Egis Group, a leading international multidisciplinary engineering, consulting and operations firm, said it has entered into a definitive agreement to acquire Omrania, a Saudi architectural and engineering consultancy, in a move aimed at creating a true leadership position in the high-end design and architecture services across the kingdom.

 

According to Egis, the acquisition marks a significant step forward for both firms with strong geographic and business alignment, creating an opportunity to leverage their joint footprint and client base to reach significant scale in Saudi Arabia, and reinforces their combined position in helping achieve the country’s 2030 vision.

 

Headquartered in Riyadh, Omrania has 50 years of experience in creating places of lasting value and improving lives through design. 

 

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, it added. 

 

In November last year, Egis had announced the agreement to acquire the innovative, multidisciplinary design practice, U+A, headquartered in Dubai. 

 

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," he stated.

 

Founded in 1973, Omrania 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 organizations, Omrania offers its clients comprehensive design services from conceptual studies to design development and construction site supervision.

 

Omrania had participated in numerous landmark projects throughout Saudi Arabia, including the Tuwaiq Palace, Kingdom Tower, King Abdulaziz Cultural Center, King Salman Park, multiple Ministry of Housing projects and the iconic Public Investment Fund (PIF) Tower. 

 

Its work on such projects has been widely recognised with industry international awards, including the prestigious Aga Khan Award for Architecture.

 

Basem Al Shihabi, Founder and Managing Partner of Omrania, said: "On our 50th anniversary, we are

tremendously excited on the development, fulfilling our dreams of perpetuity, and joining forces with Egis who are leaders in the field, where our combined expertise will allow us to deliver world-class architecture and engineering design projects."

 

"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," he noted.

 

Egis (Middle East and South Asia) CEO Alaa Abusiam said: "Omrania’s deep knowledge of the local market and their innovative approach to engineering, landscape and architecture will support the rapid expansion of Egis as a partner of choice to our clients in Saudi Arabia, incorporating the notions of sustainable development into each of our projects."

 

"We look forward to working with Omrania to meaningfully expand the opportunities for our joint teams to grow, and to continue to win and execute transformational projects for our clients," he added.

 

Egis plays a significant role in some of the Saudi Arabia’s most iconic projects by working with distinguished clients that include The Royal Commission of Riyadh City (RCRC), Neom, Seven, Qiddiya Investment Company, Diriyah Gate Development Authority, Red Sea Global, Soudah Development, The Royal Commission of AlUla (RCU), Saudi Downtown Company, Saudi Railway Company and Riyadh Airports.-TradeArabia News Service