Galway-headquarterd engineering company Glanua has acquired UK-based Marches Biogas, an engineering and services firm that specialises in anaerobic digestion and biogas production.
Glanua, which is based in Loughrea, provides solutions to design, build and deliver critical water, wastewater and energy infrastructure across Ireland and the UK.
The financial details of the deal were not disclosed.
"This acquisition strengthens our position in the UK and aligns with our growth strategy and our sustainability goals," said Karl Zimmerer, Group Managing Director of Glanua.
"It expands our capabilities, broadens our customer base, and enables us to better serve industrial clients who increasingly require anaerobic digestion solutions, while also opening the door to new opportunities in the municipal market.
"This acquisition highlights our commitment to advancing the circular economy by transforming organic waste into renewable energy through anaerobic digestion technologies," he added.
Keith Knight, Director at Marches Biogas, said they are pleased to be joining Glanua.
"Marches Biogas has a long history of providing excellent anaerobic digestion and biogas engineering technologies and services and we look forward to both continuing to serve our existing clients and growing our client base within the Glanua Group," he said.
The acquisition comes after Glanua recently announced it had received significant funding from Rabobank to support its continuing expansion.
It also follows a period of growth for Glanua in the past 18 months following the rebranding of the company to Glanua in July 2023.
Total revenue in Glanua amounted to €97m in 2022 and increased to €150m in 2023.
The group's long-term strategic plan is to grow turnover to €400m by 2028.
Glanua’s clients include Uisce Éireann, Thames Water, Yorkshire Water, Northern Ireland Water, Kerry Group, Glanbia and ABP.
