BDP bought by Japanese engineering giant for £102m

Aaron Morby 5 years ago
Share

Japan’s leading engineering practice has swooped to buy the UK’s second largest architectural practice BDP for £102m.

BDP boss John McManus says the deal heralds a new era in BDP's evolution
BDP boss John McManus says the deal heralds a new era in BDP's evolution

Nippon Koei said the merger would pave the way to build the world’s leading integrated architecture, design and engineering firm.

Both companies will retain their existing operations and their own brand identity but will pool their expertise to create a full range of engineering and architectural services.

John McManus, chief executive of BDP, said: “The alliance with Nippon Koei heralds an exciting new era in BDP’s evolution.

“Although separated geographically, our two firms share common values and have highly complementary strengths in terms of professional offer and sector expertise.

“By uniting the two firms, we are creating an organisation which genuinely has the potential to be greater than the sum of its parts.

“We believe that this strategic international alignment will deliver huge benefits to our clients and will offer exceptional prospects for our people to develop both professionally and personally.”

BDP operates from six UK studios as well as offices in Ireland, the Netherlands, the Middle East, China and India. The firm employs 950 people and had a turnover of over £81m in 2015.

Originally established in 1946 as Japan’s first independent engineering consultancy, Nippon Koei’s strength is in civil engineering although it offers a range of services to both Japanese and international clients.

Much of Nippon Koei’s work is associated with infrastructure development funded by the Japanese Government and the World Bank in developing economies across Asia, South America and Africa.

Combining with BDP, will be a springboard to expanding its present international offer in the rapidly expanding Asian commercial markets.

The Tokyo Stock Exchange listed firm Nippon Koei employs around 3,200 people and turned over£430m last year.

Ryuicho Arimoto, president of Nippon Koei said: “As a leading architecture and design firm in the UK, BDP’s participation in the NK group will mark a great turning point in both of our histories.

“We will join forces on a global basis and provide solutions together to the many urban development problems from both an engineering and an architectural perspective.”

 

Latest news

Tube chiefs tell contractors trains are safe for builders

Contractors encouraged to stagger site start times in London
8 hours ago

Construction recovers to pre-pandemic level

New work output grew 3.5% in November lifting output above February 2020 pre-shutdown level
8 hours ago

Colas rolls out weekly Covid rapid testing for staff

Build UK trade body offers member firms lateral flow kits at a discount
9 hours ago

Self-employed wages up 9% in north west

Average freelance trade wages running nearly 10% below pre-pandemic level
5 hours ago

Cemex invests in “kit of parts” offsite housing firm

Materials giant backs Modulous to "revolutionise" housing industry
8 hours ago

House building bounce back hailed by minister

Latest official statistics show completions tripled in the third quarter of 2019
1 day ago

Government clears 514-home London Master Brewer scheme

Housing secretary decides not to call in Hillingdon Gardens scheme
8 hours ago

Aarsleff shifts to expansion after return to profit

Ground engineering contractor optimistic with 12 months of good work visibilty
8 hours ago

Fresh shock structural steel price hike

Price of structural steel jumps nearly 50% in just over six months
1 day ago

Former Carillion bosses face new legal action

Eight ex-directors could be banned from boardroom for up to 15 years
1 day ago

Firms due £50m Covid dividend in R&D tax rebates

Contractors eligible to make tax credit claims for efforts to make sites Covid safe
1 day ago

Colmore Tang joins race to reclad unsafe towers by 2021

Midlands builder sets up cladding remediation arm as pace quickens to retrofit 2,000 unsafe buildings
1 day ago

Winvic starts £93m Edgbaston Stadium build to rent job

Civils arm will also deliver highways improvements for Warwickshire County Cricket Club
2 days ago

GLP starts work on 1m sq ft of warehouse space

Contractors given green light on latest round of development as demand soars for logistics schemes
2 days ago

Marshalls to build block plant as orders rebound

New concrete block factory will be built at St Ives in Cambridgeshire
2 days ago

Revenue offers contractors advice as IR35 changes loom

Free online workshops as controversial changes start in April: Sign up for places
2 days ago

Mace achieves net zero carbon goal

Carbon offset and 50% carbon emission cut achieves net zero target
2 days ago

Keltbray hires Multiplex project commercial director

Jason Gibbons joins as commercial director for built environment division
2 days ago

Winners revealed on £80m demolition framework

Sixteen secure places from 17 tenders received
2 days ago

BAM to trial innovative 5G use in construction

5G-powered cameras, drones and sensors to monitor Scottish construction sites
2 days ago

Breedon lures Amey boss to grow contracting arm

Highways specialist James Haluch to join GB Contracting in March
3 days ago

New pothole machine delivers road repairs four times faster

JCB Pothole Pro machine can repair a pothole in under eight minutes and at half the cost of a road gang
4 days ago

“Vital construction continues” during latest lockdown

New Business Secretary Kwasi Kwarteng praises industry's "major contribution"
3 days ago

Ductwork contractors hit by soaring steel prices

Firms warn steel shortages could hit jobs if situation worsens
3 days ago

Fears grow over Covid contract disputes as attitudes harden

Construction leaders warn of perfect storm from Brexit, falling activity, reverse charge VAT and surge in claims
4 days ago

Plans in for £60m Stockport’s Weir Mill flats

Capital & Centric advances scheme as a blueprint for inner city regeneration
3 days ago

£75m infrastructure funding deal for £1bn Purfleet town scheme

Main infrastructure works will start next month
3 days ago

WYG name disappears after US consultant takeover

Tetra Tech name adopted 18 months after WYG sale
3 days ago

Dive under team to slide in 11,000 tonne tunnel

Construction first for Morgan Sindall on East Coast Main Line
3 days ago

Electrical boss barred over £1m mystery expenses

Seven-year ban from running a business for Surrey electrician
4 days ago

Contractor services