Ormandy Rycroft Engineering Acquires HRS Hevac Ltd and HeatExchangerSpares.com from Exchanger Industries Ltd

January 3, 2023

Bradford-based Ormandy Rycroft Engineering, part of Avingtrans PLC, has completed the acquisition of HVAC solutions provider HRS Hevac Ltd and spare-parts supplier HeatExchangerSpares.com from Canadian manufacturer Exchanger Industries Ltd. The deals expand Ormandy's product range and spare-parts capability, allow relocation/integration of Elland staff into Ormandy's Bradford manufacturing site, and strengthen supply-chain control and aftermarket services.

Buyers
Ormandy Rycroft Engineering, Avingtrans PLC
Targets
HRS Hevac Ltd, HeatExchangerSpares.com
Sellers
Exchanger Industries Ltd
Location
England, United Kingdom
Transaction Type
Buyout

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