SINGAPORE, March 23, 2011 /PRNewswire/ --
The Meinhardt Group, the global engineering, infrastructure and project management consultancy, today announced it has acquired India-based Eigen Technical Services Pvt. Ltd., a leading provider of advanced engineering services to the global construction industry, from Laing O'Rourke, the privately-owned, international engineering and construction group.
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The acquisition will allow Meinhardt to consolidate its presence in India and reinforce its lead as a multidisciplinary firm with a full suite of high-end, cutting-edge design solutions such as Building Information Modelling (BIM). Eigen complements Meinhardt with its wide range of capabilities that serve multiple sectors, including healthcare, aviation and rail, across various geographies including Australia, the Middle East, the United Kingdom, the United States and India. The transaction will enable Laing O'Rourke to focus its resources exclusively on long term strategic goals by deepening its commitment in the key markets that it serves.
Meinhardt, which established its presence in India in 2001, has worked on such projects as the Delhi and Mumbai airports, the Sheraton Hotel in Kolkata and the National Highway (NHAI) - Construction Packages III-A & III-C, India. Eigen will become part of the Meinhardt group of companies and will retain its existing brand and current team of designers in New Delhi and Mumbai.
"India has always been a key market for Meinhardt. With the acquisition of Eigen, a company that has developed a sound reputation and excellent credentials serving top-notch clients, we will be better able to leverage our set-up in India to service both local and international clients," said Dr. S. Nasim, Meinhardt's Global Chief Executive Officer.
Mr. Rajesh Srivastava, Meinhardt's India country director, will be responsible for the integration of Eigen with Meinhardt's India operations. "With Eigen on board, Meinhardt has cemented its position as India's leading integrated engineering company, with an unmatched delivery platform to serve our clients across India and globally," said Mr. Srivastava.
Commenting on the announcement, Mr. Bernard Dempsey, Deputy Chairman of Laing O'Rourke said: "We believe that under Meinhardt, Eigen will be able to enhance its standing as a leading technical services provider. The deal will enable Laing O'Rourke to focus its resources and commitment exclusively on providing engineering solutions to our clients in key markets."
Meinhardt is one of the world's few multidisciplinary and truly integrated engineering, infrastructure and project management consulting firms. Since 1955, we have led the way in delivering innovative and highly buildable designs that always consider our clients' commercial objectives and global environmental concerns. We employ over 3,000 staff in more than 30 offices worldwide and have worked on some of the largest and most complex building and infrastructure projects. Clients look to us for start-to-end project consultancy ranging from feasibility study, master planning, detailed design, and project management through to delivery, which includes among other capabilities, construction supervision, and testing and commissioning.
In India, we have offices in New Delhi and Chennai and are setting up offices in Mumbai and Kolkata. In 2008, we were awarded the Best Project Management and Engineering Firm of the Year Award at Girem, an urban planning and real estate leadership summit held in Goa, India.
Annually the Group consults on projects worth an estimated US$10 billion and ranks among the largest independent engineering consulting firms globally by revenue. Some of our key projects include Xintiandi (mainland China); TAMAR Development (Hong Kong); Marina Bay Financial Centre (Singapore); MGM Grand Ho Tram Integrated Resort (Vietnam); The Dubai Mall (Dubai, UAE); Muscat International Airport (Oman); KL Central Station (Malaysia); and the Greater Bangalore Water Supply Distribution Network (India).
For more information, visit us at http://www.meinhardtgroup.com.
About Laing O'Rourke
As an international engineering enterprise with a 162-year history of innovation and achievement, Laing O'Rourke funds, designs, manufactures, constructs and maintains the built environment. Our business model comprises the full range of engineering, construction and specialist services capabilities. Our offer is fully integrated to deliver a single-source solution for some of the world's most prestigious client organisations. Overall, our delivery is founded on a collaborative approach working with clients from concept to completion, advising on and providing the best ways to manage their projects and achieve the greatest value.
The Group is implementing a long-term strategy which aims to create sustainable value that will be shared by all our stakeholders - employees, clients, shareholders and the communities in which we work.
Note to editors: Media queries should go to: Jason Leow Head of Group Corporate Communications The Meinhardt Group Tel: +65-6377-9743 Email: email@example.com
SOURCE The Meinhardt Group