Wexford Steel Fabricator Hentech Acquired by Hill & Smith for €7.3 Million

Ballymurn-based Hentech Fabrication Ltd., a family-owned steel fabrication firm in County Wexford, Ireland, has been acquired by Hill & Smith, a London-listed steel products group, for €7.3 million. The deal, finalized last week, aims to bolster Hill & Smith’s presence in the growing European data-centre market.

Strategic Acquisition for Growth

According to John Hennessy, founder and former managing director of Hentech, the acquisition will enable the company to accelerate its growth trajectory. “You can only go so far as a family business,” Hennessy stated. “Hill & Smith has great resources, financially as well as advisory.”

About Hentech Fabrication

Hentech Fabrication Ltd. Is an ISO 9001 certified and EN 1090-2 CE marked steel fabricator. The company operates from its facility in Ballymurn, Enniscorthy, Co. Wexford. Contact information for Hentech includes a phone number (053 9138000) and email addresses (officeadmin@hentech.ie, john@hentech.ie, brian@hentech.ie).

Hill & Smith’s Expansion

Hill & Smith, listed on the FTSE 250, is expanding its portfolio of steel products and services. The acquisition of Hentech Fabrication represents the latest investment by the group in companies linked to the data-centre sector in Ireland.

Key Takeaways

• Hentech Fabrication Ltd. Has been acquired by Hill & Smith for €7.3 million.
• The acquisition is intended to support Hill & Smith’s growth in the European data-centre market.
• John Hennessy, Hentech’s founder, believes the deal will facilitate faster growth for the company.
• Hentech is an ISO 9001 certified and EN 1090-2 CE marked steel fabricator.