Turner, of ACS Groupobtain permission from European Commission acquire Dornan Engineering Holdings Limitedan Irish construction company engaged “in the provision of mechanical and electrical engineering services”, as reported by the Community authorities. Turner is the subsidiary of the Spanish company in USA.
Dornan is an Ireland-based company providing specialist services in engineering and construction and is primarily engaged in construction and installation projects in the energy, infrastructure, technology and healthcare sectors, with a focus on mechanical and electrical installations.
The company has an international presence and has worked on major projects, such as the construction of power plantsdata centers, hospitals and industrial plants.
Dornan’s experience covers areas such as HVAC (heating, ventilation and air conditioning), plumbing systems, electrical and telecommunications installations, among others. Furthermore, the Irish company is recognized for its ability to manage complex projects, with a focus on quality and safetyand is a major player in the facilities engineering sector in Europe and beyond.
ACS acquires Dornan
“The European Commission has approved, in accordance with EU Merger Regulationthe acquisition of exclusive control of Dornan Engineering Holdings Limited (Dornan) of Ireland by The Turner Corporation (Turner) of the United States,” explains Brussels in a press release.
The Commission concluded that the notified operation would not raise any problems of skill“since the companies do not operate in the same market or in vertically linked markets,” he says. The notified transaction” was examined according to the simplified procedure of merger review“.
Dornan, with approx. 1,000 direct collaboratorswill generate around 760 million dollars (700 million euros) of work during 2024.
Additionally, the company has a portfolio of ongoing projects valued at approximately $1.2 billion (1.1 billion euros) and specializes in large-scale, complex projects.
This news appears a month later European Commission approve the acquisition of Yorizona start-up that “is primarily active in the data processing, hosting and related activities sector”, per Hochtiefalso from the ACS group.
Hochtief is one of the largest construction companies in the world. The company specializes in projects infrastructureincluding roads, bridges, tunnels, airports and large-scale buildings.
Although it is a subsidiary of ACS, it operates globally, with a significant presence in EuropeNorth America, Asia-Pacific and Middle East. The company is known for its involvement in some of the largest and most complex construction projects in the world.
