Ayesa Engineering, a global leader in technological and engineering services, has announced the acquisition of CORE, a boutique firm specializing in project management using Lean Construction methodologies. This strategic move strengthens Ayesa’s presence in sectors such as real estate and data centers, positioning it as a prominent leader in digital infrastructure projects and iconic developments.
A Strategic Strengthening for Key Markets
Founded a decade ago by Miguel Tapia, CORE has specialized in project management across sectors like hospitality, residential, healthcare, and energy. Its main added value lies in the use of Lean Construction methodologies, which optimize costs and execution times.
Ayesa, with an international presence in 23 offices and flagship projects such as the renovation of the Santiago Bernabéu stadium in Spain and the Aramco Stadium in Saudi Arabia, is now expanding its reach into new sectors and markets. The acquisition of CORE will enhance commercial synergies and double business volume in the next four years.
Rosalío Alonso, Chief Operations Officer at Ayesa, notes that “we see great growth opportunities in private investment, particularly in the real estate and data center sectors, which demand high specialization and energy efficiency. This investor appetite is driven by the exponential growth of global data traffic due to the rise of artificial intelligence and the widespread adoption of cloud computing.”
Growth in the Data Center Sector
Ayesa’s entry into the data center market is supported by collaborations with tech giants such as Amazon Web Services (AWS) and Google Cloud. The increasing demand in this sector, driven by rising data traffic and the infrastructure needs for artificial intelligence, positions Ayesa as a key player in managing highly complex developments.
The combined expertise of CORE and Ayesa will enable the undertaking of more ambitious and diversified projects, including tourism developments and iconic structures on a global scale.
A Sustained Acquisition Strategy
This acquisition is part of a series of strategic operations that Ayesa has undertaken in recent years, including the purchase of the Irish engineering firm ByrneLooby and nine other corporate transactions. These acquisitions have been made possible by the majority investment from A&M Capital Europe in 2022, allowing Ayesa to expand its geographical reach and reinforce its technological capabilities.
Key Statements
For his part, Miguel Tapia, CEO of CORE, emphasized: “This alliance will allow us to grow exponentially in strategic markets and position us as a relevant player in the coming years. Ayesa is one of the most forward-looking Spanish companies, and this is the right train to move forward together.”
Ayesa, with nearly 60 years of experience, has established itself as a benchmark in sectors such as water, transportation, and industry, holding prominent positions in the global ENR ranking. The acquisition of CORE reaffirms its commitment to innovation, sustainability, and leadership in technological infrastructure, solidifying its status as one of the main players in the international arena.
via: Ayesa