Turner Construction Company has agreed to acquire 100 percent of Dornan Engineering Group, a mechanical, electrical, instrumentation, and commissioning engineering contractor operating in Ireland, the UK, Continental Europe, and the Nordics. This acquisition is pending customary merger control approval in the European Union.
Dornan employs 1,000 people and is expected to deliver around $760 million (€700 million) of work in 2024. The company has a backlog of approximately $1.2 billion (€1.1 billion), primarily from advanced technology sector projects, such as data centers and biopharma facilities, which constitute 85 percent of its backlog. Additionally, Dornan handles projects in the industrial, healthcare, commercial, aviation, and education sectors.
Turner, a leader in advanced technology projects in North America, recognizes Dornan as a significant player in this market in Europe. Both companies maintain strong, long-term client relationships. The merger will create a business of considerable scale in Europe, enhancing the range of services and expanding the portfolio of work.
Turner is currently working on data center projects in the Netherlands and Spain. Dornan’s complementary services present Turner with significant opportunities to grow its presence in Europe, serving both new and existing clients.
Peter Davoren, President and CEO of Turner Construction Company, stated, “Dornan brings incredible strength to Turner and is a key part of our strategy to serve clients wherever their needs are. The combination will enable us to offer a broader range of services and solutions in Europe.”
Brian Acheson, CEO of Dornan, added, “Our clients will continue to receive superior service as we deliver complex technical projects on time and within budget. The increased scale of Dornan as part of Turner will provide more opportunities for our employees. I am genuinely excited about our future together.”
The demand for construction and engineering services across Europe is increasing, driven by the expanding multinational clients of Turner and Dornan. Turner’s global supply chain business, SourceBlue, will support these clients by overcoming supply chain obstacles and enhancing project certainty in schedules, budgets, and outcomes.
Mike Kuntz, Executive Vice President of Turner Construction Company, noted, “Turner has identified $20 billion in advanced technology project opportunities in Europe. Dornan’s technical expertise, range of offerings, excellent client service, and shared values make it the ideal partner for Turner to accelerate growth in the region.”
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By Proptechbuzz
By Ravi Kumar