Nexii Building Solutions has announced the acquisition of Omicron Canada. Omicron will become a subsidiary of Nexii, continuing to serve existing clients and providing services under the Omicron brand, while also supporting Nexii business development and project delivery.
The merger will combine Nexii’s project operations with Omicron’s integrated project delivery platform, enhancing the business offerings of both Omicron and Nexii to existing and future clients.
Nexii and Omicron have worked as partners since February 2019, when Omicron became one of the early shareholders and adopters of Nexii technology, followed by a range of project collaborations across both teams.
Collaborations include engineering and design assignments for plant operations, manufacturing, and specific product design for Nexii’s Squamish, Hazelton and Vancouver Island plants. Their most recent work together was on the Courtyard by Marriott hotel in Nanaimo, currently under construction.
“Omicron and Nexii have been collaborating in several key areas of mutual interest for the last two years, with the shared aim to tackle the construction industry’s main challenge; how to change the way we build in the face of climate change,” says Stephen Sidwell, CEO of Nexii. “We are excited to join together to achieve better outcomes for our clients and for the environment.”
The leadership of both companies will be unchanged: Sidwell remains as CEO of Nexii, and Bill Tucker will continue to lead the Omicron team as CEO. Tucker will also officially step into the role of executive vice president operations, A&E and assembly at Nexii to help align processes, teams and key operations.
“Omicron was one of the early shareholders to understand the potential of Nexii and invest in the company because we recognized the power of their innovative technology,” says Tucker. “We take our valuable partnership one step further, combining our teams and processes to deliver faster, greener, more efficient projects for all our clients.”
Both companies will retain their business names and separate office headquarters in Vancouver and will continue to service existing clients and projects to completion.
