Turner Construction Co. plans to expand its presence and services in Europe with the acquisition of Dornan Engineering Group, an electrical and mechanical engineering specialist based in Ireland that works across the continent.
The deal, the price of which was not disclosed, is subject to regulatory approval.
US-based Turner, ranked No. 1 on ENR’s Top 400 Contractors list, posted revenue of $17.1 billion in 2023, with $666 million coming from non-domestic operations.
Dornan is owned by some of its top executives and expects to report revenue in 2024 of about $760 million, according to a statement issued by Turner. Employing 1,000 people, the Cork-based company has a significant portfolio that includes industrial projects such as data centers and biopharmaceutical facilities.
In 2019, Turner acquired Real PM, a UK-based project and program management consultancy.
The Dornan deal will add another dimension to Europe for Turner and its German-based parent company Hochtief.
“Our employees and customers will benefit greatly as Dornan joins the Turner family of companies,” Dornan CEO Brian Acheson said in the announcement. Mike Kuntz, Turner’s executive vice president, said the contractor “has identified $20 billion of advanced technology project opportunities in Europe.”
The transaction “is a growth opportunity for Turner and Dornan in Europe,” says Turner spokesman Christopher McFadden, who adds that the contractor has “much to learn from Dornan’s skills in mechanical and electrical work”.
