Sisk swoops to buy Farrans from CRH

Sisk stated the transfer introduced collectively two robust contracting manufacturers that might unlock recent alternatives for delivering main infrastructure tasks throughout the UK and Eire.

Northern Eire-based Farrans employs 625 employees and delivers tasks in aviation, water and renewable vitality throughout the UK and Eire.

It would proceed to commerce below its personal model, with all undertaking operations carrying on as regular.

The deal stays topic to regulatory approval and the value has not been disclosed.

Paul Brown, chief govt of Sisk, stated: “The acquisition of Farrans represents a superb alternative for Sisk to broaden its sectoral attain throughout the UK and Eire.

“Their robust status and observe file in delivering complicated infrastructure tasks aligns properly with our strategic progress ambitions.

“This acquisition creates vital alternative to capitalise on the rising aviation, vitality, water and utility sector markets, leveraging the mixed functionality and extremely expert workforce.”

Dominic Lavery, managing director of Farrans, stated: “This can be a constructive growth for Farrans, and we consider that Sisk is the correct strategic match for our enterprise as we glance to the longer term.

“We’re happy that Farrans’ individuals, tradition, and model can be retained, and we look ahead to working collectively to ship for our shoppers throughout the UK and Eire.”