Arab News, Saturday, Mar 11, 2023 | Sha'ban 19,
1444
Global construction firm Egis to acquire Saudi architectural and engineering consultancy Omrania
Saudi Arabia:International
construction engineering firm Egis is set to acquire Saudi-based architectural
and engineering consultancy Omrania, according to a statement.
Egis has played a vital role in several iconic
projects dispersed around the Kingdom while working closely with key clients
such as The Royal Commission of Riyadh City, NEOM, Diriyah Gate Development
Authority, Red Sea Global, among several others.
The move will see 700 workers from Omrania joining
Egis, giving it a Middle East workforce of more than 3,000.
The acquisition cements both firms’ efforts in
helping propel and achieve Saudi Arabia’s Vision 2030.
“With the addition of Omrania, Egis will create a
true leadership position in high-end design and architecture services in Saudi
Arabia,” Group CEO of Egis Laurent Germain said.
“Together with Omrania’s team, we have a shared
vision to design sustainable and contextual environments that enrich the quality
of everyday life,” he added.
Omrania has experience working with government
entities, cultural institutions, and private sector organizations, and the deal
is an opportunity to leverage both companies’ joint footprint and client base in
an attempt to reach substantial scale in the Kingdom.
“Egis and Omrania have been working together since
2013 and this step will surely bring together the best that both offer to our
clients and ourselves,” said Basem Al-Shihabi, founder and managing partner of
Omrania.