Avingtrans has announced that its two medical businesses – Scientific Magnetics and Tecmag – are to merge with Magnetica Limited, an Australian medtech and engineering business specialising in next generation MRI technologies. The transaction, which is subject to Magnetica shareholder approval at a General Meeting on 29th January 2021, supports Avingtrans’ ambitions to become a leading systems integrator for small scale, cryogen free MRI in a variety of niche markets. There is a substantial mark ....
