Avingtrans
Avingtrans plc is a UK-listed engineering holding company that supplies performance-critical pumps, high-integrity doorsets, and medical imaging systems (MRI and Digital Tomosynthesis) to the nuclear, rail infrastructure, and healthcare sectors through wholly-owned subsidiaries.
- Company typePublic
- Founded2002
- HeadquartersChatteris, United Kingdom
- Headcount501–1,000
- GTM typeB2B
- OfferingHardware or Manufacturing
What Avingtrans does
Avingtrans plc is a UK-listed (AIM: AVG) holding company executing a 'Pinpoint-Invest-Exit' acquisition strategy in highly regulated engineering markets, headquartered in Chatteris, Cambridgeshire with 501-1000 employees. The group operates two divisions: Advanced Engineering Systems (AES), comprising Hayward Tyler (canned motor pumps and performance-critical pumps for nuclear, energy and industrial applications with 600+ pumps in active nuclear service globally), Booth Industries (high-integrity blast, fire, acoustic and radiation shielding doorsets), Stainless Metalcraft (precision nuclear and medical components, including nuclear waste containers for Sellafield), and Energy Steel (US civil nuclear machined products); and Medical & Industrial Imaging (MII), comprising Magnetica (next-generation MRI systems formed via the 2021 merger of Scientific Magnetics and Tecmag with the Australian medtech) and Adaptix (Ortho350 Digital Tomosynthesis 3D imaging system for orthopaedic point-of-care use).
The group's revenue model is project-based B2B engineering sales supplemented by aftermarket spare parts and service revenue from installed nuclear pump bases and rail infrastructure. Distribution is primarily direct through subsidiary sales teams with selective channel partner arrangements (notably the BHGE PVS agreement for UK/Ireland centrifugal pump spares), supported by manufacturing facilities in the UK (Chatteris, Bolton, Luton, East Kilbride, Oxfordshire, Oxford), the US (Vermont, Houston), and China (Kunshan). Customers are predominantly enterprise and government entities including HS2, Sellafield Ltd, Transport for London, Korea Hydro & Nuclear Power, Vattenfall, US ITER, and Baker Hughes GE, with end markets spanning nuclear power, nuclear decommissioning, rail infrastructure, medical imaging, and quantum computing.
Following the £2.7m acquisition of Adaptix in September 2023, the MII division secured FDA 510(k) clearance in November 2025 and CE marking in May 2026 for the Ortho350 system, completing its first US clinical installation in January 2026 at The Hand to Shoulder Center in South Florida. The AES division anchors revenue through multi-year infrastructure contracts, most notably Booth Industries' £40m+ HS2 doorset order book, with Scientific Magnetics having shipped its 20th superconducting magnet for quantum computing applications in March 2026. Market capitalization stood at £170.17m (March 2026) rising to £204.2m (June 2026), with quarterly EPS reported at GBX 14.80.
Avingtrans firmographics
Firmographics- Name
- Avingtrans
- Legal name
- Avingtrans PLC
- Website
- https://avingtrans.plc.uk
- Company type
- Public
- Founded year
- 2002
- Operating status
- Operating
- Headcount range
- 501–1,000 employees
- Short description
- Avingtrans plc is a UK-listed engineering holding company that supplies performance-critical pumps, high-integrity doorsets, and medical imaging systems (MRI and Digital Tomosynthesis) to the nuclear, rail infrastructure, and healthcare sectors through wholly-owned subsidiaries.
- Ownership category
- akta.pro rank
Avingtrans industry classification
Industry- Product category
- Specialty Industrial Engineering
- NAICS
- Search, Detection, Navigation, Guidance, Aeronautical, and Nautical System and Instrument Manufacturing (334511), Navigational, Measuring, Electromedical, and Control Instruments Manufacturing (33451), Other Aircraft Parts and Auxiliary Equipment Manufacturing (336413), Aerospace Product and Parts Manufacturing (33641)
- SIC
- Search, Detection, Navagation, Guidance, Aeronautical Sys (3812), Industrial Instruments For Measurement, Display, And Control (3823), Aircraft Parts & Auxiliary Equipment, Nec (3728)
- akta.pro primary industry
- Aerospace Electrical Wiring Interconnect Systems (EWIS) & Harnesses (IMABANAD)
- akta.pro secondary industries
- Aerospace Fasteners & Hardware (IMABANAA), Automotive Infotainment, Telematics & Connectivity Hardware Manufacturing (TCU/V2X/GNSS) (IMACAJAH), Automotive & Industrial ICs (ADAS/Powertrain/Factory/Robotics) (HDAHABAD)
Keywords
Where Avingtrans is headquartered
LocationHeadquarters
- HQ city
- Chatteris
- HQ country
- United Kingdom
- HQ region
- Europe
Offices9 records
Markets served
Avingtrans business model
Business model- GTM type
- B2B
- Offering type
- Hardware or Manufacturing
- Cost components
- Personnel, Operations, Supply Chain, Technology or R&D, Infrastructure, Marketing or Sales
Revenue model
- Engineered Product Sales: Manufacture and sale of engineered products including nuclear pumps, motors, superconducting magnets, medical imaging systems, and high-integrity door systems. Revenue from long-term infrastructure projects such as HS2 contracts and nuclear reactor component supply.
- Spare Parts and Aftermarket Services: Supply of critical nuclear safety related spare parts and refurbishment services. Ongoing revenue from service contracts and spare parts for installed base of pumps and equipment in nuclear reactors globally.
- Infrastructure Project Contracts: Large-scale contracts for rail infrastructure (HS2 doorsets, Elizabeth Line maintenance), nuclear contracts, and specialized engineering projects. Revenue recognized over project duration with milestone-based payments.
- Channel Partner Distribution: Revenue through channel partner agreements for distribution of products like centrifugal pump spare parts in specific territories (e.g., BHGE PVS agreement for UK and Ireland).
Go-to-market motion2 records
Distribution channels3 records
Marketing channels4 records
Avingtrans product offering
Product offeringCore offering
Avingtrans plc manufactures and supplies highly engineered components, systems and services to the energy, medical and traffic/infrastructure sectors through its subsidiary brands. Its Advanced Engineering Systems division produces nuclear pumps and motors (Hayward Tyler), high-integrity doorsets for rail and infrastructure (Booth Industries), and precision-engineered nuclear components (Stainless Metalcraft, Energy Steel). Its Medical & Industrial Imaging division produces superconducting magnets, MRI/NMR instrumentation, and compact 3D Digital Tomosynthesis imaging systems (Adaptix Ortho350).
Product overview
Avingtrans is a holding company pursuing a 'Pinpoint-Invest-Exit' strategy in highly regulated engineering markets. The company operates two main divisions: Advanced Engineering Systems (AES) and Medical & Industrial Imaging (MII). The AES division includes Hayward Tyler (pumps and motors for nuclear and energy applications), Booth Industries (high-integrity doorsets for rail and infrastructure), Stainless Metalcraft (precision components for nuclear and medical sectors), and Energy Steel (US nuclear components). The MII division includes Magnetica (next-generation MRI systems), which encompasses Scientific Magnetics (superconducting magnets for MRI and quantum computing) and Tecmag (NMR/NQR/MRI instrumentation), along with Adaptix (3D Digital Tomosynthesis imaging systems for orthopaedics). The portfolio spans from industrial pumps, doors, and nuclear components to medical imaging equipment including MRI systems and compact 3D X-ray imaging devices.
Differentiator
Problem solved
Functional benefit
Brands
- Hayward Tyler: Performance-critical pumps and motors for energy sector including nuclear applications
- Adaptix
- Magnetica
- Booth Industries
- Stainless Metalcraft
- Scientific Magnetics
- Tecmag
Products and services
- Adaptix Ortho350 A compact, mobile 3D Digital Tomosynthesis imaging system designed for orthopaedic point-of-care imaging of extremities, providing high-resolution 3D images at significantly lower radiation dose and cost than conventional CT. Targeted at orthopedic clinics, hospitals, and point-of-care imaging centers.
- Hayward Tyler Pumps and Motors Performance-critical pumps and motors (including glandless and canned-motor pump packages) for the energy sector, including nuclear, solar, and industrial applications. Supplies safety-related pumps, canned-motor pumps, and spare parts to nuclear reactors globally with over 600 pumps in active service. Targeted at nuclear operators, decommissioning authorities, and industrial customers.
- Booth Industries Doorsets High-integrity doorsets including blast doors, fire doors with up to two hours' fire integrity and insulation, radiation shielding doors, acoustic doors, and security doors. Designed for rail, infrastructure, nuclear, and industrial applications. Targeted at rail infrastructure projects, government buildings, and nuclear facilities.
- Stainless Metalcraft Precision Components Precision-engineered components for performance-critical industries, including nuclear waste containers (3m3 boxes for intermediate level waste), nuclear reactor components, and equipment for medical technologies and oil & gas sectors. Targeted at nuclear operators, decommissioning authorities, and industrial OEMs.
- Magnetica MRI Systems Next-generation MRI technologies and systems, including compact, cryogen-free MRI systems. Combined entity of Scientific Magnetics, Tecmag and Magnetica providing an OEM MRI system offering with in-house manufacturing of system components. Targeted at MRI equipment manufacturers and medical imaging providers.
- Scientific Magnetics Superconducting Magnets Bespoke superconducting magnet systems designed, manufactured, tested and installed for MRI and quantum computing applications, with over 30 years of expertise in environmental factors affecting magnet performance. Targeted at MRI OEMs, quantum computing programs, and scientific research institutions.
- Tecmag NMR/NQR/MRI Instrumentation Instrumentation for Nuclear Magnetic Resonance (NMR), Nuclear Quadrupole Resonance (NQR) and MRI markets, manufactured in Houston, Texas. Targeted at research laboratories, MRI system manufacturers, and scientific instrument users.
- Energy Steel Nuclear Components Machined products and components for the US civil nuclear power industry, including reactor components and engineered parts. Targeted at US nuclear operators and utilities.
- Ormandy Rycroft Engineering Solutions Engineering solutions in the energy sector, part of the Avingtrans Group providing engineered equipment and services for energy applications. Targeted at energy sector customers.
- Composite Products Composite product solutions provided as part of the Avingtrans Group. Targeted at industrial customers requiring composite material components.
Quantifiable outcome
- Lower radiation dose compared to conventional CT imaging
- +3 more outcomes
Companies that use Avingtrans
Customer profileNamed customers8 records
Segments4 records
Ideal customer profiles5 records
Avingtrans technology and API
TechnologyTechnology focussed Yes
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
Feature5 records
Avingtrans partnerships and signals
Strategic signalPartnerships
Four partnerships are on record, tiered minor and core.
- University of Sheffield's Nuclear AMRCminorCollaboration on PEMD (Primary Exchange Membrane Debris) project for nuclear coolant systems. Project supports design and supply of electric pumping machinery for Small Modular Reactors with focus on UK capability in low and zero cobalt metals.
- Shinhoo Canned Motor PumpsminorMemorandum of Understanding signed for global canned motor pump cooperation. Partnership aims to support continued demand for affordable, safe, and ecologically sound industrial solutions through cross-border collaboration.
- Baker Hughes GE, Pumps, Valves and Systems (BHGE PVS)coreChannel partner agreement covering centrifugal pump spare parts distribution and upgrade services in the UK and Ireland. Hayward Tyler became the channel to market for BHGE PVS products in these territories, expanding distribution reach for both parties.
- Magnetica LimitedcoreMerger combining Avingtrans subsidiaries Scientific Magnetics and Tecmag with Magnetica (Australian medtech company specializing in next-generation MRI technologies). Avingtrans became majority shareholder (59-61.2% interest) forming key part of Medical and Industrial Imaging division.
Scale indicators7 records
Recent moves6 records
Expansion highlights6 records
Avingtrans competitors and assessment
Company assessmentDirect peers
- Sulzer Ltd: Swiss industrial engineering company with substantial nuclear pump and rotating equipment business, including canned motor pumps. Comparable to Hayward Tyler's energy division in customer base, product portfolio, and regulatory positioning.
- KSB SE & Co. KGaA: German industrial pump and valve manufacturer with significant nuclear and power generation business. Competes with Hayward Tyler in canned motor pumps and safety-related nuclear pump applications globally.
- Oxford Instruments: UK-listed supplier of scientific instruments, including superconducting magnet systems and NMR/MRI components. Directly comparable to Scientific Magnetics and Tecmag in the MII division's instrumentation business.
- Hologic, Inc. US-listed medical technology company with significant orthopedic and breast imaging businesses. Directly comparable to Adaptix Ortho350 as a focused point-of-care imaging franchise targeting high-volume clinical workflows.
- Bruker Corporation: US-listed manufacturer of scientific instruments including NMR, MRI, and superconducting magnet systems. Closest large-scale peer to Tecmag and Scientific Magnetics across the research and medical imaging instrumentation portfolio.
- Flowserve Corporation: Global manufacturer of pumps, valves, seals, and automation services for power, oil & gas, and nuclear industries. Most direct large-scale competitor to Hayward Tyler in safety-critical nuclear and industrial pump applications.
- Senior plc: UK-listed diversified engineering group serving aerospace, defense, energy, and industrial markets. Closest UK small-cap peer to Avingtrans's diversified holding company structure with multiple regulated-market engineering subsidiaries.
Broad incumbents
- GE HealthCare Technologies: Global medical imaging OEM with leading MRI, CT, and X-ray product lines. Represents the broader incumbent competition that Adaptix Ortho350 must displace in orthopedic point-of-care imaging despite differentiated dose and cost positioning.
- Bodycote plc: UK-listed thermal processing services provider for aerospace, defense, and energy industries. Comparable to Stainless Metalcraft in precision engineering services for nuclear and performance-critical sectors.
- Assa Abloy AB: Global leader in door opening solutions and access control with extensive fire, security, and high-integrity door portfolios. Relevant broader-market incumbent comparable to Booth Industries' high-integrity doorset business in rail, nuclear, and infrastructure.
Market position
Strengths5 records
Weaknesses5 records
Competitive moat5 records
Key risks6 records
Key highlights7 records
Customer concentration
Avingtrans social profiles
Digital presenceAvingtrans compliance and trust
Trust signalCompliance5 records
Avingtrans financial estimates
Financial estimateRevenue estimate
Valuation estimate
Avingtrans leadership team
Management profileNumber of profiles
Profiles7 records
Avingtrans subsidiaries and ownership
Company hierarchySubsidiaries9 records
Avingtrans funding detail
Funding detailFunding overview
Funding rounds2 records
Investors
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
Avingtrans M&A and investment
M&A and investmentM&A10 records
Investments2 records
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about Avingtrans
What does Avingtrans do?
Avingtrans plc manufactures and supplies highly engineered components, systems and services to the energy, medical and traffic/infrastructure sectors through its subsidiary brands. Its Advanced Engineering Systems division produces nuclear pumps and motors (Hayward Tyler), high-integrity doorsets for rail and infrastructure (Booth Industries), and precision-engineered nuclear components (Stainless Metalcraft, Energy Steel). Its Medical & Industrial Imaging division produces superconducting magnets, MRI/NMR instrumentation, and compact 3D Digital Tomosynthesis imaging systems (Adaptix Ortho350).
Is Avingtrans a public or private company?
Avingtrans is a public company. It is classified as public and is currently operating.
When was Avingtrans founded?
Avingtrans was founded in 2002. It employs 501 to 1,000 people.
Where is Avingtrans based?
Avingtrans is headquartered in Chatteris, United Kingdom, in the Europe region.
How does Avingtrans make money?
Four revenue lines are on record. Engineered Product Sales are the primary driver. The others are spare Parts and Aftermarket Services, infrastructure Project Contracts and channel Partner Distribution.
Who are Avingtrans's main competitors?
Direct peers on record are Sulzer Ltd, KSB SE & Co. KGaA, Oxford Instruments, Hologic, Inc., Bruker Corporation, Flowserve Corporation and Senior plc. Broad incumbents are GE HealthCare Technologies, Bodycote plc and Assa Abloy AB.
Does Avingtrans have an API?
No public API is recorded for Avingtrans.
What industry is Avingtrans in?
Avingtrans's product category is Specialty Industrial Engineering. Its primary akta.pro industry code is IMABANAD, Aerospace Electrical Wiring Interconnect Systems (EWIS) & Harnesses, with a secondary code of IMABANAA, Aerospace Fasteners & Hardware. Its NAICS code is 334511 and its SIC code is 3812.