30th June 2014

Foster + Partners buys out 3i stake

Foster + Partners has recently bought out 3i’s shareholding in the company, returning 100% of its ownership to the practice. All partners will now be shareholders, increasing share ownership from 80 to all 140 partners.  The practice will be led by a new Partnership Board comprising Norman Foster as Chairman, Stefan Behling, Grant Brooker, Nigel Dancey, Spencer de Grey, Gerard Evenden, Luke Fox, David Nelson, Matthew Streets and David Summerfield.  This completes the succession plan initiated in 2007 and reinforces design as the core value of the Practice.  

 

We are proud to have participated in the transition of Foster + Partners’ ownership to a long-term partnership model, as well as supported the Company’s growth, geographic expansion and service diversification.  Foster + Partners has built a strong platform and has an unrivalled global brand in its sector.  We are confident the Company will continue to thrive and maintain its world-leading position in design and architectural services.

Alan Giddins, Managing Partners and co-Head 3i