Irish construction firm Sisk has acquired Farrans Construction in NI for an undisclosed sum
Irish construction firm John Sisk & Son has announced it’s reached an agreement to acquire Farrans Construction.
Farrans is a major Northern Ireland-based, building and civil engineering contractor, with 625 employees, delivering projects in core sectors including aviation, water and renewable energy in Ireland and the UK.
As part of the sale, which is subject to relevant regulatory approval, the Farrans business will continue to trade under its own brand, and all project operations will continue as normal. The consideration will not be disclosed.
Sisk is Ireland’s largest construction and civil engineering company, operating across Ireland, the UK and Europe.
Farrans is being sold by Irish giant CRH plc.
The businesses said that “the coming together of these two successful contracting businesses will unlock new opportunities for delivering major infrastructure projects across the UK and Ireland”.
Paul Brown, CEO of Sisk, said: “The acquisition of Farrans represents an excellent opportunity for Sisk to broaden its sectoral reach across the UK and Ireland. Their strong reputation and track record in delivering complex infrastructure projects aligns well with our strategic growth ambitions.
“This acquisition creates significant opportunity to capitalise on the growing aviation, energy, water and utility sector markets, leveraging the combined capability and highly skilled workforce.”
Dominic Lavery, Farrans managing director said: “This is a positive development for Farrans, and we believe that Sisk is the right strategic fit for our business as we look to the future.
“We’re pleased that Farrans’ people, culture, and brand will be retained, and we look forward to working together to deliver for our clients across the UK and Ireland.”
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