S&techs has acquired a majority stake in One Space, an interdisciplinary service provider in Hong Kong and Singapore delivering architecture, interior design and technology solutions.
S&techs’ strategic acquisition secures a majority share in One Space Limited, which has studios in Hong Kong, Macau and Singapore.
Following this acquisition, One Space’s co-founder and director James Oliver will retire from his role, whilst co-founder Greg Pearce will continue his position as managing director. In his position, Pearce will be leading the company’s regional businesses, including S&techs’ newly established design unit in Singapore, focusing on the region’s design-and-build market.
In addition to his leadership role at One Space, Pearce will become a shareholder of S&techs’ Singapore business.
Nobuo Shigemitsu, CEO of S&techs, remarked: “It’s our pleasure to welcome the One Space team into the S&techs family. This acquisition exemplifies our commitment to continuous innovation and the integration of wider industry expertise that truly adds value for our clients.”