Jones Lang LaSalle said on Thursday that it has acquired Group Tétris, an office design, site management and business relocation company in France. The purchase is aimed at reinforcing JLL's 'ability to support businesses throughout the entire lifecycle of their real estate projects'. Financial details of this transaction were not disclosed.
Jones Lang LaSalle said on Thursday that it has acquired Group Tétris, an office design, site management and business relocation company in France. The purchase is aimed at reinforcing JLL's 'ability to support businesses throughout the entire lifecycle of their real estate projects'. Financial details of this transaction were not disclosed.
Founded in 2003, Group Tétris employs over 75 people, and boasts a client base of more than 4,000 multinational corporations, a large number of clients from the public sector, and institutional and administrative organisations. Major clients include DCN, PSA Peugeot Citroën, SNCF, Gaz de France, Sanofi, SFR, Dexia, La Poste, and Generali.
'This acquisition is a perfect match for our growth strategy; it complements initiatives already underway in terms of recruitment and the opening of new offices in the Ile de France region. With this acquisition, Jones Lang LaSalle now has close to 400 employees in France and shows major growth potential,' said Benoit du Passage, CEO at JLL France & Southern Europe.
Alastair Hughes, JLL's CEO EMEA, added: 'This is the ninth small to medium-sized acquisition we have made this year in EMEA, as we continue to develop our service offering to clients with a careful blend of organic growth and tactical purchases.'
Jones Lang LaSalle was advised by the lawyers Lovells and Group Tétris by Thesis.