Morrisroe confirmed it has acquired a majority shareholding in Cantillon to allow it to provide a full demolition and basement box solution in house.
Brian Morrisroe, CEO Morrisroe Group said: “This broadens the scope of services the we can provide in-house and builds on our reputation for delivering complex and challenging demolition and sub structure works in City Centres.
“The acquisition is a significant addition for us and good news for the market. I believe our clients will benefit from the greater integration of contractor specialisms from the early project planning stages through to execution in the field.
“The Morrisroe Group is now positioned as one of the leading specialists in the sector and I am looking forward to welcoming the Cantillon team and its clients to our group.”
Cantillon chairman Mike Cantillon said: “Today is a landmark moment for the business my parents founded 50 years ago.
“Joining the Morrisroe Group will strengthen our capability and will open up new and exciting opportunities.
“I am confident that under the Morrisroe Group the legacy of the Cantillon brand will continue well into the future.”