Move marks completion of merger with German consultant
British consultancy AA Projects has rebranded to match its new German owner.
Set up in 1999 and bought out by its management six years ago, the 拢24.5m-turnover firm sold a minority stake to Drees & Sommer in March 2022.
It initially began operating as 鈥淎A Projects 鈥� Part of Drees & Sommer鈥� but will now fully adopt the brand of its Stuttgart-based owner.
The newly named Drees & Sommer UK has a 230 employees across the country and operates from eight locations including its headquarters in Manchester.
In the most recent 黑洞社区 Top 150 Consultants, AA Projects ranked 39th.
Kenneth Wood, UK managing director, has joined the Drees & Sommer partnership and will continue to lead the multidisciplinary UK business.
Wood said: 鈥淥urs is not a typical international merger story, nor is it a case of one large consultant swallowing another.
>>Also read: Solving the industry鈥檚 green problem: inside Drees & Sommer鈥檚 new energy-plus HQ
>> Top 150 Consultants 2023: The main table
鈥淭he relationship between AA Projects and Drees & Sommer came about organically, through collaboration on client projects and shared growth ambitions, and that has extended into what has been a fruitful integration process over the last two years.
鈥淛oining with another independent, entrepreneurial business means we have retained the agility to quickly respond to our clients鈥� needs, while also creating opportunities to add additional value and expertise to their real estate projects.
鈥淥ur combined proposition could not be more relevant for today鈥檚 construction and real estate challenges, where economic turbulence and the likelihood of incoming regulation are driving demand for expert project management and innovative approaches to decarbonisation.鈥�
No comments yet