Ayesa buys Irish-UK engineering consultancy Byrne Looby – Ground Engineering

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04 February, 2022 By Thames Menteth
Spanish engineering and technology services firm Ayesa has acquired Irish-UK engineering consultancy Byrne Looby for an undisclosed amount.
Ayesa has bought Byrne Looby in a bid to expand into English-speaking markets where major national infrastructure plans are in place, such as Ireland, the UK, US and Australia, along with the Middle East.
As one of the world’s largest engineering firms and a provider of technology services, such as artificial intelligence, data analytics, cybersecurity and cloud computing, Ayesa employs more than 5,400 people in 17 countries across Europe, Latin America, Asia and the Middle East.
The acquisition is expected to boost Ayesa’s annual revenues of €256M (£215M) by around €24M (£20.15M).
Commenting on the announcement, Ayesa CEO José Luis Manzanares Abásolo said: “Byrne Looby and Ayesa are fully united in their passion for finding the best solutions to the world’s greatest engineering and technical challenges, making our businesses a perfect fit for each other.
“Looking forward, the robust scale of Ayesa internationally and the sophisticated resources and infrastructure that underpin our business across each market will enable Byrne Looby to grow at an accelerated pace, thus realising the full potential of the Byrne Looby business and its team of industry renowned professionals.”
Byrne Looby managing director John Byrne said: “This transaction brings two highly complementary businesses together and represents a significant expansion to our service offering in ByrneLooby.
“We are hugely excited to join one of the world’s biggest engineering and technology firms and our aim now is to drive significant growth for Ayesa across our core markets through our blended capabilities and expertise, leveraging Ayesa’s market-leading reputation.”
Byrne Looby’s management team will remain in place following the transaction. The business will continue to grow its wider team of professionals across Ireland, the UK and the Middle East, in line with its ambitious growth plans.
Founded in 1998, Byrne Looby now employs more than 225 professionals in 14 offices across Ireland, the UK and the Middle East. These professionals provide engineering and design services covering a number of specialist sectors including marine and coastal, buildings, transportation, energy, environment, water and waste management.
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