1 Jul 2010 08:30
Cyril Sweett accesses Japanese Construction Services Market via Alliance
Tri-partite Alliance Agreed - Cyril Sweett, Widnell Limited and
Meiho Facility Works Ltd
Cyril Sweett has signed an agreement with Meiho Facility Works Ltd, a Japanese business that provides design, consulting, project management services and cost and value engineering to the Japanese construction market. Meiho, listed on the Japanese stock exchange, was formed in 1980 and has 150 employees.
The agreement is a tripartite alliance amongst Cyril Sweett, Widnell - Cyril Sweett's partner in China, and Meiho. The strategic, global alliance provides all parties with an extended international footprint. It provides Cyril Sweett and Widnell with a route to serve their client needs within Japan and likewise, Meiho's Japanese based clients will benefit from access to the Cyril Sweett and Widnell international presence.
The agreement builds on the previous strategic alliance formed between Cyril Sweett and Widnell in March 2010. Widnell, based in Hong Kong, provides cost and project management services in China via 400 people in 9 offices.
Dean Webster, Cyril Sweett Chief Executive, commented:
"Working with Meiho gives the Group access and insight into the Japanese construction market - the third largest construction market in the world. This alliance is a clear sign of our commitment to our international clients, as well as our strategy to drive our expansion in the Asia Pacific market where there are strong opportunities for the Group."
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Notes to Editors
Cyril Sweett is a leading international construction and property consultancy offering expertise in cost management, project management and a comprehensive range of specialist services such as management consultancy. The Group has 44 offices in Europe, Middle East, North Africa, India, Sri Lanka, Asia Pacific and Australia and is quoted on the London AIM.
Widnell Sweett is the trading business of the Cyril Sweett Group in China. Widnell Sweett comprises 400 people and provides quantity surveying, cost consulting and project management services in Hong Kong, Macau and China.
Meiho Facility Works Ltd provides design, construction consulting, cost and project management services in Japan. The business is listed on the Japanese JASDAQ market.