Hillier, which was founded in 1966 by J. Robert Hillier, will be henceforth known as RMJM Hillier, and will continue to be based here. The firm, which has a total of about 300 employees and had revenues of nearly $70 million in 2006, will also continue to operate out of locations in New York City, Philadelphia and Washington, DC.
"This is a changing industry that has added to the requirements of architectural firms," RMJM CEO Peter Morrison said during yesterday's conference call. "This acquisition will provide us with the ability to work on some of the biggest projects in the world."
Founded in the mid-'50s, RMJM has some 700 staffers scattered around its dozen offices in Europe, Asia and the Middle East. Combined, the two firms have approximately $15 billion worth of projects they're currently designing.
Under the terms of the acquisition, Hillier will be named deputy chairman of RMJM's parent company, the MJM Group, also based in Edinburgh. "This acquisition is a step up for me in terms of getting business from around the world," he said during the conference call. "It is a much larger arena with bigger projects."
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