Egis Group has entered into a definitive agreement to acquire Omrania, a Saudi architectural and engineering consultancy, in a move aimed at creating a concerted leadership position in high-end design and architecture services across the Kingdom.
According to Egis, the acquisition marks a significant step forward for both firms, bringing a strong geographic and business alignment and creating an opportunity to leverage a joint footprint and client base.
Headquartered in Riyadh, Omrania has 50 years of experience in creating environments of lasting value and improving lives through design, the statement said.
With the addition of almost 700 professionals from Omrania, Egis in the Middle East region is expected to grow to over 3,000 people. The transaction is expected to close in the first half of 2023.
In early December 2022, Egis announced the agreement to acquire multidisciplinary design practice, U+A and, in early January 2023, DeSimone acquired Dowco Group’s global detailing and BIM business.
On the strategic move, Group CEO Laurent Germain said: “With the addition of Omrania, Egis will create a true leadership position in high-end design and architecture services in Saudi Arabia. Together with Omrania’s team, we have a shared vision to design sustainable and contextual environments that enrich the quality of everyday life. Egis looks forward to welcoming Omrania’s employees and joining forces with such a well-respected, Saudi-grown architectural and engineering consulting name.”
Founded in 1973, Omrania is said to have built a strong reputation for its integrated and interdisciplinary approach to architecture, master planning, urban design, landscape and engineering services.
Through its work with government entities, cultural institutions, the private sector, and other organisations, Omrania offers its clients comprehensive design services, from conceptual studies to design development and construction site supervision, the statement concluded.
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