Industry & Business

Sisk and Designer Group to Establish New Joint Venture

 Breaking News
  • Sisk Reports Strong Performance For 2018 Sicon Limited, which is the holding company for Sisk’s construction and construction related activities in Ireland, the United Kingdom and a number of international markets, has reported a 24% increase in turnover to just under €1.2 billion and a pre-tax profit of €28.3 million for the year ended 31 December 2018. Over 97% of the [...]...
  • Ireland’s Most Energy Efficient Residential and Commercial Building Projects Honoured at 2019 ISOVER Awards Simply Architecture, and their new build residential project – ‘The Fairways’ in Cork – has been named the winner of the 2019 Overall ISOVER Award, as well as Designer of the Year 2019, at the third ISOVER Awards. The awards ceremony, which took place recently at the Smock Alley Theatre in Dublin, saw over 100 [...]...
  • Premium Products and Value Prices a Hit With Grocery Shoppers The latest figures from Kantar show that overall the Irish grocery market grew by 4.2% over the 12 weeks to 19 May 2019, with Dunnes Stores holding off the challenge of Tesco and retaining pole position. Respective growth of 12.6% and 5.9% for Aldi and Lidl means that the retailers’ combined grocery market share stands [...]...
  • Strencom Acquires Leading Irish Security Company Baker Security & Networks Strencom, the Irish managed connectivity and cloud computing provider, has acquired managed network and cybersecurity company, Baker Security & Networks. The deal will bolster Strencom’s security and networking offering and further the company’s ambition to achieve annual recurring revenue of €50 million. Established in 2000, Strencom provides managed connectivity, unified communications and managed cloud hosting services to [...]...
  • New Report on Customer Experience Sector in Ireland IDA Ireland has launched a new report detailing the extent to which 5,000 jobs in the Customer Experience (Cx) sector in Ireland will be affected by technological and generational forces over the coming years. The document sets out a vision for Irish operators in the Cx sector that urges them to remain competitive by focusing [...]...

Sisk and Designer Group to Establish New Joint Venture

Sisk and Designer Group to Establish New Joint Venture
January 02
09:53 2019

John Sisk & Son (Sisk), Ireland’s leading provider of construction services, and Designer Group, the Dublin headquartered, international electrical and mechanical engineering business, have agreed to form a joint venture. Subject to approval from the Competition and Consumer Protection Commission, Sisk will acquire, for an undisclosed consideration, a 50% holding in Designer Group’s Facilities Management business, a subsidiary of Designer Group and a premier supplier of integrated property facility management services to leading organisations across both public and private sectors in Ireland.

Stephen Bowcott, Chief Executive of Sisk.

Following completion of the transaction, a new brand and identity for the business will be established in early 2019. The joint venture business will be positioned to deliver a fully integrated facility management service to both the extensive customer bases of Sisk and Designer Group, and to new customers. The development is a significantly positive one and clearly complements the strategic focus of both Sisk and Designer Group.

Stephen Bowcott, Chief Executive of Sisk, commented: “We are delighted to announce an important joint venture that will have the capability, credibility and financial strength to deliver fully integrated facility management services to both existing and new customers in the Republic of Ireland. The newly branded venture will be a dynamic business providing a top-level service to address the changing needs of building users, which includes everything from minor works to facilities upgrading and maintenance. In developing this business, Sisk and Designer Group are committed to investing in the latest diagnostics and digital applications to drive the most efficient use of these services to our customers.”

Michael Stone, Chief Executive of Designer Group.

He added: “Importantly, the joint venture enables us to enhance our long term professional relationships with many of Ireland’s leading businesses.”

Michael Stone, Chief Executive of Designer Group, said:  “We are ambitious for and see real possibilities in the facilities management sector in Ireland. This partnership and joint venture with Sisk will create a business that delivers hard facility services of fabric maintenance and engineering services, including minor works to clients throughout the Republic of Ireland.  We’re looking forward to an exciting period where we will have the capacity and platform to offer and provide these large-scale maintenance contracts within the public and private sectors to both leading national and international organisations.”

About Author

admin

admin

Related Articles

New Subscriber

Subscribe Here



Advertisements





















National Manufacturing Conference & Exhibition 2018

NIBRT Springboard Success Stories



Upcoming Events

  • No upcoming events
AEC v1.0.4