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July 20, 2020
We are delighted to announce that the Morrisroe group have acquired the majority shareholding in Cantillon. We join an established list of specialist structural contractors within the group alongside GSS Piling and frame contractor AJ Morrisroe and sons.
This move strengthens the market leading position of the Morrisroe Group by broadening the portfolio and service offering of the companies within the group. Each of the specialists will continue to offer standalone services as well as a combined offer where the integration, coordination and collaboration between the specialists will create value for the group and customers alike.
The Morrisroe Group now has the capability to provide full demolition, piling and basement box solution in house which supports the long term strategy of the group to remain the contractor of choice for the construction sector.
On joining the Morrisroe Group 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.”
On acquiring the majority shareholding of Cantillon Brian Morrisroe, CEO Morrisroe Group said:
“I am delighted that The Morrisroe Group has acquired a majority shareholding in Cantillon, a highly respected market leader in demolition. 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.”
Paul Cluskey, Managing Director Cantillon said:
“This deal is great news for Cantillon, our team and our clients. I am delighted and proud to continue to lead Cantillon as MD, now as part of The Morrisroe Group, in what will be an exciting new chapter for the business. I believe that the combined service that Cantillon, GSS piling and AJ Morrisroe can offer, with our commitment and professionalism, will be a welcome addition to the market for many.”