By Iain Gilbert
Date: Monday 12 Jul 2021
LONDON (ShareCast) - (Sharecast News) - Critical components group Avingtrans has scored a contract worth £4.4m with Doosan Babcock to supply remote maintenance pumps for use by a leading UK nuclear energy company.
Avingtrans said the contract, to be executed over a period of two years, will see the three of its companies work together as part of a goods supply agreement.
The AIM-listed group stated Metalcraft in Cambridgeshire, HTFH in East Kilbride and HT in Luton will work together to manufacture remote maintenance pumps, which will form a critical part of the efforts to clean the Sellafield nuclear plant's liquid effluents before discharge to the sea.
Austen Adams, the divisional managing director of Avingtrans' process solutions and rotating equipment unit, said: "We're delighted to have secured this contract and to be working in conjunction with our sister company in Avingtrans' engineered pumps and motors division, Hayward Tyler, to deliver best value for our customer.
"All three businesses have a strong track record delivering performance-critical solutions to the nuclear industry and we're confident that by combining expertise and resources we will be able to offer a high-quality, high-value solution."
As of 0920 BST, Avingtrans shares were up 1.43% at 426.0p.
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