1 March 2023
Investment Announcement: Becoming part of Drees & Sommer
To our clients and colleagues,
In March 2022, we announced that AA Projects had secured an initial minority investment with leading European construction consultancy business Drees & Sommer. This staged approach was due to be completed in December 2023, with Drees & Sommer purchasing the remaining share capital of AA Projects.
I am very pleased to share with you that due to the success of our working relationship over the past 12 months we have made the decision, together with our Drees & Sommer colleagues, to bring forward the full acquisition so that AA Projects will become a fully owned entity of Drees & Sommer SE as of 1st April 2023.
Together, we have set up specialist teams that are working across operations as well as culture to ensure the ongoing transition runs smoothly and that all stakeholders are bought into the overarching goal of making Drees & Sommer a key player in the UK. With over 4,500 employees across 51 locations in Europe, the Middle East, China and the Asia Pacific, the combination of AA Projects and Drees & Sommer UK allows us to further extend our excellent reputation into new markets and geographies.
We have already seen the benefits in being able to deliver a broader base of specialisms, allowing us to secure new projects as well as better support our existing client base.
Our logo will change to reflect this next step, changing to “AA Projects – Part of Drees & Sommer”. You can expect this logo to remain in place until early 2024 as we continue on the next phase of integration. From early 2024 Drees & Sommer UK and AA Projects will come together into one company, Drees & Sommer Ltd.
The year ahead promises to be an exciting one as we continue this journey of growing together.
On behalf of the AA Projects and Drees & Sommer teams, thank you for your continued support.