Currie & Brown acquires German project and construction management specialist ALBA Bau Projekt Management GmbH
1 July 2022
Currie & Brown has acquired ALBA Bau Projekt Management GmbH, one of Germany’s leading project and construction management providers. ALBA is headquartered in Munich, with offices in Berlin, Hamburg, Dusseldorf, Rhein-Main and the Stuttgart region, specialising in the planning, construction, financing and operation of real estate.
The team of more than 75 professionals adds significantly to Currie & Brown’s existing footprint in mainland Europe and will provide market-leading sector expertise in critical areas of project and cost management.
ALBA has been helping clients deliver successful construction projects in Germany since 1979 and has an extensive portfolio ranging from investors, developers and financial services to the public sector.
Project management is one of Currie & Brown’s core services. Its project management teams work on a diverse range of projects, delivering major capital projects and programmes which are both technically and time challenged, as well as having complex stakeholder co-ordination requirements.
Alan Manuel, group chief executive officer of Currie & Brown, commented: "Welcoming ALBA into the Currie & Brown family is a significant moment for our business. It provides us with an immediate and substantial presence in the German market. The depth of ALBA’s expertise in project management is of huge importance to our business. The property and real estate market is becoming ever more complex and our clients are diversifying rapidly. Reinforcing our existing capabilities with ALBA is a real benefit to our future growth aspirations."
Marc Kirschbaum, ALBA managing director, said: "This is a really exciting time in our firm's history. By joining forces with a company of Currie & Brown's scale and reputation we will be able to access new markets and projects. We're looking forward to coming together as one and making a real impact in the market."