Strategic alliance boasts worldwide benefits for WYG

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Press Release
19 April 2012

Strategic alliance boasts worldwide benefits for WYG

WYG has today announced a global strategic alliance with Switzerland-based, Magnum Technology Solutions.

The new alliance will enable the global multi-disciplinary consultancy and Magnum Technology Solutions, a leading company in providing innovative construction materials, to collaborate on a worldwide basis to deliver cost effective, pre-engineered turnkey housing and construction solutions.

The alliance is already working on a number of opportunities in the United Arab Emirates and has a pipeline of prospects across the Asia-Pacific region, India and the African continent.

Paul Hamer, Chief Executive Officer, WYG said: “We are delighted to be teaming up with Magnum Technology Solutions and look forward to drawing on the numerous synergies between our two companies and pursuing these across our chosen markets.

“As we build on our global integrated strategy, this new partnership will help strengthen our client offering in our international markets. By utilising the Magnum Technology product, we can significantly reduce the current cost, complexity and overall timescale to deliver turnkey housing solutions. The simplicity of the product also allows the team to utilise local construction labour and thus help build capacity in the local economy.”

Abbas Pirani, Chief Technical Officer, Magnum Technology Solutions said: “WYG has been working with us for sometime supporting our new technology - Magnum Panel Systems - which allows us to set new standards in environmentally friendly building. Magnum Panel Systems are made from magnesium oxide and are both lighter and cheaper than any current building material available on the market.

“Now we have formed this strategic alliance, we see many benefits for both companies and we are looking forward to developing this relationship further. We will benefit from WYG’s extensive global network in the construction and development sector and we believe that this partnership enables us to draw upon the technical expertise of both companies.”

Mr Hamer continued: “As an enterprising business with the foresight to meet both the industry’s and our clients’ future needs we are always looking at new ways to support the critical move to a low-carbon economy and provide our clients with cost effective solutions.

“I am pleased, therefore, that we can now offer clients highly efficient, cost effective housing solutions based on Magnum Technology Solutions’ new building product - Magnum Panel Systems.”   

ENDS

Notes to Editors

WYG is an established global management and technical consultancy to the built and natural environment that collaborates with clients in over 40 countries to help them realise their corporate and project ambitions.

A top 15 European consultancy and employing more than 1,400 people around the world, WYG has the expertise for every stage of a project’s life-cycle from planning and design to building and completion.

WYG takes enormous pride in the work it does and has been recognised with several prestigious industry awards including: British Expertise International Awards 2011; RoSPA Occupational Health and Safety Gold Medal Award 2011, National Recycling Awards 2011. www.wyg.com

Magnum Technology Solutions

Magnum Technology Solutions is a company based inSwitzerlandwith a branch office inDubaiand operations in Asia, Africa andEurope.

Specialised in the design and engineering of pre engineered housing, Magnum Technology Solutions provides complete and turn-key housing solutions for governments, private institutions and NGO‘s.

Magnum Technology Solutions also supplies green and energy-saving building materials which are designed, developed and manufactured using advanced technology and equipment. 12 years of international experience with projects executed in Canada, Chile and Dubai and an experienced

Regards

Amy Bhavra
PR and Communications Executive

Group Communications

WYG GROUP LTD
Arndale Court, Headingley, Leeds, West Yorkshire, LS6 2UJ
amy.bhavra@wyg.com
Tel:
   44 (0)113 219 7152

Fax:   44 (0)113 278 3487

www.wyg.com
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WYG Group Ltd. Registered in England number: 6595608. Registered Office: Arndale Court, Otley Road, Headingley, Leeds, West Yorkshire LS6 2UJ VAT No: 431-0326-08