Taylor and Fraser’s Post

Suir Engineering acquires 114-year-old M&E firm Taylor & Fraser, headquartered in Paisley, will become a Suir Engineering company but continue to operate under its existing name. Rory Butler https://lnkd.in/gzG-qc8y

Waterford’s Suir Engineering has announced the acquisition of Taylor & Fraser, a leading mechanical and electrical engineering business operating in Scotland for over 100 years. The news follows the recent launch of Suir Engineering’s first UK offices in London and Manchester as it expands its operations, and customer base, in the UK market. Suir’s latest acquisition, along with a strong stream of projects, will help push the Irish company’s revenue to €550 million this year, the company forecasts. #IrelandSouthEast #Engineering https://lnkd.in/eY5NfC7U

Suir Engineering has snapped up a Scottish rival in a move that will help boost revenue to €550 million this year. Irish-headquartered mechanical and electrical contractor Suir recently opened its first British offices in Manchester and London. The company confirmed on Tuesday that it has bought Paisley, west of Scotland-based Taylor & Fraser, bolstering its ability to serve clients in Britain. Suir’s latest acquisition, along with a strong stream of projects, will help push the Irish company’s revenue to €550 million this year, the company forecasts. Its turnover reached €429 million in 2023 while it has yet to publish figures for last year. https://lnkd.in/eMhvh3n4

Contollo Group, a new building consultancy, is continuing to implement its growth strategy with the acquisition of Mechanical, Electrical and Public Health (MEP) Engineering services company, ESP. Contollo Group, a new building consultancy, is continuing to implement its growth strategy with the acquisition of Mechanical, Electrical and Public Health (MEP) Engineering services company, ESP.

Waterford headquartered Suir Engineering has acquired Scottish mechanical and electrical engineering business Taylor & Fraser for an undisclosed amount, expanding its UK presence to three locations

Suir Engineering, backed by private equity, acquires Scottish M&E contractor Taylor & Fraser, aiming to secure a spot among the UK's top 10 specialist contractors. With a rich history spanning 118 years, Taylor & Fraser, based in Paisley, boasts a turnover of approximately £38m and a £1.4m profit. As part of the acquisition, Taylor and Fraser will operate under the Suir Engineering umbrella while maintaining its name and retaining its 180-strong workforce. Suir Engineering, headquartered in Ireland and active across Europe, reported a turnover of €429m in 2023, projecting a significant growth to €550m in 2025, fueled by the recent acquisition, a robust project portfolio, and strategic talent recruitment. John Kelly, CEO of Suir Engineering, expressed enthusiasm for the strategic move, foreseeing a top-tier position in the UK's #mechanical & #electrical contracting sector by 2025. Highlighting the vast opportunities in data centers and energy sectors, Kelly emphasised the expertise Taylor & Fraser brings, spanning three generations of excellence. Kelly noted that the acquisition enhances Suir Engineering's footprint in Scotland and the UK, aligning with their expansion plans to meet the escalating market demands. The recent establishment of offices in London and Manchester signifies Suir Engineering's commitment to broadening its UK operations and clientele. #ScottTaylor, director of Taylor & Fraser, expressed excitement about the integration into Suir Engineering, emphasising the continuity of quality M&E services in the UK under the new ownership. This strategic move solidifies Suir Engineering's position as a key player in the UK's engineering landscape, poised for sustained growth and success. Read more: [https://lnkd.in/e-WQ-9pS]

Suir Engineering Ltd, one of Europe’s fastest-growing engineering services providers, has announced the acquisition of Taylor & Fraser, a mechanical & electrical engineering business operating in Scotland for more than 100 years.

Ireland's Suir Engineering announced the acquisition of Paisley-based Taylor & Fraser, a leading mechanical & electrical engineering business operating in Scotland for more than 100 years. https://lnkd.in/eNjtym3m

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Since 2002, the Caterpillar Trimble Control Technologies (CTCT) joint venture has promoted grade control technology for construction machinery. The renewed agreement will offer more customers broader availability of interoperable grade control solutions via a platform for use by Caterpillar, Trimble and other technology providers and equipment manufacturers. Trimble president and CEO Rob Painter said: “Trimble's Connect & Scale strategy has created an ecosystem that empowers customers across both the physical and digital worlds. The next phase of our joint venture will drive innovation in grade control technology to expand the industry opportunity with localized and differentiated solutions while improving technology interoperability. This partnership underscores a joint commitment to connect the office and the field throughout the design-build-operate lifecycle of construction projects.” Caterpillar Construction Industries group president Tony Fassino added: "Caterpillar and Trimble have a long history of innovating together. We are proud of what we’ve developed to help customers optimize their operations, including grade control. Today’s announcement is a continuation of this collaboration. With a focus on accelerating this leading-edge technology, we are committed to making it easier for customers to acquire and adopt our solutions across Cat and mixed fleets alike."