On 31st October 2017, Hong Kong based architectural firm, 10 DESIGN, Egis, to form an integrated design group with a global capability.
Egis and 10 DESIGN made the following joint statement: "Both firms are delighted to announce Egis’ investment of a majority interest in 10 DESIGN. The complimentary geographic footprints and design skills of each firm provide an incredible platform for multiskill collaboration.
Thomas Salvant, Executive Director - Buildings at Egis says: "Egis has been looking into expansion of building design activities in South East Asia for some time. The strategic partnership with 10 DESIGN presents a great opportunity to enrich Egis’ services to include high value added architectural design."
David Pringle, CEO at 10 DESIGN, adds: “Having established a strong reputation for design in Asia and MENA, working in Europe was always 10 DESIGN’s next big step. Egis offers us a significant opportunity to do so, and the Partners at 10 DESIGN are very excited about our future collaboration.’’
How did this investment come about?
Egis initially approached 10 DESIGN seeking a strategic design partner in Asia. As discussions about design philosophy and synergies developed, it became clear that there were greater opportunities in joining together.
How will the leadership structure change?
The current business structure which has allowed I0 DESIGN to become a successful architecture firm will be preserved. The leadership will remain unchanged and will be linked to the larger Egis Group by a board dedicated to strategic synergies.
How will the investment impact the existing clientele in Asia, in particular China?
10 DESIGN’s business will remain unchanged in China and across Asia, with our complete focus on delivering design closely with our clients.
Does this partnership imply an exclusive tender relationship for future project opportunities with other architects/engineers?
Both firms plan to maintain relationships with our respective strategic partner consultants in the various locations and to combine skills in opportunities where they are appropriate and geographically relevant.
Visit the website of 10 DESIGN http://www.10design.co