Germans swoop on UK industrial ductwork contractor

Aaron Morby 13 years ago
Share

The UK’s leading industrial ductwork contractor Senior Hargreaves has been sold to German engineering group M+W.

The takeover deal will see the firm, which supplies ventilation systems to nuclear power stations, hospitals, airports and offices, change its trading name to Hargreaves Ductwork.

Details of the deal have not been revealed but the firm turns over around £20m and employs 200 staff.

Senior’s chief executive Mark Rollins said: “I am very pleased to announce the disposal of Hargreaves to M+W and to wish the management and employees of Hargreaves all the very best for the future with their new, and more logical, owners.”

Peter Greenhalgh, chief executive of M+W UK said: “We are very happy to have concluded the acquisition of Hargreaves.

“The Hargreaves team have a long history and extensive experience in technology based projects, which fits well with our strategic plans for sustained growth in our target markets of science and research, technology manufacturing facilities and energy-based programs.”

Stuttgart-based M+W is a privately-owned global engineering, construction and project management company, which boasted sales of 2.5bn euros last year and employ 7,000 staff.

One member of the Hargreaves team told the Enquirer: “Most people are positive about the move. There is a view the new owners will bring German manufacturing know-how and long term investment.”

Latest news

Breakthrough for HS2 as first Birmingham tunnel section dug

Balfour Beatty VINCI completes 3.5km TBM drive in 652 days drive
26 minutes ago

HS2 Curzon Street station redesign approved as timber roof axed

Change to meet stricter fire safety rules and cut maintenance costs
4 hours ago

Care home fire trial collapses

Prosecution withdrawn against four firms including Morgan Sindall Property Services
1 day ago

Leicester rebids £22m station revamp after failed tender race

Council opts for ECI route after receiving one bid for project
4 hours ago

Kier wins East Coast College rebuild job in Great Yarmouth

Work to start this summer for 1,300-student college
5 hours ago

R G Carter wins £28m hospital car park job in King’s Lynn

MSCP paves way for £1.5bn Queen Elizabeth Hospital rebuild in 2027
5 hours ago

London to relax green belt building rules

Sadiq Khan shifts position on planning
5 hours ago

Willmott Dixon wins Great Yarmouth waterfront deal

North Quay 10.5 acres mixed-use scheme to advance
1 day ago

SIG chief quits to join Travis Perkins

Gavin Slark to leave by the end of this year
5 hours ago

Eight take key spots on £250m Prosper framework

Housing and public building upkeep deal for North East awarded
1 day ago

Early call-out for £150m Ebbsfleet Garden City infrastructure

Bidders day to set out plan for Ebbsfleet Central commercial scheme
2 days ago

McLaren storms April contracts league with flurry of wins

Cardiff Bay Arena job headlines a series of big contract wins
1 day ago

Balfour Beatty lifts cash forecast after strong first quarter

Contractor set to hit £1bn average monthly net cash in 2025
1 day ago

Goldman Sachs-owned Adler & Allan buys 180-strong civils outfit

West Country's Glanville Environmental gets new owner
1 day ago

Caddick lands first contract for £200m Skelmersdale revamp

Developer gets green light for masterplan
1 day ago

Van Elle sells HGV fleet to haulage firm

WS Specialist Logistics pays £2.9m to take on fleet and drivers
1 day ago

Buyers more bullish about prospects for year ahead

Residential "resilient" but commercial work a weak spot
2 days ago

Council backs first Brutalist car park-to-flats scheme

Newcastle-under-Lyme multi-storey car park to be reborn as pioneering homes scheme
2 days ago

Hinkley Point C hits peak build with 26,000 jobs

3,000 more workers to join as fit-out work ramps up
2 days ago

Over 40 firms win Wessex Water M&E minor works deal

Broad sweep of specialists picked for AMP8 programme
2 days ago

Spencer lands Scottish bridge hat-trick

Steelwork, gantries and bearing upgrades on Kessock, Forth and Tay crossings
3 days ago

Winners revealed for £1.5bn decarbonisation deal

Fusion21 confirms places for 40 firms: Full list
2 days ago

Cladding firm fined £225,000 after fatal fall

Court hears how cherry picker didn't reach all parts of repair job
2 days ago

Completed buildings caught-up in Gateway 2 chaos

Developer distraught after dealing with Building Safety Regulator
3 days ago

Aviva submits plans for 34-storey City office tower

Subject to planning work to start in autumn 2027
3 days ago

Murphy takes 40% stake in Aussie civils contractor

Firm enters Australasian market with stake in Sydney-based contractor Abergeldie
4 days ago

Moat seeks firm for £420m repairs and maintenance deal

15-year deal to upkeep 20,000 south east homes
3 days ago

Lynch takes over hotel for Sizewell plant operators

Hire giant now in the hotel business to guarantee accommodation for workers
3 days ago

Subcontractors wanted across Scotland

Latest Constructionline event in Glasgow: Register now
3 days ago

Six guilty of £2m bribery over Devon housing site deals

Corrupt building bosses and E.ON project chief and QS sentenced
1 week ago

Contractor services