Ireland's Premier Engineering, Architecture and Project Management Firm Acquires Silicon Valley-Based Specialist Engineering Firm
Fri, 10/01/2010 - 4:35am
The Associated Press

PM Group Ireland's largest engineering, architecture and project
management firm, today announced that it has acquired Greene
Engineers, a San Jose-based engineering services company with special
expertise in the mission-critical facilities, cleantech, greentech,
healthcare and life sciences sectors. Also today, PM Group opened a
facility in Boston. The move marks PM Group's expansion into the US, a
core element of its global growth strategy, and brings the company
closer to the home base of many key longtime clients.

Headquartered in Dublin, PM Group designs complex, mission-critical
facilities for advanced technology, life sciences, R&D and healthcare
sectors globally for Fortune 500 clients. The company has annual
revenues of $320 million and employs more than 1,700 people working in
25 countries. Two-thirds of its business comes from US multinational
clients that include Pfizer, Johnson & Johnson, Abbott, Merck,
Mars/Wrigley, Diageo, 3M, Dell and IBM, among many others.

A well-known engineering services firm in Silicon Valley, Greene was
founded in 1954 and serves a broad portfolio of companies with
mechanical, electrical and chemical engineering expertise. With annual
revenues of $5 million, the company is behind many landmark buildings
in the region. They include: IBM's Almaden Research Center, Stanford
University's new Science and Engineering Quad, and 300 Santana Row in
San Jose, which is a LEED Gold Certified building. The Greene team has
established a stellar reputation for its work in the solar panel, LED
and electric car sectors. From today, the company will be known as PM
Greene Engineers.

The acquisition represents PM Group's first in the US. It will enhance
the company's existing expertise in the biopharama, med tech,
food/nutritionals and data center/mission-critical sectors, and
provides a gateway to the growing clean- and greentech sectors. PM
Greene Engineers will help execute on PM Group's vision to create a
center of excellence focused on advanced technology, cleantech and
biotech in Silicon Valley. Through its network of offices around the
world, PM Group will help Greene follow its US clients as they expand
internationally.

Commenting on the US initiatives, Pat McGrath, PM Group CEO, said, "We
have been planning this move for some time and believe that we found
the right company in Greene Engineers. Their team is exceptional and
their business strategy complements ours. The acquisition provides an
excellent opportunity for us to grow our US presence and take our
expertise into new areas. We extend a warm welcome to our new
employees and we look forward to benefiting from their strengths. The
combination of our West Coast presence and our new Boston location
provides an excellent platform for growth. We're looking forward to
building our business here in the coming years."

"This is a very exciting development for Greene Engineers and a real
benefit to our clients," said CEO Chris Greene. "By joining PM Group,
we can provide our clients with new and expanded services of a large
organization with a broad global footprint. We can considerably
enhance our specialist offerings, work on larger projects and bring
new value to our existing clients. We're delighted to join the PM
Group team."

About PM GroupPM Group is an international provider of professional
services in engineering, architecture and project management.
Headquartered in Ireland, PM Group's multi-disciplinary teams of more
than 1,700 people deliver complex capital projects to clients in the
Biopharmaceutical; Advanced Manufacturing; Medical Technologies; Food
and Nutritionals; Research and Development; Energy; Healthcare and
University Education; sectors. Highly committed to the promotion of
sustainable development and the provision of long term value, PM
Group's experts develop solutions that protect the environment and
meet client needs.www.pmg.ie (http://www.pmg.ie/)

About Greene Engineers PM Greene Engineers is a firm of specialist
mechanical, electrical and chemical engineers serving the Cleantech,
Data Center, Electronics, Greentech, Healthcare and Life Sciences
sectors.

Founded in 1954, PM Greene Engineers has a long history of working and
serving clients in Silicon Valley. Beginning with three research
buildings for Stanford University over 50 years ago, PM Greene
Engineers now designs facilities for companies, universities and
research institutes that have made Silicon Valley the world's
technology capital.

The high technology engineering systems that PM Greene Engineers
designs include clean & aseptic environments, chemical storage,
high-purity process piping, high purity water, industrial waste
treatment, power and lighting, process controls, emergency power and
UPS systems, building management, and life safety systems.

From the earliest days of the electronics and bioscience revolutions,
to today's growth in healthcare, datacom and greentech, PM Greene
Engineers has been a pioneer in the design of the sophisticated
engineering systems required by mission-critical facilities. Greene is
a member of the U.S. Green Building Council, and is committed to
designing facilities that are energy and water efficient.

PM Greene Engineers is part of highly skilled multi-disciplinary teams
of more than 1,700 people with specialist expertise in the delivery of
complex projects.

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