Ardmac secures management buyout
Ardmac, the international specialist fit out contractor, with almost 40 years’ experience in delivering high quality projects for the commercial, retail, pharmaceutical, medtec and data centre markets, has been bought by its senior management team. The buyout was led by chief executive Ronan Quinn along with five other executives.
The founding shareholders will exit the business. According to The Sunday Times the deal was supported by the McAnallen family who founded the business in 1977.
Working with both local and international businesses, Ardmac provides superior work environments for a range of notable clients including: Pfizer, Eli Lilly, Johnson & Johnson, GSK, Vodafone, Next, Savills, HSBC, Aviva and Merrill Lynch.
Recent Irish projects include the fit out of over 6,500m² of cleanroom for Eli Lilly in Kinsale, Allergan Pharmaceuticals new biologics manufacturing facility in Westport and Jazz Pharma’s first manufacturing facility in Athlone, as well as a commercial office refurbishment for Aviva. The team has also recently been appointed to the second phase of Mylan’s manufacturing expansion in Baldoyle. Ardmac is also currently working with a number of confidential clients in the data centre industry on new campus projects both in Ireland and on continental Europe.
Ardmac is 15th on the current Construction magazine Top 50 CIF Contractors’ list.