International consulting engineering practice, Byrne Looby Partners today formally announced its acquisition of PH McCarthy, as part of an on-going expansion programme.
The expansion is focussed on a take-over of water infrastructure projects valued at over E420 million. As part of its future plans, the company is expected to make a further jobs announcement in the coming weeks.
The Irish headquartered company, which operates across Europe, North Africa and the Middle East, will oversee the development of 56 separate water projects, involving 17 local authorities in Ireland.
As part of the take-over, Byrne Looby Partners has acquired the PH McCarthy practice. Established over 100 years ago by Patrick Harnett McCarthy, Byrne Looby Partners aims to continue PH McCarthy’s legacy as Ireland’s best-in-class water infrastructure engineering consultants.
Making the announcement today, Byrne Looby said the take-over was integral to its expansion phase and reflects its ambition of becoming the premium water engineering specialists in Ireland.
Michael Looby, Managing Director, Europe, Middle East and North Africa, Byrne Looby Partners said:
‘The take-over of these 56 projects represents a phase of expansion for the company. From our local and international experience, we see a great opportunity for the future of water in Ireland, which has been accelerated by the creation of Irish Water. Real cost-saving efficiencies can be achieved by specialist water engineering expertise in Ireland.
‘By working in partnership with local authorities we are delivering projects of social and environmental significance to the counties concerned, particularly given the importance of quality water infrastructure services to local jobs and households.
‘The incorporation of the PH McCarthy practice into our business reflects our belief in the goodwill this business has built up over its 100 years in existence. Its ethos syncs well with our own and we look forward to the new dimension it brings to the Group.
‘We plan to expand our water offering further and details of this will be outlined in the months ahead,’ Mr Looby concluded. Business World