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Following the agreement to acquire WME announced earlier this year, Aegis, a leading international group in construction engineering services, has successfully completed the acquisition of one of the region’s leading multidisciplinary engineering design consultancies.
The acquisition of WME will help advance Egis’ strategic ambition to “Influence the Future” to address the social, environmental and technological challenges of the 21st century and join the industry’s top ten global players by 2026.
Regarding this successful acquisition, Laurent Germain, CEO of the Egis Group, said: “Today is an exciting time for us. The addition of WME to the Egis Group creates substantial growth opportunities for us in key markets in the Middle East and India and brings greater opportunities to our customers. Big interests open the door. , in line with our global strategy to increase our international presence.”
“On behalf of the entire Egis team, I warmly welcome every WME employee to Egis,” he added.
Alaa AbuSiam, CEO of Egis Middle East, said: “Since announcing the transaction, we have had tremendous support from our customers and employees as WME brings incredibly strong talent, differentiated service quality and Complementary Marketed Products”. “
“Together with WME, we can now help our clients successfully transition to a more efficient and sustainable built environment,” he added.
Peyman Mohajer, Managing Director of WME, said: “We are delighted to have successfully completed the transaction with SHIELD. Our combined expertise will add to our clients through enhanced service capabilities, global presence and a stronger product portfolio in the region value.”
“Together with Egis, we will continue to deliver engineering excellence to have a greater impact on the built environment and fulfill the aspirations of our employees, who remain our most important assets,” he added.
With the closing of the transaction, Mohajer will now lead the newly formed Egis Construction Engineering practice in the region, focusing on engineering design and project delivery to drive the broader growth agenda of Egis built environment products.
Egis said its regional expansion comes at a time when the company, which was recently named the top ten design consultancies in the Middle East for the first time by Engineering News-Record magazine (ENR), is growing rapidly overall.
The company now employs more than 2,000 people across the Middle East, ensuring the company can deliver at the speed and scale the industry demands.-TradeArabia News Service
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