Turner Finalizes Acquisition of Dornan Group
Turner Construction Company, a global leader in construction services, is excited to announce the successful completion of its acquisition of Dornan Group, an Irish-headquartered specialist contractor in mechanical, electrical, instrumentation, and engineering services. This acquisition marks a significant milestone in the growth and expansion strategies of both Turner and Dornan, reinforcing their shared commitment to excellence and enhancing their capabilities to serve clients across Europe, particularly in the rapidly expanding advanced technology sector.
The acquisition, which has been nearly a year in the making, signifies a partnership built on mutual respect and aligned values. From the very beginning, Turner and Dornan found common ground in their dedication to people-first principles, operational excellence, sustainability, and integrity. These shared values formed a strong foundation for the merger, allowing both companies to align their long-term goals towards building a healthy, sustainable, and prosperous future for employees, clients, and communities alike.
Peter Davoren, Chairman and CEO of Turner Construction Company, emphasized the importance of cultural alignment in a successful partnership. “Our cultural alignment is key to forming a partnership that is about building something greater together,” Davoren stated. “Dornan brings incredible strength to Turner, and this partnership uniquely positions us to serve our global clients better – particularly in the rapidly expanding advanced technology market.”
Brian Acheson, CEO of Dornan Group, echoed this sentiment, describing the acquisition as a monumental step forward for both organizations. “Joining the Turner family is a momentous occasion for Dornan,” Acheson said. “This partnership is a growth opportunity for both companies. It enables us to extend our geographic reach and expertise, serve our clients better, and create exciting opportunities for our talented people working on some of the largest and most complex construction projects in Europe.”
With this acquisition, Dornan will benefit from Turner’s extensive general contracting experience, which will allow both companies to offer cutting-edge end-to-end solutions for their global clients. Dornan’s specialization in mechanical, electrical, instrumentation, and engineering, combined with its strong track record of executing large-scale technical projects, will significantly enhance Turner’s capabilities. The partnership creates an opportunity for both firms to expand their service offerings and deliver more comprehensive, integrated solutions to address the growing demands of advanced technology markets in Europe.
Together, Turner and Dornan form a powerful combined entity, with Turner’s $33 billion in backlog and Dornan’s €1.6 billion in backlog. This collaboration will provide both companies with a broader range of resources, a more extensive portfolio of projects, and enhanced capabilities to deliver innovative, sustainable solutions that meet the needs of their clients. This combined strength will further position them to lead the way in delivering complex projects in Europe and around the world.
As part of the acquisition, Dornan will continue to operate under its established brand name, “Dornan – A Turner Company.” The leadership team of Dornan will remain in place to ensure a smooth transition and continuity for employees, clients, and partners. This continuity ensures that Dornan’s expertise and reputation for excellence will remain central to the company’s ongoing success while benefiting from the expanded resources and reach that Turner brings to the table.
The strategic focus behind this acquisition aligns with Turner’s global growth ambitions, particularly in the advanced technology sector. The collaboration with Dornan will allow Turner to tap into the exciting opportunities presented by this market. The companies have already identified over $20 billion in potential projects across Europe, and they are well-positioned to capitalize on this growing demand for high-tech construction solutions.
In addition to its focus on growth in Europe, continues to lead in North America, ensuring that its global footprint remains strong while expanding its services in new and emerging markets. This acquisition of Dornan serves as a key step in strategy to extend its leadership position in the global construction market by enhancing its capabilities and market presence in Europe.
Both Turner and Dornan are confident that this acquisition will provide significant value to their clients, employees, and stakeholders. By combining their strengths, Turner and Dornan will create a stronger, more diversified company that is better equipped to meet the challenges of the modern construction industry and deliver world-class services across a range of markets.
As work together to expand their influence in Europe, they remain committed to their shared values of operational excellence, sustainability, and innovation. Through this partnership, they are poised to shape the future of construction and continue to provide exceptional value to their clients and communities for years to come.
In conclusion, the successful closing of Construction Company’s acquisition of Dornan Group represents a significant step forward in the companies’ growth strategies. This partnership brings together two industry leaders, with complementary strengths, to create a dynamic and powerful force in the global construction market. By combining their resources, expertise, and commitment to excellence, Turner and Dornan are poised for continued success in Europe and beyond.
