Suir Engineering has announced the acquisition of Scottish Mechanical & Electrical (M&E) business, Taylor & Fraser, for an undisclosed sum.
The acquisition follows the recent launch of Suir’s first UK offices in London and Manchester as it expands its operations.
Taylor & Fraser, headquartered in Paisley, has been operating as a family-run business for 114 years.
It provides M&E engineering and construction services to a range of public and private sector businesses and organisations.
“The acquisition of Taylor & Fraser is part of our ambitious growth strategy,” said John Kelly, CEO of Suir Engineering.
“The team brings with it a wealth of mechanical and electrical engineering expertise, and an outstanding legacy built over three generations of this highly regarded family business.
“The acquisition strengthens our presence in Scotland and across the UK, allowing us to build on established local market relationships while providing a platform for future growth.
“We now have a UK presence at three key locations and have further plans for expansion in line with the multi-billion-pound market demand that we are seeing in our sector.”
Taylor & Fraser will become a Suir Engineering company but continue to operate under its existing name.
There will be no impact on its 180 employees.
Scott Taylor, director of Taylor & Fraser, said: “We are delighted to become part of a thriving international engineering enterprise that will ensure Taylor & Fraser remains at the heart of providing mechanical and electrical engineering services in the UK for generations to come.
“Our clients have always rightly expected the highest standard of services, and we know that operating within the Suir Engineering group will give clients great confidence that it will be business as usual, and quality of service will be maintained.”
Headquartered in Ireland and operating across Europe, Suir Engineering reported turnover of €429 million in 2023.
The business continued to grow throughout 2024 and is forecasting revenues of €550 million for 2025, driven by the Taylor & Fraser acquisition, a strong project pipeline and talent acquisition.
It estimates €180 million of revenue is expected to come from data centre projects, a key area of growth for the business.
Kelly said: “By the end of 2025 we anticipate that Suir Engineering will already be among the top ten mechanical & electrical (M&E) contractors in the UK by revenue.
“The UK presents huge opportunities in two of our four specialist sectors, data centres and energy, power and renewables, and it is one of the biggest data centre territories in Europe.
“The recent Critical National Infrastructure designation highlights the fundamental importance of data centres to the UK government, the local economy and society, generating billions of pounds in revenue each year.”
Suir Engineering employs more than 1,600 people across Ireland, the UK, Germany, Denmark and Sweden.
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