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Avon Rubber Wins Two New VT Technology Contracts

25th Oct 2013 07:54

LONDON (Alliance News) - Avon Rubber PLC Friday said it it had won two new contracts through the diving rebreather systems and dive computers company it bought back in April.

It said it had won a contract to develop a new diving rebreather for the UK Ministry of Defence and a deal for its latest deep-water data logger with oil field services company Oceaneering.

It didn't give any financial details.

Avon Rubber bought VT Technology Holdings in April. Its shares were up 1% at 548 pence early Friday.

By Steve McGrath; [email protected]; @SteveMcGrath1

Copyright 2013 Alliance News Limited. All Rights Reserved.


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