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Imtech Sells Irish Subsidiary Suir Engineering
Imtech has signed an agreement to sell Suir Engineering to private equity investor Duke Street. Technical services provider Imtech, which is jointly owned by Dalkia...
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Imtech Closes On Suir Engineering Sale
31 January 2023
Technical services provider Imtech has announced the completed sale of Suir Engineering Ltd to the British private equity investor Duke Street.
Imtech is jointly owned by Dalkia and EDF Energy, and specialises in mechanical and electrical engineering services, technical facilities management, systems integration & digital services and energy performance contracts & energy services. Imtech acquired Suir Engineering in 2007 for a reported €30 million.
Suir Engineering is active in Ireland, Denmark and Sweden in the data centre, pharmaceutical and renewable power generation markets.
The deal is intended to “prioritise and refocus” EDF’s strategic activities.
Picture: a graphic showing three large skyscrapers. Image Credit: Unsplash
Article written by Ella Tansley | Published 31 January 2023
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