M&A Deal Summary

Avingtrans Acquires Ormandy Rycroft

On July 4, 2013, Avingtrans acquired manufacturer Ormandy Rycroft from Exterran Holdings

Acquisition Highlights
  • This is Avingtrans’ 2nd transaction in the Manufacturing sector.
  • This is Avingtrans’ 6th transaction in the United Kingdom.

M&A Deal Summary

Date 2013-07-04
Target Ormandy Rycroft
Sector Manufacturing
Buyer(s) Avingtrans
Sellers(s) Exterran Holdings
Deal Type Divestiture

Target

Ormandy Rycroft

United Kingdom
Ormandy Rycroft is a provider in the design and manufactures a comprehensive range of storage calorifiers, semi storage calorifiers, indirect cylinders and buffer vessels to provide a flexible and economic solution for all water heating requirements.

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Buyer(S) 1

Buyer

Avingtrans

Chatteris, United Kingdom

Category Company
Founded 1985
Sector Machinery
Employees941
Revenue 137M GBP (2024)
DESCRIPTION

Avingtrans is a manufacturer of provision of highly engineered components, systems, and services to the aerospace, energy, medical, and traffic management industries worldwide. Avingtrans was founded in 1985 and is headquartered in Chatteris, England.


DEAL STATS #
Overall 6 of 10
Sector: Manufacturing M&A 2 of 3
Type: Divestiture M&A Deals 3 of 5
Country: United Kingdom M&A 6 of 10
Year: 2013 M&A 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2012-12-03 PFW Farnborough

Farnborough, United Kingdom

PFW Aerospace UK Ltd. (PFW Farnborough) is a manufacturer of a wide range of precision aerospace components, from pipes and ducts to airframe structures. This capability strongly complements and broadens the existing business in Sigma, particularly in aerospace airframe applications.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2014-08-06 RMDG Aerospace

Swadlincote, United Kingdom

RMDG Aerospace Ltd. is a manufacture of aerospace components and rigid pipe assemblies and precision components for the aerospace sector. RMDG Aerospace was founded in 1838 and is based in Swadlincote, the United Kingdom.

Buy £1M

Seller(S) 1

SELLER

Exterran Holdings

Houston, Texas, United States

Category Company
Founded 1990
Sector Energy Services and Equipment
Employees10,000
Revenue 3.2B USD (2013)
DESCRIPTION

Exterran Holdings, Inc. is a provider of full service natural gas compression and a premier provider of operations, maintenance, service and equipment for oil and gas production, processing and transportation applications. Exterran Holdings split into two companies Archrock, Inc. and Exterran Corp.


DEAL STATS #
Overall 4 of 7
Sector: Manufacturing M&A 1 of 1
Type: Divestiture M&A Deals 4 of 5
Country: United Kingdom M&A 1 of 1
Year: 2013 M&A 2 of 3
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2013-04-01 Exterran Holdings - Compression Assets

United States

Exterran Holdings - Compression Assets include contracts serving approximately 50 customers of Exterran Holdings, together with approximately 360 compressor units used to provide compression services under those contracts. These compressors comprise approximately 250,000 horsepower, which represents approximately 8 percent (by available horsepower) of the combined U.S. contract operations business.

Sell $174M
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2013-07-08 Ironline Compression

Nisku, Alberta, Canada

Ironline Compression is a full-service natural gas compression company covering multiple locations throughout the Western Canadian Sedimentary Basin. The Company owns a fleet of compression units, services producer-owned equipment, and is a distributor of compression-related parts. Ironline Compression is based in Nisku, Alberta.

Sell -