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From Home Furnishing Business
Lemay Buys Andres Escobar & Associates
December 2,
2015 by in Designer Weekly, Industry
The transaction will further Lemay’s interior design capability help facilitate the company’s expansion into the New York market, where Andres Escobar & Associates has a strong presence and history.
"Today's announcement marks once again our desire to better serve the growing needs of our clients and to expand our business opportunities in new markets," said Louis T. Lemay, president at Lemay. "We are thrilled to welcome Andres and his exceptional team to our group. This is the right fit, as we both see design as a way to improve people's lives through work for our clients.”
Lemay was founded in 1957 in Montreal and remains one of Canada’s leading architectural and design companies. Andres Escobar & Associates was founded in 1989 and is a premier design firm in Montreal. Its projects span he world, but the company first entered the New York City market in 2001 in Brooklyn, where the firm ingeniously converted the Gretsch Guitar Factory into condominiums.
“I am equally delighted to join forces with Louis and the team at Lemay," said Andres Escobar, principal of Andres Escobar & Associates. "This is a very exciting development for our business. Our existing clients will immediately benefit from Lemay's integrated approach, expanded services, broad expertise and creativity in multiple areas. This new venture will considerably enhance our current offerings, expand work on larger projects and bring new value to our clients."