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Turner Construction plans to acquire Dornan Engineering Group, in a deal still subject to regulatory appro
val. Image: Getty Images
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 “alot to learn from Dornan’s skills in mechanical and electrical work.”
Deputy Editor Richard Korman helps run ENR’s business and legal news and investigations, selects ENR’s commentary and oversees editorial content on ENR.com. In 2023 the American Society of Business Publication Editors awarded Richard the Stephen Barr Award, the highest honor for a single feature story or investigation, for his story on the aftermath of a terrible auto crash in Kentucky in 2019, and in 2015 the American Business Media awarded him the Timothy White Award for investigations of surety fraud and workplace bullying. A member of Investigative Reporters and Editors, Richard has been a fellow on drone safety with the McGraw Center for Business Journalism at the Craig Newmark Graduate School of Journalism at CUNY. Richard’s freelance writing has appeared in the Seattle Times, the New York Times, Business Week and the websites of The Atlantic and Salon.com. He admires construction projects that finish on time and budget, compensate all team members fairly and record zero fatalities or serious injuries.
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