New York-based Turner Construction Co. has closed its acquisition of Irish engineering and contracting firm Dornan Group, the company announced Jan. 7.
The deal increases Turner’s presence in Europe and increases its capabilities. And the contractor, which ranks first in ENR’s top 400 contractors with revenue of $17.1 billion in 2023, including $666.6 million in international revenue, says Dornan’s portfolio of work grew from 1,100 million euros at the time the purchase was announced last July at €1.6. billion today. His own portfolio is over $33 billion.
The companies did not disclose terms of the deal.
In addition to Ireland, Dornan has offices in the UK, the Netherlands, Belgium, Denmark, Sweden, Germany and Switzerland. He specializes in mechanical, electrical and instrumentation work.
“Dornan brings incredible strength to Turner, and this partnership uniquely positions us to better serve our global customers, particularly in the rapidly expanding advanced technology market,” said Peter Davoren, Turner’s president and CEO, in a communicated
The closing comes after Turner announced in November a leadership restructuring aimed at growth in sectors such as data centers, semiconductors, energy transition, industrials and biopharmaceuticals. At the time, company leaders said the Dornan purchase would support an expansion of its services into new markets and customers.
According to the announcement, Dornan will retain his current leadership team and brand as a Turner company.
Turner is a subsidiary of Hochtief Group.
