Companies

H&MV Engineering buys Tipperary-based Skanstec for undisclosed sum

The private equity-backed engineering services firm based in Limerick has been growing rapidly in recent years

Pictured at H&MV Engineering's new global HQ in Limerick are PJ Flanagan, chief executive officer, and David Maher, managing director

H&MV Engineering, the private equity-backed engineering services firm, has acquired Skanstec, a Tipperary-based specialist engineering firm, for an undisclosed sum.

The acquisition is the latest expansion by H&MV Engineering, which has been growing rapidly over recent years after Exponent, a British private equity firm, acquired a majority stake in the Irish company for around €100 million.

The Limerick-based engineering services firm, which provides high voltage electrical engineering solutions for clients in the data centre, renewables ...