The international multi-service provider Dussmann has acquired all shares in the multinational, Irish-headquartered mechanical engineering company, Lynskey Engineering. Lynskey Engineering Group, which has around 120 direct, highly specialised employees and an annual revenue of €59.9m in 2024, will continue its growth trajectory within the Dussmann Technical Solutions division.
The planned acquisition strengthens the Dussmann Technical Solutions division, which was founded in May 2019 and has acquired several other technical services companies, including Irish STS Group, a multinational specialist electrical engineering company. Dussmann Technical Solutions bundles technical expertise across the entire life cycle of facilities and building projects, from design and technical planning through installation and commissioning to technical maintenance, repair, and operations, all from a single source. The acquisition of Lynskey adds to the existing portfolio in-house capabilities and brings, for the first time, the ability to self-perform specialist mechanical services.
Wolf-Dieter Adlhoch, CEO, Dussmann Group, commented: “The acquisition of Lynskey directly contributes to our ‘Road to 2030’ strategy. An important goal here is to establish and expand our range of engineering services for clients with complex technical demands and mission-critical systems in the industrial, energy and data centre sectors.”
Lynskey has completed specialist technical projects for blue-chip clients in the data centre, pharmaceutical, retail, commercial and energy sectors. The group provides specialist mechanical design, engineering, installation and commissioning services for its clients across Europe. Lynskey also provides technical maintenance services for clients in Ireland.
The existing employees of Lynskey will be unaffected by the transaction. The senior management team of Lynskey, including managing director Sean McElligott, will remain in their existing roles post-acquisition.
Sean McElligott sees great opportunity in joining Dussmann: “This provides an excellent opportunity for both our clients and employees. Our clients will continue to enjoy the same level of superior service provided by our team, delivering complex technical mechanical projects within time and on budget, and will post-acquisition also benefit from the increased scale and service capability we can offer as part of a ca. €3.3 bn turnover group.”