Make your money go further for just 25p per day

Hayward Tyler Group (AIM: HAYT) – material acquisition moves this business up a leg

12/10/2015 · Hayward Tyler Group (HAYT) 

The specialist engineering group has announced the conditional acquisition of the trade and assets of the Peter Brotherhood business from Dresser-Rand Company Ltd, a Siemens-owned business. This is a material acquisition which rapidly increases the reach of the AIM quoted business and is immediately earnings enhancing.

Peter Brotherhood is a UK engineering business based in Peterborough which is currently focused on energy efficient solutions for land and marine based applications including steam turbines, reciprocating gas compressors and combined heat and power units for the power generation, oil and gas and marine markets.  It was acquired by Dresser-Rand Inc in 2008 (a company that was subsequently acquired by Siemens) and is now a non-core disposal. 

Peter Brotherhood is the UK’s only…

Sign up and read the full article

Register to continue reading our content.

Get FREE access now

Already a member? Login


Previous article Next article

DON'T MISS OUT!

Get top investment ideas to help safeguard and grow your wealth.

Invaluable insight from the exciting world of smaller companies.

REGISTER FREE

DON'T MISS OUT ON OUR PREMIUM CONTENT

Become a champion investor for just £90 a year. Benefit from our high performing portfolios:

START FREE TRIAL

More on Hayward Tyler Group

Hayward Tyler (AIM:HAYT) beware debt fuelled expansion and enthusiasm for awards…and royal visits!

20/02/2017 · Company Insights
Poor old Hayward Tyler Group appears to be struggling. Time for a good old-fashioned equity raise…

Hayward Tyler Group plc (AIM: HAYT) results in line and plenty to go for

10/11/2015 · Company Insights
The specialist engineering group, whose shares have had a strong run over the past few weeks…

More Company Insights

Elderly challenges | Demotion | Australian boost

21/11/2024 · Churchill China · CVS Group · Renold · Tracsis

Bonkers Bargains: poised to recover with a new CEO

20/11/2024 · James Cropper

Improving returns | Questionable business models

Sign-up to our free email updates

SIGN UP