To support growth in science and research, technology manufacturing and energy based programmes
M+W Group, a global engineering and construction company, has bought one of the UK’s leading providers of air movement and ventilation ductwork solutions, Senior Hargreaves, for an undisclosed sum, expanding its presence in the UK.
M+W Group, which is headquartered in Stuttgart, Germany and has its UK base in Chippenham, Wiltshire, was established a century ago. It focuses on leading companies in the fields of electronics, photovoltaics, life science, chemicals, energy, automotive, security and communication, as well as research institutes and universities, and employs more than 7,000 people worldwide.
Senior Hargreaves was founded in Bury, Lancashire in 1872, originally trading as Henry Hargreaves and Sons, prior to its acquisition by the Senior Engineering Group (now Senior plc) in 1957. The firm is a leading manufacturer and distributor of heating, ventilation and air conditioning solutions with expertise across the nuclear, industrial, commercial, retail and leisure sectors.
M+W Group’s UK CEO, Peter Greenhalgh, said strong synergies between the two companies made the acquisition a logical step in the Group’s development.
“The Hargreaves team has 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 programmes,” he said.
Tim Hopkinson, CEO of Hargreaves, added: “We welcome this news as an extremely positive step forward in the development of the company enabling us to drive overall growth. Like M+W Group, we pride ourselves on our commitment to the development of high standards in the industry, which has enabled us to work on many technically challenging and complex projects. This move will facilitate the ongoing development of our product portfolio and, crucially, investment in the business and the skills of our people.”