2024-07-24 16:31:28
The acquisition of the Ireland-based company will accelerate its strategic growth in Europe.
Didonan Engineering Group (“Dornan” or the “Group”) is pleased to announce that it has completed the acquisition Turner Construction Company (“Turner”) is a specialist mechanical, electrical, instrumentation and commissioning engineering company with offices in Ireland, the UK, Continental Europe and the Nordics, with 12,000 employees and annual revenues of US$18 billion. business and increasingly do business in Europe.
Dornan has more than 1,000 direct employees and expects sales of €700 million this year. The backlog of orders is approximately 1.1 billion euros. Dornan provides complex, large-scale project services to blue-chip clients, primarily in the high-tech sector, including data centers and biopharmaceutical facilities. This area accounts for approximately 85% of Dornan’s orders. The group also carries out major projects for clients in the industrial, healthcare, commercial, aerospace and education sectors.
Dornan is the European advanced technology market leader, while Turner has long been recognized as the leader in this market in North America. Both companies have excellent long-term customer relationships. The merger of Turner and Dornan will create a sizable firm in Europe capable of delivering a broader portfolio of work and a wider range of services.
Turner has expanded its services in Europe and is launching data center projects in the Netherlands and Spain. With Dornan’s complementary services, Turner saw a great opportunity to expand its presence in Europe with new and existing customers.
Peter Davoren, Chairman and CEO of Turner Construction Company, continued, “Donan brings incredible strength to Turner and is a key component of Turner’s strategy for serving clients in need. important parts of.
“Our employees and customers will benefit greatly from Dornan joining the Turner family,” said Dornan Managing Director Brian Acheson. “We will also benefit from Dornan’s greater capabilities as part of a company with more than $18 billion in revenue.” We at Turner will find even more opportunities to grow Dornan and I’m really looking forward to our future together.
“Turnan has identified a $20 billion advanced technology project opportunity in Europe,” continued Mike Kuntz, vice chairman of Turner Construction, adding that Dornan’s employees’ technical expertise, breadth of products, “excellent customer service and shared values” . Making the company an obvious choice for Turner to accelerate growth in the region. “
Information about Dornan Founded in 1966, Dornan is a specialist mechanical, electrical, instrumentation and commissioning construction company with offices in Ireland, the UK, Continental Europe and Northern Europe, with extensive project experience in a variety of sectors. For decades, Dornan has provided complex engineering solutions to some of the world’s most prominent companies. To learn more about Dornan, visit www.dornangroup.com.
Information about Turner Construction Company The company has more than 12,000 employees and completes 1,500 projects worth $18 billion in construction work annually. Our vision is to be the highest quality construction services provider. We serve complex and demanding construction projects of all types and sizes in North America and 30 countries around the world. We want to create a healthy, prosperous and sustainable future for our employees, customers, partners and the planet. We’ve earned our reputation for integrity, safety and driving innovation. The company is committed to creating an environment where employees can do their best, be authentic and are treated with respect and dignity, and is widely regarded as a great place to work. The company is a subsidiary of HOCHTIEF, a global provider of engineering-based infrastructure solutions with leading positions in North America, Australia and Europe and rapid growth in high technology, energy transition and sustainable infrastructure. Turner and HOCHTIEF are part of the ACS Group of companies, which has 140,000 employees worldwide and 2023 sales of €35.7 billion. You can find more information about Turner at: www.turnerconstruction.com.
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