Pressure Technologies is expected to complete on the sale of its biogas division to a Canadian investor more than six months after first revealing the deal.
The Sheffield engineering group first announced the deal to sell Greenlane Biogas for £11.1m in December last year.
Greenlane is a world leader in technology used to upgrade biogas generated from landfills, waste water treatment plants, and agricultural and food waste into a clean and marketable renewable natural gas product.
Pressure Technologies was founded on its leading market position as a designer and manufacturer of high pressure systems serving the global energy, defence and industrial gases market. Since listing on AIM in 2007 it has grown by acquisition and today continues to serve those markets from a broader engineering base with specialist precision engineering businesses.Gresham House Strategic PLC (LON:GHS) has a 5.4% ownership of Pressure Technologies as of June 2018