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
- Industry
- HVAC & Mechanical
- Location
- England, United Kingdom
- Transaction Type
- Buyout
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