GAS storage vessel manufacturer Pressure Technologies has announced a £2.25m acquisition but warned full year profits could be hit because of spending delays.

The Sheffield-based business has bought Al-Met, a niche manufacturer of specialised, precision engineered valve wear parts used in the oil and gas industries.   Al-Met's products are used in high-pressure choke and flow control valves, designed to regulate flow volumes in extremely demanding applications in the subsea and surface oil and gas indus......for the full story register now for free or login below...