Actavo
From Wikipedia, the free encyclopedia
Actavo, formerly Siteserv,[1] is an industrial and engineering services company headquartered in Dublin, Ireland.[2] It has several divisions which provide events management services, modular buildings, scaffolding, fencing, safety equipment and telecommunications networks.[3][4]
Originally known as Siteserv, the company was acquired by Denis O'Brien in March 2012.[5] The sale of the company was the subject of significant controversy as Irish Bank Resolution Corporation (IBRC, formerly Anglo Irish Bank) wrote-off €119 million owed by Siteserv prior to its sale.[6][7] A judicial Commission of Inquiry, the IBRC commission of investigation, investigated the circumstances of the sale.[6] The commission's report, published in September 2022, found that Siteserv had provided "misleading and incomplete information" to IBRC.[8]
Described in a 2016 Business Post article as "one of Ireland's most controversial businesses",[9] the company rebranded as Actavo in 2015.[10] As of 2018 Brian Kelly was CEO of Actavo,[11] and it reportedly had approximately 5,000 employees.[12][13] Following a series of job cuts,[14] this had reduced to approximately 2,000 employees by late 2020.[15][16]