M+W Group acquires Senior Hargreaves in the UK
The global engineering and construction company, M+W Group, has acquired one of the UK’s leading providers of air movement and ventilation ductwork solutions, Senior Hargreaves.
M+W Group, which is headquartered in Germany with its UK base in Chippenham, was established a century ago. Today the Group is the leading global engineering, construction and project management company in the fields of Advanced Technology Facilities, Life Science&Chemicals, Energy&Environment Technologies and High-Tech Infrastructure with over 7,000 people worldwide.
Senior Hargreaves was founded in Bury in 1872, originally trading as Henry Hargreaves and Sons, prior to acquisition by the Senior Engineering Group (now Senior plc) in 1957. The Senior Hargreaves name has become synonymous with ventilation ductwork, and the company is renowned as a leading manufacturer and distributor of high quality heating, ventilation and air conditioning solutions with expertise across the nuclear, industrial, commercial, retail and leisure sectors.
According to M+W Group’s UK CEO, Peter Greenhalgh, the strong synergies between the two companies made the acquisition a logical step in the Group’s development: “We are very happy to have concluded the acquisition of Hargreaves Ltd. 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 & research, technology manufacturing facilities and energy based programmes. We are looking forward to working with the management and the entire team at Hargreaves to deliver exciting plans for the business.”
Tim Hopkinson, CEO of Hargreaves commented: “We welcome this news as an extremely positive step forward in the development of the company enabling us to drive overall growth of the company.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, that can further strengthen our position at the forefront of the industry.”
About M+W Group (www.mwgroup.net): M+W Group is the leading global engineering, construction and project management company in the fields of Advanced Technology Facilities, Life Science & Chemicals, Energy & Environment Technologies and High-Tech Infrastructure. From concept development to turnkey services the company manages projects of all sizes ensuring rapid realization, high quality standards and cost-effective completion. With its competence to link process and automation technologies and complex facilities to integrated solutions M+W Group primarily 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. M+W Group is the holding company with headquarters in Stuttgart, Germany. In 2011 the company generated an order intake of $3.6 billion and revenues of $3.5 billion with more than 7,000 employees. In 2012 M+W Group celebrates its 100th anniversary.
M+W Group is owned by the Austrian Stumpf Group that is globally successful in the areas of High-Tech Engineering, Smart & Renewable Energy, Real Estate and Technology Investments.
About Senior Hargreaves (www.senior-hargreaves.co.uk): Senior Hargreaves is one of the UK’s leading suppliers of air movement systems, providing ventilation ductwork solutions to all sectors of the construction industry. Senior Hargreaves was founded in 1872 in Bury, Lancashire. The company is a manufacturer, distributor and installer and offers a comprehensive service from concept to completion and has the experience and resources to deliver projects of any scale and complexity. Senior Hargreaves has built up a reputation for proactively providing solutions, even on the most complex ductwork projects, and has worked extensively within the nuclear industry and the pharmaceuticals, rail including tunnels, retail, commercial and leisure sectors.
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