Turner Construction Expands in Europe With Buy of Irish Engineer
Turner Construction Co. plans to expand its footprint and services in Europe with the acquisition of Dornan Engineering Group, an Ireland-based specialist in electrical and mechanical engineering and advanced technology construction that works throughout the continent.
The deal, whose price was not disclosed, is subject to regulatory approval.
U.S.-based Turner, ranked No. 1 on the ENR Top 400 Contractors list, reported 2023 revenue of $17.1 billion, with $666 million coming from non-domestic operations.
Dornan is owned by some of its senior managers and expects to report 2024 revenue of about $760 million, according to a statement issued by Turner. With a staff of 1,000, the Cork-based firm has a substantial portfolio that includes industrial projects such as data centers and biopharmaceutical facilities.
Turner in 2019 acquired Real PM, a UK-based project and program management consultant.
The Dornan deal will add another dimension in Europe for Turner and its Germany-based parent company, Hochtief.
"Our employees and clients will benefit greatly as Dornan joins the Turner family of businesses," said Dornan CEO Brian Acheson in its announcement. Mike Kuntz, Turner 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 Christopher McFadden, a Turner spokesman, who adds that the contractor has "a lot to learn from Dornan's skills in mechanical and electrical work."
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