Mr. Antoine Calendrier reports

ATKINSREALIS TO ACQUIRE IRELAND-BASED ENGINEERING AND PROJECT MANAGEMENT CONSULTANCY FIRM TOBIN

Atkinsrealis Group Inc. has entered into a definitive agreement to acquire Patrick J. Tobin & Co. Ltd. (Tobin), a leading Irish engineering and project management consultancy firm.

The acquisition supports Atkinsrealis's growth strategy in Ireland, further strengthening its local footprint to over 700 employees and bolstering its capabilities to support Ireland's ambitious program of infrastructure development.

Headquartered in Galway, Tobin was founded in 1952 and has approximately 200 employees working across five offices in Ireland. Tobin delivers end-to-end multidisciplinary engineering, technical and program management services across four key end-markets: building and places, water and transportation, with a specialism in environmental and planning services. The firm has long-standing relationships with regional and national clients and critical infrastructure programs.

"Ireland has a strong pipeline for infrastructure, energy and sustainable development. The acquisition of Tobin builds on our 25-year heritage in Ireland and brings highly complementary skills and expertise into our U.K. and Ireland business, an important part of our global strategy to build scale and depth in our key end-markets," said Ian L. Edwards, president and chief executive officer of Atkinsrealis.

Atkinsrealis currently employs around 500 people in Ireland, with its regional headquarters in Dublin and offices in Cork, Galway and Dundalk. In 2024, the company celebrated 25 years in Ireland and launched a growth plan and sustained recruitment drive to expand its presence across the country.

"Joining Atkinsrealis marks an exciting next chapter for Tobin as we become part of a world-class organization with a strong Irish presence. We share a strong commitment to technical excellence, collaboration and long-term partnerships, and we look forward to bringing the very best of both firms to our clients," said Ciaran McGovern, managing director, Tobin.

Atkinsrealis has a long-standing presence in Ireland, working on significant regional and national programs, including multidisciplinary design for two of Iarnrod Eireann (Irish Rail) flagship rail schemes (DART+ West and DART+ South West); engineering, planning and project management for EirGrid's ambitious electricity transmission investment program; strengthening water security and resilience on the water supply project for Uisce Eireann (Irish Water); multidisciplinary design and project management for the Dublin Metrolink Advanced Works -- a 19-kilometre high-capacity, high-frequency, modern and efficient metro railway -- and a long-standing relationship with daa to support the upgrade of buildings and infrastructure at Dublin Airport.

The transaction is subject to customary closing conditions and the receipt of regulatory approvals.

About Atkinsrealis Group Inc.

Created by the integration of long-standing organizations dating back to 1911, Atkinsrealis is a world-class engineering services and nuclear company dedicated to engineering a better future for the planet and its people. The company creates sustainable solutions that connect people, data and technology to transform the world's infrastructure and energy systems. It deploys global capabilities locally to its clients and delivers unique end-to-end services across the whole life cycle of an asset, including consulting, advisory and environmental services, intelligent networks and cybersecurity, design and engineering, procurement, project and construction management, operations and maintenance, decommissioning, and capital. The breadth and depth of Atkinsrealis's capabilities are delivered to clients in strategic sectors such as engineering services, nuclear and capital.

About Patrick J. Tobin & Co. Ltd. (Tobin)

Founded in 1952, Tobin is a multidisciplinary engineering and environmental consultancy firm with a legacy of delivering major projects across Ireland. Headquartered in Galway, with additional offices in Dublin, Castlebar, Limerick and Sligo, Tobin has approximately 200 employees, whose expertise spans civil and structural engineering, water and utilities, environmental and planning services, transport, and quantity surveying. Tobin's vision is to deliver tomorrow's resilient infrastructure through the effective engagement of its professional teams today. Tobin has operated across both the private and public sectors in Ireland for over seven decades delivering large-scale projects and programs in a sustainable manner. Tobin aspires to technical excellence, innovation, effective engagement with clients and the creation of value through the application of its considerable knowledge base.

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