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Turner & Townsend (officially Turner & Townsend Partners LLP) is a multinational professional services company headquartered in Leeds, United Kingdom specialising in programme management, project management, cost management and consulting across the property, infrastructure and natural resources sectors.
 | |
| Company type | Partnership |
|---|---|
| Industry | Construction |
| Founded | 1946 |
| Founder | Cornelius Turner and Francis Ing |
| Headquarters | , United Kingdom |
Number of locations | 125 offices, 48 countries |
Key people | Vincent Clancy (CEO) |
| Services | |
| Owners | CBRE Group (60%) |
Number of employees | 10,500+ (2023) |
| Website | www.turnerandtownsend.com |
The company was founded in 1946,[1] and in 2018 had 125 offices in 48 countries,[2] with a presence in Europe, Middle East & North Africa, the Americas, Asia Pacific and Africa.
History
editThe company was founded in 1946 as Turner & Ing, a quantity surveying partnership in Darlington, United Kingdom. In 1956 the company became Turner & Townsend and opened several additional offices in the UK. In 1982 the first international office was opened in Johannesburg.[1] The company then expanded globally and in 2018 operated from 125 offices in 48 countries.[3]
In July 2021, the US commercial real estate group CBRE paid £960 million for a 60% stake in Turner & Townsend,[4][5] helping it expand its international network. In June 2024, CBRE announced plans to merge its project management businesses into Turner & Townsend, creating a $3 billion business employing over 2,000 staff in 60 countries.[6] CBRE will also increase its T&T ownership stake to 70%;[6] Vincent Clancy, Turner & Townsend’s chairman and CEO (who joined the company in 1989, and had been on the Executive Board since 2002),[7] would join the CBRE main board.[6]
Notable projects
editTurner & Townsend is best known for project management and programme management consultancy work in the real estate, infrastructure and natural resources sectors.[8][9][10] Heathrow Airport appointed them to provide cost management and commercial services for its latest five-year spending programme.[11] The company also project managed the construction of The Shard in London.[12] They were also contracted to provide cost planning services for Sydney’s North West Rail Link[13] and are providing cost estimating, project support and consultancy services for the Eni floating liquefied natural gas project in Mozambique.[14]
Partial list of additional key projects
edit- Hong Kong International Airport’s third runway project[15]
- Carmichael coal mine, port and rail programme[16]
- Abu Dhabi Airport – Midfield Terminal Building[17]
- Nissan Retail Environment Design Initiative[18]
- Quellaveco and Michiquillay copper mines – Peru[19]
- Lenovo research and development centre, Wuhan, China[20]
Awards and recognition
edit- Engineering, Construction and Infrastructure project of the year – Association for Project Management 2017[21]
- CEO of the year – Building Awards 2017[22]
- CEO of the year – Building Awards 2014[23]
- Consultant of the year – Building Awards 2014 & 2013[24][25]
- The Queens Award – Enterprise in International Trade 2014[26]
- Sunday Times International Track 200 – top UK-based companies with the fastest growing international sales 2014[27]
- Number 1 in the Sunday Times PwC Top Track 250 – 2020
References
edit- ^ a b "Our story". www.turnerandtownsend.com. Retrieved 13 March 2018.
- ^ "Our approach". www.turnerandtownsend.com. Retrieved 13 March 2018.
- ^ Annual Review 2017–2018. Retrieved: 27 July 2021.
- ^ Price, David (27 July 2021). "Turner & Townsend sells major stake to US firm in £960m deal". Construction News. Retrieved 27 July 2021.
- ^ OBeirne, Sarah (4 November 2021). "CBRE completes £960m deal for majority ownership of Turner & Townsend". FMJ. Retrieved 28 January 2024.
- ^ a b c Morby, Aaron (25 June 2024). "CBRE and T&T to combine project management arms". Construction Enquirer. Retrieved 25 June 2024.
- ^ "Vincent Clancy: Executive Profile & Biography – Bloomberg". www.bloomberg.com. Retrieved 13 March 2018.
- ^ "Turner & Townsend plc: Private Company Information – Bloomberg". www.bloomberg.com. Retrieved 13 March 2018.
- ^ "TURNER & TOWNSEND INTERNATIONAL PLC". www.britishexpertise.org. Retrieved 13 March 2018.
- ^ "Top 150 consultants 2016". Building. Retrieved 13 March 2018.
- ^ "T&T lands double role on £1.5bn Heathrow programme". Building.
- ^ "Turner & Townsend to project-manage the Shard". Building Design.
- ^ "Turner and Townsend bags Sydney Rail Link contract". Building.
- ^ "Turner & Townsend wins role on floating LNG project". theconstructionindex.co.uk.
- ^ "Turner & Townsend win new runway contract for Hong kong Airport". builderandengineer.co.uk.
- ^ AMR (12 January 2015). "Turner & Townsend Appointed to Carmichael Coal Mine". Australasian Mining Review.
- ^ CW Staff. "Turner & Townsend wins airport contract". constructionweekonline.com.
- ^ "Turner & Townsend Revitalizes Nissan North America's Brand Through Best Project Management Practices". pmi.org. Archived from the original on 25 April 2015.
- ^ "Home". www.turnerandtownsend.com. Retrieved 31 October 2017.
- ^ "Lenovo picks Turner & Townsend for high-rise R&D complex". theconstructionindex.co.uk.
- ^ "Winners | APM Project Management Awards 2017". www.apm.org.uk. Retrieved 13 March 2018.
- ^ "2017 Winners » The Building Awards 2017". The Building Awards 2017. Retrieved 13 March 2018.
- ^ "Building Award Winners: Chief executive of the year". Building.
- ^ "2014 Winners". The Building Awards 2015.
- ^ "2013 Winners". The Building Awards 2015.
- ^ "Queen's Awards recognise construction". theconstructionindex.co.uk.
- ^ "International Track 200 league table". fasttrack.co.uk. Archived from the original on 1 May 2015.