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
Sign up to access
Get access to our full offering from over 30 providers
Get access to our full offering from over 30 providers
Bolt-on acquisition of Booth Industries
Avingtrans plc (AVG:LON) | 405 20.3 1.3% | Mkt Cap: 134.0m
- Published:
11 Jun 2019 -
Author:
Jo Reedman -
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 ....