HAYT – AIM shares for your ISA




Hayward Tyler moving up a gear after recent investments, says CEO

Ewan Lloyd-Baker, chief executive of Hayward Tyler (LON:HAYT), says the engineering group is already starting to see the benefits of its recent investments.

The firm has recently taken over Peter Brotherhood – a UK engineering business based in Peterborough and is investing into research, training and development, as well as expanding its Luton facility.

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Hayward Tyler looks to new opportunity with Japanese deal

A deal with leading Japanese pump maker Ebara creates a new opportunity in a hitherto closed market for Hayward Tyler (LON:HAYT), Ewan Lloyd-Baker,the boss of the specialist British engineer, told Proactive Investors.
The deal, which was struck post period, was announced as the firm posted its latest half year results, which, despite showing declines, were in line with expectations.

Deal Has ‘Step Change’ potential for Hayward Tyler

The boss of AIM-listed Hayward Tyler has hailed the possibilities created by the group’s acquisition of a historic East of England engineering business and producer of steam turbines within interim results featuring an expected dip in revenue.

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Hayward Tyler formally completes Peter Brotherhood acquisition

Specialist engineer Hayward Tyler (LON:HAYT) said it has completed the acquisition of the trade and assets of the Peter Brotherhood business.

The US$15mln acquisition, from German industrial giant Siemens, was announced on 12 October.

Peter Brotherhood is a UK maker of steam turbines and gas compressors, so the business neatly complements Hayward’s existing business of electric motors and pumps while bringing in a number of new customers, such as the Keppel Shipyard.

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Insider Media Limited – Hayward Tyler acquires Peter Brotherhood

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CEO Ewan Lloyd-Baker says Hayward Tyler will rejuvenate Peter Brotherhood brand

With nearly 350 years of experience behind them, Hayward Tyler’s (LON:HAYT) acquisition of Peter Brotherhood ties together two of UK’s oldest
engineering firms.

Two hundred-year-old Hayward Tyler announced on Monday it is buying the almost 150 year old Peter Brotherhood for US$15mln (£9.7mln) from Dresser-Rand, an arm of German industrial giant Siemens.

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