Business
Completion of Disposal
Completion of Disposal.
About this update from Avingtrans Plc
[{"type":"text","content":"\n \nRNS Number : 5726Z Avingtrans PLC 27 May 2016 \n\n27 May 2016\nAvingtrans Plc\n(\"Avingtrans\" or the \"Company\" or the \"Group\")\n \nCompletion of Disposal of Aerospace Division \n \nFurther to the announcement made on 4 May 2016, Avingtrans (AIM:AVG) announces that it has completed the sale of the Aerospace Division to Anthony Bidco Limited a company controlled by funds managed by Silverfleet Capital Partners LLP.\n \n \nEnquiries:\n \n\n\n\n\nAvingtrans plc\nSteve McQuillan, Chief Executive Officer\nStephen King, Chief Financial Officer\n \n\n\nTel: 01159 499 020\n\n\n\n\nNumis \nRichard Thomas (Corporate Finance and Nominated Adviser)\nTom Ballard (Corporate Broking)\n \n\n\nTel: 0207 260 1000\n\n\n\n\nNewgate (Financial PR)\nAdam Lloyd\nEd Treadwell\n\n\nTel: 020 7653 9850\n \n\n\n\n\n \n \nAbout Avingtrans\n \nAvingtrans plc is engaged in the provision of highly engineered components, systems and services to the energy, medical and traffic management industries worldwide. \n \nEnergy and medical, engaged in the design and manufacture of safety critical equipment for the energy, medical, science and research communities, including oil and gas extraction and processing equipment, nuclear process plant, machined and fabricated pressure and vacuum vessels and components. Also, design and manufacture of fabricated poles and cabinets for roadside safety cameras and rail track signalling.\n \nThe strategy of the group, is to \"buy and build\" in regulated engineering niche markets, where we can see potential consolidation opportunities, which can lead to significantly increased shareholder value over the medium to long term.\n \n\n\n \n \n \n\nThis information is provided by RNSThe company news service from the London Stock Exchange END DISBXGDUUGDBGLR\n ","length":4047,"tagName":"div"}]