LONDON - Thursday, May 24th 2012 [ME NewsWire]
(BUSINESS WIRE)-- Dar Group, the international design and project management services business, today announced that it has acquired the UK-based consulting firm Currie & Brown for an undisclosed sum.
Dar Group will retain the Currie & Brown brand, as it has done with other consultancy firms that it has acquired in Europe, the UK and the USA.
“This transaction brings a large group of talented people with specific expertise in areas such as cost management, project management, building surveying, PFI/PPP services, asset management and other associated advisory services into Dar Group. There are significant synergies and we envisage that as part of our group Currie & Brown will grow its operations in both existing and new markets.” commented Dar Group chairman and chief executive, Mr Talal Shair.
The senior management of Currie & Brown will be retained. “We value the team very highly. We shall appoint representatives of Dar to the board of Currie & Brown, but it will be business as usual for the staff and for existing clients,” added Mr Shair.
Dar Group employs nearly 13,000 people. Currie & Brown has existing operations in the UK, the USA, Mexico, India, France, Jersey, the Middle East and the Far East and has approximately 600 staff.
“This transaction provides a secure future for Currie & Brown and promises exciting new growth opportunities,” commented Euan McEwan, Currie & Brown’s Group CEO.
About Dar Group
Dar Al-Handasah (Shair and Partners) has been a pioneering force in the planning, design and implementation of development projects in the Middle East, Africa and Asia since its beginnings in 1956.
Dar Al-Handasah established Dar Group in 1985 and shaped it into a global consultancy with 169 offices throughout 44 countries, known for its problem identification, tailor-made designs, quality, on-time deliverables, and multi-disciplinary expertise.
The Group ranks consistently among the world’s top 10 international design and project management consultancies.
Dar Group includes leading design and engineering consultancies in key markets such as the USA, Europe, Africa and Asia: Perkins+Will (Chicago, IL, USA), T. Y. Lin International (San Francisco, CA, USA), The Penspen Group (London, UK), Pierre-Yves Rochon S.A. (Paris, France), R&H Railway Consultants (Pty) Ltd. (Randburg, South Africa), IPA Energy + Water Economics (London, UK), Landrum & Brown (Cincinnati OH, USA), D2 Consult International GmbH (Linz, Austria), Ross & Baruzzini (St Louis, MO, USA).
About Currie & Brown
Currie & Brown was founded in 1876 and operates as a leading international asset management and construction consultancy from its headquarters in London. The company employs approximately 600 people in the UK, the USA, Mexico, France, Jersey, India, Japan, Taiwan and several countries in the Middle East.
The company provides a range of construction management specialist skills, including asset management, building surveying, quantity surveying and cost management, PFI/ PPP advisory services, project management and due diligence.
Contacts
TVI
Maurice Smith
Direct: +44 (0)141 564 2241
maurice.smith@tvi-ltd.co.uk
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