Sisk swoops to buy Farrans from CRH

Sisk swoops to buy Farrans from CRH
John Sisk & Son has struck a deal to acquire Farrans Construction from building materials provider CRH.
Sisk said the move brought together two strong contracting brands that would unlock fresh opportunities for delivering major infrastructure projects across the UK and Ireland.
Northern Ireland-based Farrans employs 625 staff and delivers projects in aviation, water and renewable energy across the UK and Ireland.
It will continue to trade under its own brand, with all project operations carrying on as normal.
The deal remains subject to regulatory approval and the price has not been disclosed.
Paul Brown, chief executive 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, managing director of Farrans, 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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