Advertisement
News

Cavan-based engineering business acquired by global telecommunications company

May 10, 2022 16:08 By News Northern Sound
Cavan-based engineering business acquired by global telecommunications company
Share this article

Obelisk was founded in 1996 and currently employs around 250 people.

A Cavan-based engineering business has been acquired by a leading company in the global telecommunications and energy networks engineering sector.

Obelisk's CEO, Ronnie Delaney, says the move marks a "new chapter in Obelisk's growth".

The company has been acquired by Constructel Visabeira, which has a projected annual turnover in excess of €1 billion.

Advertisement

It will provide Obelisk with access to new markets, including the US, the UK, and European countries including France, Germany, and Italy.

Obelisk was founded in 1996 and currently employs around 250 people.

Ronnie Delaney says Obelisk is "now well positioned to accelerate new growth opportunities and to continue investing and expanding its workforce across the UK and Ireland".

Share this article
Advertisement
Advertisement

NorthernSound Newsletter

Sign up now to keep up to date with the latest news.

Processing your request...

You are subscribed now! please check your email to confirm your subscription.

Copyright © 2024 Northern Sound FM. Developed by Square1 and Powered by PublisherPlus