November 8, 2022
Global Infrastructure Solutions Inc. (GISI) today announced the rebranding of its recently acquired Arcadis Hong Kong Design and Engineering (HK D&E) and Singapore consulting businesses as Asia Infrastructure Solutions. The HK D&E rebrand takes immediate effect. When the Singapore consulting business acquisition closes, which is imminent, its rebranding will follow suit, subject to regulatory name-change procedures.
“Asia Infrastructure Solutions is the new brand for our civil, structural, geotechnical, sustainability & business advisory, project management and cost management businesses for the Infrastructure and Buildings end markets in the region,” said Tony Shum, GISI Co-Founder, Board Director and Asia Chairman. “Though a new brand, the businesses’ professional and technical expertise and capabilities inherited from the legacy companies of Freeman Fox/Hyder in Asia and EC Harris/Davis Langdon & Seah in Singapore span decades and will continue.”
“Under the new brand, we will strive to grow and strengthen the businesses and to serve our clients and communities better through committed investments in people and technology,” added GISI Asia CEO Alex Kwan, who will act as CEO of Asia Infrastructure Solutions until further notice.
In addition, GISI appointed Dickson Lo as lead director of GISI’s Asia Advisory Board. Mr. Lo was Chief Operating Officer, Asia Pacific, AECOM when he retired in 2020. “It’s our honor to have Dickson join us as an Advisory Board Director. We did so many great things together in our previous careers and we look forward to working with Dickson again and receiving his invaluable advice for the strategic development and growth of our Asia businesses,” Shum and Kwan said in a joint statement.
October 10, 2022
Global Infrastructure Solutions Inc. (GISI) today announced agreements to acquire the Hong Kong and Singapore affiliates of global engineering firm Arcadis N.V., adding approximately 500 employees and doubling the size of GISI Asia operations. The acquisition of the Arcadis Hong Kong Design and Engineering (HK D&E) business closed simultaneously with the signing of the purchase agreement. The Singapore transaction is expected to close by October 31. Both all-cash transactions will augment GISI’s May merger with Asia-based JRP Group, a leading professional consultancy specializing in mechanical & electrical and building services engineering in the region.
“The Arcadis business in Singapore (legacy EC Harris and Davis Langdon & Seah) and Design & Engineering business in Hong Kong (legacy Freeman Fox and Hyder) have excellent reputations and client relationships in the infrastructure and building markets that span decades and will have an immediate positive impact on GISI’s presence in those markets,” said Tony Shum, GISI Co-Founder, Board member and Asia Chairman. “Leveraging the global industry expertise of our enterprise leadership team, we will immediately invest in People and Technology and transform these businesses to provide best-in-class project/construction/cost management and design & consulting services to our clients in the region.”
GISI Asia CEO Alex Kwan added, “Dave Hallam is coming over from Arcadis as Managing Director of the HK D&E business. Upon closing of the Singapore acquisition, Rene Hillig, Managing Director of the Singapore business, and his colleagues will join us from Arcadis. I welcome you all to the growing GISI family.”
All employees of the acquired businesses will be retained with continued access to professional career development opportunities and benefits, including ownership of GISI stock, subject to regulatory compliance. “Arcadis clients will also benefit as they will have the full suite of GISI’s construction, program/construction management, environmental, official development assistance, engineering & consulting, and other professional services to meet their needs,” Kwan said.
The transactions were developed and executed in partnership with Arcadis (EURONEXT: ARCAD), a global leader in sustainable design, engineering and consultancy solutions for natural and built assets.
Further announcements on rebranding and other details of these transactions will be made in due course.
Wong Heang Fine has joined Global Infrastructure Solutions Inc. (GISI) in the pivotal roles of Chairman of Asia Infrastructure Solutions Singapore and Director of GISI’s Asia Advisory Board.
Asia Infrastructure Solutions is pleased to offer a Construction Cost Review, which aims to keep you informed of the latest costs and trends in Singapore. Our Second Quarter 2023 issue is now available for download at the link provided below.
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