-Acquisition to facilitate expansion in the U.S. and the Middle East
-Affords Lemay to broaden its design spectrum
MONTREAL, Dec. 1, 2015 /CNW Telbec/ - Lemay today announced the acquisition of renowned interior design firm Andres Escobar & Associates. This transaction will further its interior design capability and offer while serving as a platform for the firm's expansion in the dynamic markets of New York City and the Middle East, where Andres Escobar & Associates has a strong presence and history.
"Today's announcement marks once again our desire to better serve the growing needs of our clients and to expand our business opportunities in new markets," said Louis T. Lemay, president and excellence facilitator at Lemay. "We are thrilled to welcome Andres and his exceptional team to our group. This is the right fit, as we both see design as a way to improve people's lives through work for our clients, " explained Mr. Lemay. "We look forward to working with Andres' expertise as he brings to the table an impressive international track record of unique and prolific high-end design and lifestyle projects in multiple sectors," added Mr. Lemay.
"I am equally delighted to join forces with Louis and the team at Lemay," said Andres Escobar, Principal, Andres Escobar & Associates. "This is a very exciting development for our business. Our existing clients will immediately benefit from Lemay's integrated approach, expanded services, broad expertise and creativity in multiple areas. We will considerably enhance our current offerings, expand work on larger projects and bring new value to our clients. I also look forward to developing new opportunities for Lemay around the world."
Andres Escobar & Associates: beautifying the world, from NYC to the Seychelles
Andres Escobar & Associates was founded in 1989, quickly becoming one of Montreal's most renowned design firms. Its projects span across the world, but the company first entered the New York City market in 2001 in Brooklyn, where the firm ingeniously converted the Gretsch Guitar Factory into condominiums.
This success opened the door to many more opportunities for Andres Escobar & Associates in NYC:
- Columbus Square (775, 795, 805, 808 Columbus Avenue, Upper West Side, NYC, NY)
- The Corner (200 W 72nd Street, NYC, NY)
- The Harsen House (120 West 72nd Street, NYC, NY)
- The Jade Hotel (52 West 13th Street, NYC, NY)
- And more recently, Five Franklin Place, which is currently in progress (5 Franklin Place, Tribeca, NYC, NY)
Escobar's vision has now been exported across the Pacific Ocean, where his work is being showcased at The H Resort Beau Vallon Beach, in the picturesque Seychelles.
With numerous innovative projects in cities over the world, from Miami to Abu Dhabi and beyond, Andres Escobar & Associates continues to push the boundaries of lifestyle design.
Lemay's growing family
The Andres Escobar & Associates announcement comes just over a year after the Lemay's acquisition of CHA, MMA, and DAA as well as the creation of its joint venture in China.
This new Lemay entity will continue to operate from its Montreal and New York offices under the name Escobar by Lemay. Effective immediately, Andres Escobar becomes Design principal at Lemay. As creative director for the Escobar Design Studio and valued member of the Lemay Design Team, Andres Escobar will be a key player in Lemay's growing international presence and will contribute to design excellence across markets and within the larger group.
Named amongst the top 100 architecture firms in the world in 2015 by Building Design magazine, Lemay has recently emerged as a major national and international player with a series of stunning and award-winning projects. The firm has also embarked on an audacious growth strategy by acquiring part of IBI group's Canadian, Chinese and Caribbean activities in 2014. Lemay's signature approach has been to leverage its creativity and integrated design capacity to generate innovative, sustainable and inspiring solutions that propel its clients' business while enhancing our collective quality of life.
About Andres Escobar & Associates
Andres Escobar & Associates (AE&E), founded in 1989, is one of North America's most recognized design firms and employs various professionals from 12 different countries. AE&E is highly regarded in the field of luxury commercial and residential interior design, having worked with clients in the travel, leisure, hospitality and food & beverage sectors. Keenly attuned to the pulse of changing industry trends, AE&E's international presence as well as its depth of experience enables it to be truly avant-gardist and to influence design standards at a global level.
Image with caption: "Lemay acquires high-profile design firm Andres Escobar & Associates. From left to right: Louis T. Lemay, president and excellence facilitator at Lemay and Andres Escobar, Design Principal at Lemay and creative director for the Escobar Design Studio. (CNW Group/Lemay)". Image available at: http://photos.newswire.ca/images/download/20151201_C1393_PHOTO_EN_555440.jpg
For further information: Marika Dubé, SYRUS Réputation, 514 935-2777 ext. 210, [email protected]