JLL buys Bluu to boost interior design arm
JLL has acquired design and fit-out company Bluu as part of the expansion of its Tétris interior design business. Bluu has a Manchester office with 25 members of staff.
Bluu is based in Centurion House in Deansgate, Manchester.
The company recently worked with interior designer Space Invader to deliver a refurbishment of Churchgate House following Helical Bar’s acquisition in March 2014, as well as the fit out for Mediacom in Spinningfields.
JLL acquired Tétris in 2007. Since the start, the teams have delivered more than 4,000 projects for corporate, investor, retail and hotel clients.
Including the Manchester office, Bluu totals 120 people in offices across the UK.
According to a statement from JLL, after a transitional brand period Bluu will move fully under the Tétris brand in 2016, with the combined teams operating from Bluu’s existing offices.
Robb Simms-Davies, chief executive of Bluu, said: “This is the coming together of two great companies who are strategically aligned and we fully believe that both will benefit from the partnership. Bringing together our leading teams of designers, market knowledge and high quality delivery, along with Tétris’ global platform and corporate client base will ensure we are the market leaders in multi-disciplinary fit-out. This is a key moment for our business and a decisive move to take it to the next level.”
The acquisition takes immediate effect, with the Tétris UK team set to relocate into the Bluu London offices later this year.
Congratulations. Shrewd acquisition. Will be interesting to see how they get on.
By David Clemetson
Thanks, Davey. Catch up soon?
By Darren Newlove