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Hayward Tyler Group wins contracts worth over £4.5m

Thu, 24th Nov 2016 09:57

(ShareCast News) - AIM-listed engineer Hayward Tyler Group has won four contracts worth in excess of £4.5m.Hayward Tyler, one of its operating companies, won two orders from Eureka Pumps for operators in the North Sea.The first is for a motor unit for a firewater pump application at the Gudrun field, which is operated by Statoil, and the second is for a motor unit for a seawater lift pump application for the Edvard Greig field operated by Lundin Petroleum.This complements its recently won contracts for subsea installations off the coast of Brazil and the west coast of Africa.Hayward Tyler also secured a contract with Korea Hydro Nuclear Power to replace certain existing 14 year old pumps at its Hanbit power plant, as well as providing a supply of backup parts.Peter Brotherhood, the company's other operation, won its first contract for a tri-generation combined heat and power system.Chief executive Ewan Lloyd-Baker said the contract wins are testament to the confidence that clients have in its products and that the company has now shipped the S-Oil project.Shares in Hayward Tyler Group up 2.55% to 80.50p at 1026 GMT.

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Hayward Tyler disposes, leases back Peterborough property

(ShareCast News) - Specialist engineering group Hayward Tyler disposed of one of its 11.5 acre Peter Brotherhood property in Peterborough on Tuesday, in a sale-and-leaseback deal with Helical Peterborough (HPL) - a special purpose vehicle owned by Helical Bar. The AIM-traded firm had acquired Peter

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Hayward Tyler Group clinches Peter Brotherhood deal

(ShareCast News) - Engineering company Hayward Tyler Group has completed the acquisition of Peter Brotherhood business from Siemens-owned Dresser-Rand Company for $15m in cash. The London-listed company said the deal for the steam turbines maker will be funded through new debt facilities from Royal

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