Glanua, a Galway-based water and wastewater engineering company, has acquired UK-based industrial operations and maintenance firm Aqua Operations for an undisclosed sum.

Focus Capital Partners, our Partner in Ireland, advised Glanua in this acquisition.

The group stated that the acquisition would “significantly enhance” its capacity to scale its industrial division business, as well as increase its presence in the UK and expand its workforce to 546 people.

The Loughrea-based company, which has raised almost €40 million from investors in recent years, said it recently received “significant funding” from Rabobank to support its continuing expansion. The company is looking to expand its industrial operations and maintenance services, and said the acquisition would enhance its service offering to a broader client base in both the UK and Ireland.

Following the transaction, Aqua Operations will continue to trade under its current name, and its founder, Jon Waller, will remain in a leading role within the business. There will be no impact on existing jobs in either Glanua or Aqua Operations, with both parties planning to continue expanding their operations and headcount.