"The acquisition of Holley Blake gives us the leading position in the UK industrial market, fulfilling a key growth objective in Europe," says Mike Strong, president of Europe, Middle East & Africa for CB Richard Ellis. "Similar to our acquisition of Dalgleish in the retail sector last year, we now have a formidable UK industrial platform, which augments our industrial capabilities throughout Europe."

Martin Samworth, UK managing director, CB Richard Ellis, adds "This was a strategic opportunity to enhance the services we offer clients, particularly in the industrial and logistics sectors. Combining Holley Blake with our existing resources gives us the premier industrial services platform from which to serve our clients and to fulfill our growth objectives."

"We are extremely excited by our merger with CB Richard Ellis," says Simon Blake, Partner, Holley Blake. "We considered a number of options, but CB Richard Ellis was clearly our first choice. Its global platform and strength in the marketplace will give us an excellent opportunity to grow our position both in the UK and internationally. Our clients will benefit enormously from this merger."