Irish construction firm Sisk has reached an agreement to acquire Farrans Construction, a Northern Ireland-based building and civil engineering contractor active in multiple sectors, including renewable energy.
The transaction, which remains subject to regulatory approval, will see Farrans continue to operate under its existing brand, with ongoing project operations unaffected. Financial details of the deal were not disclosed.
Farrans has established a presence in the UK renewables sector, having secured contracts on several onshore wind projects such as RWE’s 63-megawatt (MW) Golticlay wind farm in Caithness, Scotland, and ScottishPower Renewables’ Arecleoch and Kilgallioch wind farm extensions.
Sisk, Ireland’s largest construction and civil engineering company, said the acquisition aligns with its strategic ambitions and will create opportunities for expansion in infrastructure delivery across the UK and Ireland.
“The acquisition of Farrans represents an excellent opportunity for Sisk to broaden its sectoral reach across the UK and Ireland,” said Paul Brown, chief executive of Sisk. “Their strong reputation and track record in delivering complex infrastructure projects aligns well with our strategic growth ambitions.”
Farrans is being acquired from international building materials supplier CRH.
“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,” said Dominic Lavery, managing director of Farrans. “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.”
