News release: Tebodin sells its Asia Pacific operations to Archetype Group
Consultancy and engineering company Tebodin is selling its operations in the Asia Pacific region. The buyer is Archetype Group, a multidisciplinary construction consultancy established in 2002 in Vietnam. The agreement was signed on March 4, 2016 in Singapore.
With Archetype Group, Tebodin has found a partner with a services portfolio which is complementary to Tebodin’s services portfolio, strengthening the position of Archetype in diverse market segments in Asia Pacific.
Archetype provides architectural and engineering services, project- and construction management and cost management to building and real estate market and to large industrial projects. This acquisition will strengthen Archetype’s Industrial division and will provide a complementary extension to the company’s activities in Building & Real Estate and Environment & Infrastructure.
Tebodin, based out of the Netherlands, is specialized in engineering and EPCm services and has a strong focus on the industrial market segment. ‘We have found a strong and developing engineering company for our operations in Asia Pacific, whose business is highly complementary and whose focus is on growing the Asia Pacific region’, says Jürgen P. von Hollen, CEO of Tebodin B.V. ‘Our local and international clients will benefit from the strengthened expertise and broad coverage in Asia Pacific, Archetype will offer.’
Mr. Pierre-Jean Malgouyres, General Director Archetype Group: ‘With the acquisition of Tebodin, we reinforce our market presence in Vietnam, Thailand, India, Myanmar and Indonesia and allows us to extend our reach to China, which is in line with our development strategy.’
Both companies together will represent a force of over 1,100 employees. With around 550 consultants and engineers, Tebodin in Asia Pacific generated an output volume of approximately € 25 million. Tebodin has been operating in Asia Pacific since 2002 and has through the years, developed a network of offices in China, India, Vietnam, Indonesia, Thailand, and Myanmar.
About Archetype Group
Archetype Group is a multidisciplinary construction consultancy with a core services portfolio including Architecture; Urban and Master Planning; Civil, Structural, Mechanical & Electrical engineering; Project & Construction management. From 17 offices in 13 countries, Archetype Group delivers a wide scope of projects ranging from luxury hospitality properties to mixed-use high rises to educational and healthcare facilities to large scale industrial projects. Since its establishment in 2002, the company shows a rapid growth and is now an internationally recognised firm with around 550 employees in Vietnam, Cambodia, Thailand, Laos, India, Mongolia, France, Qatar, Indonesia, Myanmar, Kazakhstan and Sri Lanka. Archetype is ranked 74th in the Top 100 Architectural firms in the world. www.archetype-group.com