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.