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Announced

H&MV Engineering completed the acquisition of Skanstec.

Synopsis

H&MV Engineering, a specialist in high voltage (HV) electrical engineering, completed the acquisition of Skanstec, a European specialist engineering company focused on delivering key infrastructure projects in the energy and telecommunications sector. Financial terms were not disclosed. "We are pleased to announce the acquisition of Skanstec, who have a strong reputation in the industry and have carved out a niche position in the European market in delivering both energy and connectivity projects for leading blue-chip clients. We hugely admire what Declan and the Skanstec team have achieved to date, and they are clearly aligned with our culture and values. We are excited to welcome fibre and connectivity expertise to the group and additional strength in the energy business. We look forward to working with Declan and the team, as we embark on this exciting phase of our growth," P.J. Flanagan, H&MV Engineering CEO.

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