Nexii is a green construction tech company tackling the global environmental crisis through sustainable building products. The company’s innovative technologies allow for fast, efficient development of sustainable, more affordable, durable, and disaster-resilient buildings.
Omicron is one of the largest integrated development services, design, and construction firms in Western Canada.
The two companies 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. Their most recent work together was on the Courtyard by Marriott hotel in Nanaimo (pictured), currently under construction with their development partner PEG.
This week they announced that they will be merging and that Omicron will become a wholly owned subsidiary of Nexii.
“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,” Stephen Sidwell, CEO of Nexii says.
“Today’s merger formalizes and deepens this relationship and represents a natural strategic evolution for both companies. We are excited to join together to achieve better outcomes for our clients and for the environment.”
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.