France-based engineering consultancy Egis Group has announced that it has entered into a definitive agreement to acquire Saudi architectural and engineering consultancy Omrania. The agreement is subject to standard closing conditions, including regulatory clearances, and is scheduled to close in the first half of 2023.
Omrania, located in Riyadh, has a solid reputation for its integrated and interdisciplinary approach to architectural, master planning, urban design, landscape, and engineering services.
Omrania has worked on a number of landmark projects in Saudi Arabia, including the Tuwaiq Palace, Kingdom Tower, King Abdulaziz Cultural Center, King Salman Park, many Ministry of Housing projects, and the iconic Public Investment Fund (PIF) Tower.
Omrania has worked on a number of landmark projects in Saudi Arabia
Laurent Germain, Group CEO of Egis, 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.”
Basem Al-Shihabi, Founder and Managing Partner of Omrania, commented: “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.”
With the addition of very nearly 700 professionals from Omrania, Egis in the Middle East region is estimated to grow to in excess of 3,000 people.