Turner Construction, a construction management company, has acquired Dornan Engineering Group.
The agreement to acquire 100% of Dornan is subject to the customary merger control approval process in the European Union.
Turner’s 12,000 employees complete US$18 bn annually and is the largest building contractor in North America with a growing presence across Europe.
Dornan delivers services on complex large-scale projects for blue-chip clients
Dornan Engineering Group is a specialist mechanical, electrical, instrumentation and commissioning engineering contractor with operations across Ireland, the UK, Continental Europe and the Nordics, with major project experience across a wide range of sectors.
The Ireland-based company has over 1,000 direct employees and expects to deliver €700 m (Euros) of turnover this year. It has a backlog of approximately €1.1 bn.
Primarily, Dornan delivers services on complex large-scale projects for blue-chip clients in the advanced technology sector, including data centres and biopharma facilities.
Dornan delivers services for the advanced technology sector, including data centres and biopharma facilities
This sector represents approximately 85% of Dornan’s order book. However, Dornan also delivers key projects for clients in the industrial, healthcare, commercial, aviation, and education sectors.
Dornan is a leader in the advanced technology market in Europe and Turner is long recognised as a leading player in this market in North America. Both companies have well-established long-term client relationships.
The combination of Turner and Dornan creates a business of significant scale in Europe with the ability to deliver an increased portfolio of work and a wider range of services.
The agreement to acquire 100% of Dornan is subject to the customary merger control approval process in the EU
Turner has expanded its service offering in Europe and is working on data centre projects in the Netherlands and Spain.
Through the complementary services of Dornan, Turner sees a significant opportunity to expand its presence in Europe with new and existing clients.
Peter Davoren, President and CEO of Turner Construction Company, said: “Dornan brings incredible strength to Turner and is an important part of Turner’s strategy to serve clients wherever their needs are.”
“The combination of Turner and Dornan will enable us to offer a broader range of services and solutions that our clients seek in Europe,” Davoren concluded.
The combination of Turner and Dornan will enable us to offer a broader range of services and solutions that our clients seek in Europe
Brian Acheson, CEO of Dornan, said: “Our employees and clients will benefit greatly as Dornan joins the Turner family of businesses. Our 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 strength of Dornan as part of a company with over $18 billion of turnover. Similarly, our employees will find increased opportunity provided by Turner to grow Dornan. I am genuinely excited and really looking forward to our future together,” Acheson concluded.
Top image: Dornan employees working on a project