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Investegate announcements from Avingtrans PLC, Exercise of Options and Total Voting Rights

Avingtrans' Stainless Metalcraft secures next phase of Sellafield contract

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Completion of Acquisition of Majority Stake in new Medtech Joint Venture Further to its announcement on 5 January 2021, Avingtrans PLC (AIM: AVG), which designs, manufactures and supplies original equipment, systems and associated aftermarket services to the energy and medical sectors, is delighted to announce that it has completed the acquisition of a majority stake in Magnetica following approval from Magnetica shareholders earlier today. The combination will see Avingtrans' two medical equipment businesses, Scientific Magnetics (SciMag) and Tecmag, merge with Magnetica. Magnetica Lim...

Specialises in the design, manufacture and servicing of performance-critical motors and pumps for challenging environments.   Energy Steel, Inc - Lapeer, Michigan, USA Provider of custom fabrications for the nuclear industry, specialising in: OEM parts obsolescence; custom fabrications; engineering design solutions; product refurbishment; on-site technical support.   Stainless Metalcraft Ltd - Chatteris, UK and Chengdu, China Provider of safety-critical equipment for the energy, medical, scienc...