Hayward to acquire UK firm Peter from Siemens

 Hayward Tyler Group plc is buying UK engineering company Peter Brotherhood from Dresser-Rand Co Ltd, a Siemens-owned business, for US$15 million.

 

Peter Brotherhood specialises in steam turbines, reciprocating gas compressors and combined heat and power units for the power generation, oil and gas and marine markets. The company has an installed base of nearly 1500 units across 100 countries globally.