Construction BUSINESS

Irish Company Actavo Expands Into U.S.

 Breaking News
  • Government Funding of €10 Million For Energy Efficiency Design Projects The Sustainable Energy Authority of Ireland (SEAI) is now accepting applications from organisations planning an investment in a new design project or major energy upgrade. The Minister for Communications, Climate Action and Environment Denis Naughten TD, secured an allocation of €10 Million in Budget 2018 for the Excellence in Energy Efficient Design (EXEED) programme. The €10 million allocation will be used to [...]...
  • Minister for Housing, Planning and Local Government to Open National Construction Summit – 2nd May, 2018 – Citywest Convention Centre, Dublin Eoghan Murphy TD, the Minister for Housing, Planning and Local Government, will make the opening address at the 2018 National Construction Summit, being held on Wednesday, 2nd May at the Citywest Convention Centre, Dublin. The 2018 National Construction Summit is expected to attract more than 2,000 visitors, from across the country. The Minister for Housing, [...]...
  • Ecocem Rebrands Ecocem Ireland and Ecocem GB have launched a new brand. Ecocem is Europe’s largest independent specialist producer of GGBS (Ground Granulated Blastfurnace Slag) cement with a capacity of 2.4 million tonnes. Significant developments in the organisation have seen a growing interaction across its operating regions in Ireland, Holland, France, UK and Sweden, as well as the [...]...
  • Where are Ireland’s Construction Workers? The Central Bank of Ireland has published a signed article from the second Quarterly Bulletin of 2018, published on 12 April 2018. The article, ‘Where are Ireland’s Construction Workers?‘ by Thomas Conefrey and Tara McIndoe-Calder, considers the decline in construction sector employment in Ireland during the economic and financial crisis that began in 2008. One in [...]...
  • RIAI Registered Architects Open Their Doors For Annual Partnership With Simon Communities One of the country’s best-known architects, Dermot Bannon, was on hand recently to launch the RIAI Simon Open Door campaign, aimed at raising funds to help tackle the housing and homeless crisis. Now in its 14th year, the campaign will run from Monday, 14th May until Sunday 20th May. As part of the annual partnership between the RIAI and [...]...

Irish Company Actavo Expands Into U.S.

March 22
14:45 2016

Actavo_Mark_RGB_StdActavo, a leading international engineering solutions company headquartered in Dublin, has announced that it has acquired a key division of U.S. company, Atlantic Engineering Group, Inc. The deal, for an undisclosed amount, represents Actavo’s first acquisition in the US.

Specialising in design engineering, field services, GIS (geographic information systems) services and permitting, primarily within the FTTH/B (fibre-to-the-home/business) sector, the acquired business – Atlantic Engineering Services (AES) – has operations in Georgia, Texas, Missouri and Colorado.

Actavo has operations in over 100 locations internationally, with a global workforce of 5,000 delivering network, in-home, industrial, hire & sales, building and event solutions to the world’s leading companies. The new business – which will be rebranded as Actavo – will be a key element of Actavo’s Network & In-Home Division, a global provider of outsourced solutions for the telecommunications, energy, power and civil engineering sectors.

As a result of the transaction Actavo now has extensive in-house expertise in the United States, with access to 120 network design engineers.
The deal will enhance Actavo’s service provision to its existing client base in Ireland, the UK, the Caribbean and Kazakhstan (i.e. integrated, in-house survey and design capabilities facilitating an end-to-end offering). It will also enable the company to establish a presence in strategic markets at what is an opportune time. Later this year, Fibre-To-The-Home penetration in the U.S. will be at 9%, with 27.9 million homes passed and 12.4 million homes connected. It is forecast that, by September 2019, Total Homes Passed in the U.S. will almost double to 52 million, with the number of homes connected almost doubling to 24 million.

Speaking after the conclusion of the deal, CEO of Actavo | Network & In-Home Division, TJ Malone, said: “This is a red letter day in Actavo’s evolution. Our division began with operations in Ireland, before expanding into the UK and the Caribbean. With this acquisition now forming a critical strand of our international, end-to-end capabilities, we are confident of establishing a formidable presence in North America and making significant strides globally in the design, build and connectivity of fibre optic networks.”

Commenting on the acquisition, James H. Salter, P.E., President, Atlantic Engineering Group, said: “This is an exciting and transformative development for us. Being acquired by Actavo, an international company takes our business to a new level in terms of global connectivity, exposure to new business prospects and growth potential. Actavo’s mission is to become the preferred engineering solutions partner for the world’s leading companies. We can be proud of now being an integral part of that mission, and we can look forward to working within Actavo into the future.”

Welcoming the announcement, Chairman and CEO of Actavo, Sean Corkery, said: “Actavo’s acquisition represents a significant and strategic milestone in our company’s growth plan. The US is an important, dynamic market for us – we see strong demand in North America for the telecommunications solutions we can now offer. This is a logical next step for us at this time and takes Actavo into new areas, both geographically and in terms of our customer proposition. I look forward to working closely with our new colleagues in providing end-to-end solutions to the telecommunications sector across the US and internationally.”

About Author

admin

admin

Related Articles


Constrcution Summit

PROMO – Construction Summit 2016 – Sustaining the Momentum

Lean Construction Ireland – Enhancing Ireland’s Competitive Advantage

The Magazine – Construction Business

The Magazine – Construction Summit 2016

The Magazine – Construction Summit

Upcoming Events

  • April 23, 2018Intermat
  • April 23, 2018World of Concrete Europe
  • April 25, 2018Moldconstruct
  • April 25, 2018Materials
AEC v1.0.4

New Subscriber





Subscribe Here



Advertisements