Limerick electrical engineering firm sells majority stake to UK company in €100m deal

H&MV serves clients in the data centre, renewables and utility sectors from a number of Irish and global locations

Each of the three sectors are currently undergoing significant growth. PIcture: iStock

UK firm Exponent has acquired a majority stake in Limerick company H&MV Engineering, specialists in high voltage electrical engineering. 

The financial details of the transaction have not been disclosed however it is understood to be worth more than €100m.