Egis acquires WME as it looks to Middle East and India markets
Acquisition strengthens French construction giant’s presence in the region to 2,000 people
Egis, the French multinational consulting, construction engineering and mobility services provider, has announced that it has acquired WME, the multidisciplinary engineering consultancy operating in the Middle East and India, to strengthen its capabilities in those regions.
In a statement, Egis said that as a leading engineering design consultancy, WME provides innovative, sustainable and cost-effective solutions in Civil, Structural, MEP, AV/IT and Security, as well as Architect of Record and Infrastructure Engineering services for the built environment.
It added that the acquisition complements Egis’ existing portfolio of both multidisciplinary Engineering and Project Management services and its General Engineering Buildings services, by enhancing the company’s end-to-end capabilities in the Middle East as clients look to improve efficiencies and reduce the environmental impact of their projects.
Laurent Germain, Egis Group CEO commented: “WME is an ideal fit for Egis. The quality of the skillset it brings will drive substantial value for our employees and clients in the Middle East and beyond. In addition, WME’s presence in India will strengthen our potential in this key country alongside the Middle East and is a major step forward in accelerating our development as a group.”
WME has more than 550 specialist engineering and support staff located in multiple offices in the Middle East, the UK and Asia and has delivered projects throughout the United Arab Emirates, the Kingdom of Saudi Arabia, India, Singapore and the United Kingdom. Their portfolio of notable projects spans retail, hospitality, mixed-use, commercial, healthcare, residential (including high-rise) and entertainment sectors.
Peyman Mohajer, Founder and Group Managing Director of WME said: “I am very excited about today’s announcement. Combining WME’s team and portfolio with Egis will create a powerful world-class engine of innovation capable of delivering a sustained competitive advantage in the Engineering industry.”
“Together, we will create a rich talent pool and solutions portfolio, enabling our clients to deliver exceptional and sustainable design solutions on building and infrastructure projects. I am proud of our achievements and strongly believe that this is a great move that will benefit our clients, employees and our communities,” he continued.
The transaction is expected to close in the first half of 2022 subject to customary closing conditions. With this acquisition, the Egis Middle East team is expected to grow to more than 2,000 employees.
Egis Middle East CEO, Alaa AbuSiam concluded: “WME’s market-leading capabilities combined with their collective design experience of a broad range of projects equates to an impressive track record in the delivery of landmark projects, that plus the addition of exceptional talent to our team positions Egis as one of the regional leaders in the built environment & infrastructure consultancy sector.”
