Global Engineering Consultant Meinhardt Acquires Eigen and Expands India Footprint
By The Meinhardt Group, PRNETuesday, March 22, 2011
SINGAPORE, March 23, 2011 - 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.
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."
Note to editors:
About Meinhardt
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 (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 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.
For more information, visit us at www.laingorourke.com
Media Enquiries: Jason Leow, Head of Group Corporate Communications, The Meinhardt Group, +65-6377-9743, jlsl at meinhardt.com.sg
Tags: India, March 23, Meinhardt, Middle East, Singapore, The Meinhardt Group