The firm has also announced it is to create 250 new job opportunities.
The newly formulated Glanua Group LTD will be headquartered in Loughrea, Co Galway and specialise in delivering innovative and sustainable engineering solutions to design, build and maintain critical water and wastewater infrastructure across Ireland and the UK.
Glanua is now seeking to fill 100 new roles in the environmental and engineering sectors and plans to add another 150 staff over the next five years as it is well-positioned to capitalise on the increased importance of sustainability and the emerging benefits of the circular economy. Glanua has experienced significant growth in recent years and already employs 320 people across the Group.
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Its clients include Uisce Éireann, Thames Water, Yorkshire Water, Northern Ireland Water, Kerry Group, Glanbia and ABP. Total revenue in Glanua amounted to €97m in 2022 and is projected to increase to €150m this year.
Limerick-based BHSL, now Glanua Group LTD, was the holding company for Glan Agua Ireland, Glan Agua UK, Hydro International and MEIC. Under the new rebranded and integrated identity, these companies have been renamed to Glanua Ireland, Glanua UK, Glanua Industrial and Glanua Civils respectively.
Karl Zimmerer, Managing Director of Glanua Group, said: "We are excited to reveal our rebrand to Glanua Group and to announce our plans to hire more staff. This new brand is a key part of an internal integration process that will ensure we continue to supply our clients in Ireland, the UK and across the world with innovative and sustainable engineering solutions for their water and wastewater needs.”
"We look forward to continuing to grow the group through strategic investments in further acquisitions, increased synergies, the sharing of our in-house expertise and the recruitment of talented staff to work alongside our high-performing and dedicated employees. We have set ambitious targets and we are confident we can achieve them, working together from our new and expanding group headquarters in Loughrea. We are actively seeking to fill 100 engineering and environmental roles and we expect to expand significantly in the coming years. This is the start of a new chapter for Glanua and it is a positive development for Loughrea, for Galway and for Ireland's ambition to be a lead country in the provision of sustainable and critical engineering solutions."
