London, United Kingdom, September 30, 2024. The Northern Ireland-based Johnston Houston will become part of the construction and real estate consulting firm Drees & Sommer UK, which will hold 100 percent of the shares of the acquired company.
Founded in 2007 by Michael Johnston and Kerr Houston, Johnston Houston is a dynamic private partnership with an experienced 25-strong team of building surveyors, cost consultants and project managers, all of which will now become part of Drees & Sommer, after the strategic merger.
‘This Merger aligns with our vision of creating a stronger identity with a wider geographical reach. By combining our strengths, we are well-positioned to meet the evolving needs of our clients and drive innovation in the property and construction sectors.’ Steffen Szeidl, CEO of Drees & Sommer SE.
‘The acquisition of Johnston Houston greatly strengthens our position in the Irish market and enhances our ability to offer a diverse range of services across the island. This important move representing a crucial milestone in our growth across the UK and Ireland, and we are thrilled to welcome Johnston Houston to the Drees & Sommer family.’ says Kenneth Wood, Managing Director of Drees & Sommer UK and Partner of Drees & Sommer.
‘Joining forces with Drees & Sommer is a tremendous opportunity for everyone involved with Johnston Houston. Our combined expertise and resources will allow us to deliver even greater value to our clients while maintaining the personal and proactive service they have come to expect.’ explains Michael Johnston, Partner at Johnston Houston. ‘We are extremely grateful to everyone who has contributed to Johnston Houston over the years and are excited about the future and the new opportunities this partnership will bring.’
‘This merger will be an excellent opportunity for both our clients and staff to be part of an international organisation with very deep layers of expertise and experience across the full range of construction services.’ adds Kerr Houston, Partner at Johnston Houston. ‘Both Michael and I are very much looking forward to developing Drees & Sommer in our market, remaining totally committed to our clients and offering our staff all the opportunity that comes with being part of a global business.’
Johnston Houston will continue to develop its portfolio as ‘Johnston Houston – Part of Drees & Sommer’ under the leadership of the current partners Michael Johnston and Kerr Houston for 12 months, before officially rebranding to Drees & Sommer.
