PM Group recently announced that it has acquired Devereux Architects, one of the top architectural practices in the UK.
An award winning practice, Devereux Architects is based in London and employs 65 people. It has extensive experience working across a full spectrum of architectural and urban design projects in the UK and internationally. The practice has major specialisms in healthcare and education architecture.
The acquisition will support PM Group’s expansion into the healthcare and education sectors in the UK, Europe and Asia and to bring the award-winning Devereux Architects to Ireland. It will enable PM Group to enhance its expertise in delivering large scale and complex projects to public and private sector clients particularly in the health, education and public sector areas which are seeing large investment programmes.
According to the CEO of PM Group, Mr. Pat McGrath, “The acquisition is a perfect fit. Devereux’s architectural expertise complements perfectly PM Group’s project management expertise in delivering large projects in the areas of healthcare, education, research and infrastructure. Devereux’s excellent track-record puts PM Group in a strong position in light of the forecasted €2 billion capital expenditure per annum on the island of Ireland in these sectors. Our strategy is to serve our customers on a global basis and to enter new markets. This type of acquisition allows us to do that whilst maintaining steady organic growth.”
Devereux Architects, specialists in architecture and urban design, are currently working on the STG£1 billion redevelopment of the Barts and Royal London new Hospitals. They have also worked on a number of landmark projects including the British Museum, King’s College London, Brunel University, ICI Corporate Headquarters, the London School of Hygiene and Tropical Medicine, Lewisham Hospital and Queen Mary’s Hospital. International projects include Gibraltar’s General Hospital , two new hospitals on the Turks & Caicos Islands in the British West Indies and a number of urban and masterplanning projects in Abu Dhabi in the Middle East.
The acquisition is in line with PM Group’s overall expansion strategy to look at new opportunities and is its first acquisition in the UK.
For more information, please vist Devereux Architects website