building on Metalcraft’s longstanding relationship with Cummins, this framework…
Metalcraft secures contract extension with Sellafield Stainless Metalcraft (Chatteris) Ltd. (Metalcraft), part of the Group’s Energy and Medical division, has secured an additional contract option with Sellafield Ltd. The contract is worth an additional £11 million in revenue to Metalcraft, the majority of which is expected to be spread equally over the three years to…