Property consultant JLL will expand further into the design and fit-out sector after acquiring UK-based specialist Bluu.
The acquisition will see Bluu’s 120 employees move under JLL’s existing design and fit-out brand, Tétris, next year.
JLL bought Tétris in 2007. It currently employs 30 staff in the UK and has 23 offices in 16 countries across Europe, the Middle East, Africa and Brazil.
Tétris had a turnover of £151m in 2014, while Bluu reported a turnover of £58m.
JLL UK chief executive Guy Grainger said: “ Both businesses share the same core commitment to client service excellence and innovative high-quality approaches to design and fit-out in what is a fast-moving and rapidly evolving sector.
“This is an exciting and mutually beneficial combination.
“We will be able to draw on the strengths of our global-scale operation, and Bluu’s 15 years’ heritage and leading position in the UK, to provide an unmatched design and fit-out service across the UK.”
The acquisition takes immediate effect, with the Tétris UK team set to relocate into Bluu’s London offices later this year.