REG - Avingtrans PLC - Booth Industries secures £4.5m Contract

AvingtransAnnouncement

13/02/2025 07:00

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RNS Number : 9005W  Avingtrans PLC  13 February 2025

13 February 2025

 

Avingtrans plc

 

("Avingtrans", the "Company", or the "Group")

 

Booth Industries secures £4.5m Contract

 

Avingtrans PLC (AIM: AVG), which designs, manufactures and supplies critical
components, modules, systems and associated services to the energy, medical
and industrial sectors, is pleased to announce its subsidiary Booth Industries
(Booth), has secured a new £4.5 million contract to supply pressure-rated
fire doors for HS2.

 

The contract expands upon Booth Industries' involvement in the HS2 project,
following the £36 million contract secured in September 2020 to supply cross
passage doors for the London-to-West Midlands segment of the route. Booth will
begin mass production of the cross-passage sliding doorsets in its 600m²,
state-of-the-art production cell during 2025.

 

Following the initial HS2 contract, Booth developed tested doors capable of
withstanding high pressure shockwaves across more than 5 million cycles,
delivering a design life exceeding 30 years. This proven innovation and
expertise are now being applied to bespoke designs for the newly awarded
pressure-door contract.

 

Austen Adams, divisional managing director of Avingtrans' AES division,
commented:

 

"The new contract is fantastic news for Booth and represents a significant
step forward for the business. Both sets of safety doors will play a crucial
role in the operation of the railway, sealing off passageways between tunnels
and providing access in case of emergency.

 

"With trains capable of travelling at speeds of up to 250mph passing within
metres of the doors, they not only need to provide reliable fire integrity and
insulation but also to withstand a wide range of challenging day-to-day
environmental and fatigue pressures. Both doorsets have already set new
benchmarks for the industry and we are delighted to see Booth reinforcing its
position as an innovator in the sector, developing specialist products with
genuine global market potential."

 

Enquiries:

 

 Avingtrans plc                                          01354 692 391
 Roger McDowell, Chairman

 Steve McQuillan, Chief Executive Officer

 Stephen King, Chief Financial Officer

 Singer Capital Markets (Nominated Adviser and Broker)   020 7496 3000
 Shaun Dobson

 Alex Bond

 Oliver Platts

 IFC Advisory (Financial PR)                             020 3934 6630
 Graham Herring

 Tim Metcalfe

 Zach Cohen

 

About Avingtrans plc:

 

Avingtrans designs, manufactures and supplies original equipment, systems and
associated aftermarket services to the energy, medical and industrial markets
worldwide.

 

Business units

 

 Hayward Tyler - Luton, East Kilbride & Nottingham, UK, USA, China and
 India

 Specialises in the design, manufacture and servicing of performance-critical
 motors and pumps for challenging environments.

 Energy Steel, Inc - Rochester Hills, 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

 Provider of safety-critical equipment for the energy, medical, science and
 research communities, worldwide, specialising in precision pressure and vacuum
 vessels and associated fabrications, sub-assemblies and systems.

 Booth Industries - Bolton, UK

 Designs, manufactures, installs and services doors and walls which can be
 tailored to be: blast and explosion proof; fireproof; acoustically shielded;
 high security/safety; or combinations of the above.

 Ormandy Group - Bradford, UK

 Design, manufacturers and servicing of off-site plant, heat exchangers and
 other HVAC (heating, ventilation and air conditioning) products.

 Composite Products Ltd - Buckingham, UK

 Centre for composite technology, parts and assemblies, serving customers in
 industrial markets.

 Adaptix Ltd - Oxford, UK

 Adaptix has developed novel 3D X-ray for Orthopaedic and Veterinary
 applications amongst others. Commercialisation of this system (and others) is
 on-going.

 Magnetica Ltd - Brisbane, Australia

 Magnetica Limited specialises in the development of next generation MRI
 technologies, including dedicated extremity MRI systems and MRI system
 components. Magnetica has successfully built and tested a compact, integrated
 3 Tesla orthopaedic MRI system, demonstrating clinical-quality imaging.
 Commercialisation of this system (and others) is on-going. Magnetica's
 structure now includes two other business units:

 Scientific Magnetics - Abingdon, UK

 Designs and manufactures superconducting magnet systems and associated
 cryogenics for a variety of markets including MRI and provides services for
 Nuclear Magnetic Resonance instruments.

 Tecmag Inc - Houston, USA

 Designs, manufactures and installs instrumentation, including consoles, system
 upgrades, and probes, mainly for Magnetic Resonance Imaging (MRI) and Nuclear
 Magnetic Resonance (NMR) systems.

 

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