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Two of Ireland’s biggest construction companies, Sisk from the republic and Farrans from North Ireland, are set to combine.
John Sisk & Son has agreed a deal with materials giant CRH to take contracting business Farrans Construction off its hands. The price has not been disclosed.
CRH has had Farrans up for sale since December 2022.
The sale, which remains subject to regulatory approval, is expected to see all 625 Farrans employees moving to Sisk. Sisk said that the Farrans business will continue to trade under its own brand and all project operations will continue as normal.
Sisk chief executive Paul Brown 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.”
Farrans managing director Dominic Lavery 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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