PARIS—Colliers International has acquired acontrolling interest in AOS Group, one of Europe'sleading real estate and workplace consulting firms. Headquarteredin Paris, AOS will immediately be rebranded as ColliersInternational throughout France, Belgium, Spain, Morocco,UK, Netherlands, and Switzerland.

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Gilles Betthaeuser, founder and CEO of AOSGroup, will retain the balance of the equity and will continue tolead operations. The acquisition provides Colliers with asignificant new base of operations in France and Belgium andaugments existing operations in the other markets noted above, byproviding Colliers clients with enhanced service offerings intenant representation, project management and workplace consulting.AOS currently generates approximately $100 million inannual revenues. Terms of the transactions were notdisclosed.
"Having significant operations in France, one of the world'sleading commercial property markets, has been a key priority forus, and withthe added benefit of being able to augment our existingoperations in other markets with complementary and differentiatedservices, the addition of AOS takes us to the next level as wecontinue to grow anddevelop our business in Europe," saidChris McLernon, CEO of EMEA for ColliersInternational. "Furthermore, with the strength of ourglobalplatform and the Colliers brand, we fully expect toaccelerate ourclients' success through the future growth anddiversification of our existing operations."

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Founded in 1997, AOS employs more than 450 professionalsincluding highly-experienced commercial and institutional realestate consultants, engineers, architects and designers, projectmanagers, and
financial analysts who specialize in creating enterprise value forclients by optimizing their real estate requirements throughalignment with their business strategy.
"The cultural and strategic fit with Colliers Internationalwasapparent from the start," said GillesBetthaeuser, CEO of AOS Group."Colliers has anenterprising culture similar to ours; its relentless
focus on service excellence is hard to replicate; and its globalplatform provides our clients with all the execution capabilitieswe could hope for," he added. "Our entire team is excited aboutthis new development in the history of our company and we lookforward toaccelerating our growth in the years to come as ColliersInternational," he concluded.
FirstService Corporation, the parent of Colliers International, isa global leader in the rapidly growing real estate services sector.As one of the largest property managers in the world, FirstServicemanages more than 2.5 billion square feet of residential andcommercial properties through three
platforms. Colliers International is a leading global commercialreal estate services company in the world, with over 15,800professionals operating out of more than 485 offices in 63countries.

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David Phillips

David Phillips is a Chicago-based freelance writer and consultant with more than 20 years experience in business and community news. He also has extensive reporting experience in the food manufacturing industry for national trade publications.