Engineering group completes £50m reverse takeover
Engineering group Avingtrans has completed a £50m acquisition deal part-advised out of Birmingham.
The group, which has several operations in the West Midlands, has completed the reverse takeover of Hayward Tyler Group in an all share deal.
The acquisition creates a global business with more than 750 employees and revenues of around £90m per annum, servicing the energy, medical and Big Science industries.
Ewan Lloyd-Baker, chief executive of Hayward Tyler Group has stepped down from his role following the acquisition, but w... You can carry on reading TheBusinessDesk.com for free, but you have reached the maximum number of pages an unregistered user can view. To register for an account, click here or login below...
