Irish-UK engineering specialist snapped up by Spanish giant – New Civil Engineer

03 Feb, 2022 By Rob Horgan
Spanish engineering giant Ayesa has acquired ByrneLooby as it aims to “significantly increase” its footprint in the UK and Ireland.
Founded in 1998, ByrneLooby employes more than 225 professionals in 14 offices across Ireland, the UK and the Middle East.
The firm covers a number of specialist sectors including marine and coastal, buildings, transportation, energy, environment, water and waste management.
It has been involved in a number of flagship projects such as Heathrow Expansion plans, The Shard and Dublin’s Aviva Stadium.
Ayesa, headquartered in Spain, employs over 5,400 people in 17 countries across Europe, Latin America, Asia and the Middle East, and has a turnover of approximately €256M (£213M).
Ayesa recently announced a major investment from A&M Capital Europe (“AMCE”), aimed at enabling the business to pursue an ambitious international growth plan which includes the doubling of its turnover in the next five years.
Ayesa chief executive José Luis Manzanares Abásolo said: “ByrneLooby 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 ByrneLooby to grow at an accelerated pace, thus realising the full potential of the ByrneLooby business and its team of industry renowned professionals.”
ByrenLooby managing director John Byrne added: “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.”
ByrneLooby’s management team will remain in place following the transaction. The value of the takeover remains undisclosed.
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