Turner Construction has announced that it will acquire the shares of Ireland’s Dornan Engineering for an unspecified amount.
Turner hopes the deal will allow ity to attract blue-chip clients in the advanced technology sector, including data centres and biopharma facilities, across Ireland, the UK, continental Europe and Scandinavia. It is already working on similar schemes in the Netherlands and Spain.
Dornan was founded in 1966 and has 1,000 employees. It also has a backlog of orders worth an estimated $1.2bn, and is on course to deliver work worth $760m in 2024. The company also operates in the industrial, healthcare, commercial, aviation and education sectors.
Brian Acheson, Dornan Engineering’s chief executive, said: “Clients will continue to enjoy the same level of superior service as we deliver complex technical projects within time and on budget.
“They will also benefit from the increased scale of Dornan as part of a combined group with over $18bn of turnover.”
Mike Kuntz, Turner Construction’s executive vice president, said: “Turner has identified $20bn of advanced technology project opportunities in Europe.”
Turner is a subsidiary of German contractor Hochteif, which is controlled by Spanish contractor ACS. The transaction is subject to the EU’s merger rules.
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