Acquisition builds BC’s largest integrated design and construction company
At a time when British Columbia’s design and construction sector is booming, one of BC’s largest integrated design and construction companies has acquired 100% of one of Vancouver’s best-known office design/build companies.
Effective immediately, Omicron and OfficeWorks create BC’s largest integrated design and construction firm – with more than 100 designers and builders. Purchase price and other transaction details are not disclosed.
“With the acquisition of OfficeWorks, Omicron continues to build and expand its core strengths at a time when BC’s design and construction sector – especially office interior design – is extremely busy,” says Bill Tucker, a senior partner with Omicron. “We’re offering a comprehensive turn-key service for our clients who are demanding even more from their design and construction partners. This acquisition positions Omicron to serve our clients better.”
According to the BC Ministry of Small Business and Economic Development’s latest statistics, BC’s construction sector improved 40% to $62 billion in planned or current projects in December 2004.
“For employees, customers and suppliers, this deal is great news,” says Peter Selnar, president and founder of OfficeWorks. “OfficeWorks is now in a position to offer more to clients through partnering with a company with compatible values and growth strategies.”
Since the companies’ skill sets are complementary, there are no planned job losses related to the acquisition. A transition program of 12-18 months will see the two partners eventually blend into one office under the Omicron brand. Until then, the companies will continue to operate out of their respective offices and under their own corporate names.
About Omicron
Formed in 1998, Vancouver-based Omicron Architecture Engineering Construction Ltd. provides integrated design and construction services in the retail, commercial, renewals and institutional markets. The company works across Western Canada and the Pacific Northwest.
About OfficeWorks
Formed in 1993, Vancouver-based OfficeWorks offers a broad range of professional services relating to Corporate, Hotel and Commercial Interiors. The company combines the talents and experience of a professional group of individuals dedicated to providing clients with exceptional customer service.
For more information, contact:
Beverley Attfield, BA
Marketing and Public Relations Manager
Omicron
604 632 4353
battfield@omicronaec.com
