Avingtrans has acquired the trade and certain assets of Booth Industries for £1.8m from the administrators for Redhall Group. Booth designs and manufactures performance certified steel doors for applications such as blast and fire protection, for markets including rail, nuclear and oil & gas. The acquisition brings complementary new expertise to Avingtrans, along with end market and customer overlap, and will be integrated into Avingtrans’ Process Solutions and Rotating Equipment (PSRE) division ....

11 Jun 2019
Bolt-on acquisition of Booth Industries

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Bolt-on acquisition of Booth Industries
Avingtrans plc (AVG:LON) | 490 0 0.0% | Mkt Cap: 162.3m
- Published:
11 Jun 2019 -
Author:
Singer CM Team -
Pages:
3 -
Avingtrans has acquired the trade and certain assets of Booth Industries for £1.8m from the administrators for Redhall Group. Booth designs and manufactures performance certified steel doors for applications such as blast and fire protection, for markets including rail, nuclear and oil & gas. The acquisition brings complementary new expertise to Avingtrans, along with end market and customer overlap, and will be integrated into Avingtrans’ Process Solutions and Rotating Equipment (PSRE) division ....