15 Jun 2015 07:00
15 June 2015
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Pressure Technologies plc
("Pressure Technologies" or "the Company")
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Appointment of Cantor Fitzgerald Europe as
Nominated Adviser & Broker
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The Board of Pressure Technologies plc is pleased to announce the appointment of Cantor Fitzgerald Europe as its Nominated Adviser and Broker with immediate effect.
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For more information please contact:
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Pressure Technologies plc | 0114 257 3616 |
Alan Wilson, Chairman John Hayward, Chief Executive James Lister, Finance Director  | www.pressuretechnologies.com |
Cantor Fitzgerald Europe (Nominated Adviser & Broker) | 020 7894 7000 |
Rick Thompson / Michael Reynolds / Will Goode  | |
Tavistock (Financial PR Advisers) | 020 7920 3150 |
Keeley Clarke / Simon Hudson  | |
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COMPANY DESCRIPTION
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Company description - www.pressuretechnologies.com
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With its head office in Sheffield and its origins going back to 1897, Pressure Technologies is a growing, profitable, dividend paying, AIM listed, leading designer and manufacturer of speciality engineering solutions for high-pressure systems serving large global markets. The company is building a highly profitable group of companies, specialising in technology for the containment and control of liquids and gases in pressure systems through a combination of organic initiatives and acquisitions.
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Pressure Technologies has four divisions, Precision Machined Components, Cylinders, Engineered Products and Alternative Energy, serving four markets: oil and gas, defence, industrial gases and alternative energy.
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Precision Machined Components
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· Al-Met, Mid Glamorgan, acquired in 2010 www.almet.co.uk
· Roota Engineering, Rotherham, acquired in March 2014 www.roota.co.uk
· Quadscot, acquired in October 2014 www.quadscot.co.uk
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Cylinders
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· Chesterfield Special Cylinders, Sheffield, IPO cornerstone in 2007 www.chesterfieldcylinders.com
· Kelley GTM Manufacturing, Amarillo - 40% stake acquired by the Group in December 2013 www.kelleygtm.com
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Engineered Products
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· Hydratron, Manchester and Houston, acquired in 2010 www.hydratron.co.uk
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Alternative Energy
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· Chesterfield BioGas, Sheffield, renamed Greenlane Biogas UK on 5 June 2015, founded in 2008 www.chesterfieldbiogas.co.uk
· Greenlane, acquired in October 2014 www.greenlanebiogas.comÂ
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