|Hayward Tyler Group plc
|£50.6 million public takeover and debt refinance.
|About the client:
|Hayward Tyler Group Plc designs, manufactures, and services fluid-filled electric motors and pumps for high-pressure, high-temperature applications and environments across the global energy sector.
|About the transaction:
Akur acted as Rule 3 adviser and joint financial adviser to Hayward Tyler on the all-share sale to Avingtrans plc. This transaction, between two AIM companies under the Takeover Code, was the culmination of Akur’s advisory work for Hayward Tyler over a period of almost ten years. During this period Akur has led a wide variety of transactions for HTG including:
• Reverse takeover and admission to AIM
Ewan Lloyd-Baker, Chief Executive of Hayward Tyler Group plc said: