DUBAI, OCTOBER 1, 2012 – Axianta International announced that it has completed its acquisition of Jouzy Consulting Engineers. The acquisition will help to advance Axianta’s strategic plans to expand its footprint as a world-class global professional and development services firm in the MENA Region. Jouzy provides local presence and a long track record of providing Architectural and Engineering Services in the Middle East. In combining resources, Jouzy will be able to benefit from service diversification, and Axianta will acquire instant critical mass that will enhance its MENA presence, allowing faster access into the surrounding markets.
“This is a very positive step towards advancing our strategy of diversification and growth. It’s a win-win for both parties. Jouzy benefits from our global resume and they in turn give us a quicker entrée to the market,” said Roland Salman, President of Axianta International. “The acquisition is also expected to result in greater efficiencies and significantly increase our market share.”
The integration of the two companies will take place over the next few months. Jouzy Consulting Engineers will continue to operate under its current name which is after the name of the founder, the late Raja Jouzy, but will become a wholly owned subsidiary of Axianta International. “Mr. Jouzy is an engineering legend in this region,” Salman said. “We are fortunate and very proud to be in a position where we can continue his legacy. This landmark transaction is also an important milestone for Axianta International. Both our companies complement each other in terms of culture and strategic objectives. We believe that the combination provides a unique opportunity for our clients, employees and strategic partners to benefit from the global scale and breadth of services offered by the combined entity.”
About Axianta International
Axianta International is a design, management and development conglomerate that provides end-to-end solutions for infrastructure and facility projects. Axianta’s integrated services are performed by industry leaders from around the world who have worked together on combined projects worth billions of dollars in construction value.
Axianta International was built based on firsthand experience of best practices in delivering quality design, construction and development services in multiple markets. With our global reach, local knowledge and technical excellence, Axianta International offers a single point of responsibility for turnkey solutions that are sustainable, economical and enhance our built environment.
For more information, visit www.axianta.com.
About Jouzy Consulting Engineers
Jouzy Consulting Engineers was established in 1966 to provide engineering and architectural services throughout the Middle East and North Africa. The firm has offices in Dubai and Abu Dhabi, United Arab Emirates. The principals and key staff of the firm have a diverse background in engineering and have successfully designed and supervised a large number of building and infrastructure projects. Jouzy staff members have intimate knowledge of the local conditions, practices, availability of materials, and customs of the MENA region.
For more information, visit www.jouzyce.com.