CHARLOTTE, N.C.--(BUSINESS WIRE)--Balfour Beatty Construction U.S., a division of U.K.-based Balfour Beatty plc, today announced its intent to acquire RT Dooley Construction Co., adding significant new capabilities and moving the company closer to its strategic goal of becoming a single source offering multiple commercial construction solutions to an international client base.Charlotte, N.C.-based RT Dooley, a family-owned firm with 2008 revenues of $306 million, specializes in corporate headquarters, corporate interiors and mission-critical infrastructure and is currently operating in five states. With the completion of the acquisition, RT Dooley joins Balfour Beatty Construction’s Charlotte-based Southeast Division in an enterprise blending its own expertise with Balfour Beatty Construction’s experience in exterior core and shell construction and backed by London-based Balfour Beatty plc, a global construction, engineering and investment services business exceeding $14 billion in annual revenues.
“This acquisition is consistent with Balfour Beatty’s long-standing strategy of continually expanding the range of products and services we can deliver to our clients,” said Ian Tyler, chief executive of Balfour Beatty plc. “I am enthusiastic about our organization providing RT Dooley with the global reach to fulfill their clients’ project delivery needs worldwide.”
“Clients of Balfour Beatty Construction and RT Dooley have been asking for more from both of our companies, and together we can offer comprehensive solutions to meet all of our clients’ construction needs as well as enhanced risk management,” said Robert B. Hambright, division chief executive officer for Balfour Beatty Construction in the Southeast. “RT Dooley adds not only outstanding capabilities and the opportunity to offer our clients a complete solution from the inside out, but also an exceptional client-first culture that meshes perfectly with Balfour Beatty’s commitment to providing clients a signature experience on every project.”
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