Both direct employees and subcontractors are included in this. Buttimer Engineering is a multifaceted engineering company with a focus on steel fabrication and bulk material handling systems.

Development Capital, an Irish development and growth capital fund manager established in 2013, made a significant investment in the expansion.

Buttimer Engineering expects to grow significantly during the next several years. raising sales to €65 million from €25 million.

According to the company, its growth goals include the establishment of an electrical engineering branch, the supply of data centre solutions, and the UK ports and infrastructure sector.

According to Fergal Buttimer, CEO of Buttimer Engineering, "Being our first external investor, this investment and collaboration with Development Capital marks a significant milestone for Buttimer Engineering and aligns perfectly with our long-term vision."

Development Capital has now invested over €125 million in Irish SMEs, with Buttimer Engineering being its 15th investment overall and its second in Munster.

"We are happy to finish this investment in Buttimer Engineering," co-founder and development capital partner Andrew Bourg stated.

"Buttimer Engineering is an established and fast-growing business with a clearly defined growth plan that is led by an experienced and ambitious CEO and senior management team," said Bourg.