.
MergerLinks Header Logo

New Deal


Announced

H&MV Engineering completed the acquisition of Skanstec.

Financials

Edit Data
Transaction Value-
Consideration TypeCash
Capital Owned-
Capital Bid For100%
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Sources

Edit

Tags

Edit

Ireland

Telecommunications Services: Other

Friendly

Acquisition

Majority

Energy & Telecommunication Sectors

Single Bidder

Completed

Domestic

Private

Synopsis

Edit

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.

Search a database of more than 250,000 verified dealmakers

Receive automated updates on global transactions

Follow the activity, relationships and transactions of top dealmakers

No credit card required

© COPYRIGHT 2024 MERGERLINKS LIMITED.

ALL RIGHTS RESERVED.

15 BONHILL STREET, LONDON, EC2A 4DN, UNITED KINGDOM.

CONTACT US