METS

Abigroup buys HWE engineering arm

HENRY Walker Eltin (HWE) administrator, McGrath Nicol & Partners (MNP), has sold off its third asset since taking over the management of the troubled contractor in late January, selling Simon Engineering to Abigroup for an undisclosed sum.

Emily Roberts

Abigroup buys HWE engineering arm

All Simon Engineering jobs will be transferred to Abigroup’s wholly-owned subsidiary Abigroup Asset Services (AAS), securing about 1100 jobs. “[The administrator] had a fairly good idea from the outset...

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