Eckert Seamans represents Energy Steel & Supply Co. in acquisition of Joseph Oat intellectual property and brand. October 1, 2026 Eckert Seamans Corporate, M&A and Securities Chair Ernie Holtzheimer and Associate Erika Miller represented Energy Steel & Supply Co., a subsidiary of Avingtrans plc (LON: AVG), in its acquisition of the intellectual property, brand, and related assets of Joseph Oat Corporation, a U.S. nuclear engineering specialist based in Camden, NJ. Joseph Oat has served the nuclear industry for decades, supplying critical components to major industry participants and establishing a substantial base of installed equipment requiring ongoing service and replacement parts. The acquisition expands Avingtrans' ability to support equipment operating at U.S. power plants and other industrial facilities. The transaction also broadens Avingtrans' engineered product portfolio and access to qualified AP1000 reactor components. Based in Rochester Hills, Michigan, Energy Steel has served the nuclear industry since 1982, providing equipment fabrication, material supply, machining, engineering, and repair services. Its capabilities include custom fabrication and solutions for replacing obsolete equipment and components. Avingtrans acquired Energy Steel in 2019 as part of its expansion in the nuclear sector. The recent acquisition complements Avingtrans' existing U.S. nuclear operations through Energy Steel and Hayward Tyler, supporting opportunities across new nuclear facilities, fusion, plant life extension, and decommissioning.

Energy Steel merges with Hayward Tyler, expanding nuclear capabilities and services. VERMONT, USA - Hayward Tyler, a global leader in performance-critical pumps and motors for the energy sector, is pleased to announce that its sister company Energy Steel & Supply Co. (Energy Steel), an established manufacturer of machined products and components for the civil nuclear power industry, will merge with Hayward Tyler Inc. A division of Avingtrans PLC, Hayward Tyler, has decades of experience in the nuclear power market, with over 500 pumps in active service in nuclear applications across the world. This merger expands the company's nuclear capabilities and product lines for new and existing customers. "Our merger of Energy Steel presents a significant opportunity to broaden our offerings to the global nuclear market, and the capacity and geographic presence of Energy Steel provides an important strategic opportunity for Hayward Tyler." Said Duncan Morgan, Group Managing Director of the Advanced Engineering Systems Division of Avingtrans. "Our customers will be even better served with the capabilities that Energy Steel brings, particularly in precision manufacturing and solutions for obsolete OEM components and products." Energy Steel is based in Rochester Hills, Michigan. Energy Steel will retain its location and brand identity. About Hayward Tyler Established in 1815, Hayward Tyler designs, manufactures and services performance-critical electric motors and pumps to meet the most demanding applications in the global energy and chemical processing industries, specializing in high pressure, high temperature, and difficult-to-handle fluids. The company has built a solid reputation for delivering quality, reliability, and world-class engineering with facilities in the UK, Scotland, US, China, and India. About Energy Steel Energy Steel has been serving the nuclear power industry since 1982 with capabilities in equipment fabrication, material supply, precision machining, engineering, and repair services. Through strategic OEM partnerships, it also provides solutions for obsolete nuclear components and support for the most complex projects. About Avingtrans Avingtrans designs, manufactures and supplies original equipment, systems and associated aftermarket services to the energy, medical and industrial markets worldwide.