M&A Deal Summary

CIMIC Acquires UGL

On October 10, 2016, CIMIC acquired construction company UGL for 524M AUD

Acquisition Highlights
  • This is CIMIC’s 3rd transaction in the Construction sector.
  • This is CIMIC’s largest (disclosed) transaction.
  • This is CIMIC’s 4th transaction in Australia.

M&A Deal Summary
Date 2016-10-10
Target UGL
Sector Construction
Buyer(s) CIMIC
Deal Type Add-on Acquisition
Deal Value 524M AUD

Target

UGL

North Sydney, Australia
UGL is a provider of engineering, construction and maintenance services for rail, infrastructure and resources projects in Australia, New Zealand, and Southeast Asia. UGL was formed in 1970 and is based in North Sydney, Australia.

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Buyer(S) 1

Buyer

CIMIC

North Sydney, Australia
Category Company
Founded 1899
Sector Construction
Employees24,381
Revenue 9.7B AUD (2021)
DESCRIPTION

CIMIC provide construction, mining and operation and maintenance services to the infrastructure, resources and property markets. CIMIC was founded in 1899 and is based in North Sydney, Australia.

DEAL STATS #
Overall 5 of 7
Sector (Construction) 3 of 4
Type (Add-on Acquisition) 3 of 5
Country (Australia) 4 of 5
Year (2016) 1 of 1
Size (of disclosed) 1 of 2
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2016-01-01 Leighton Contractors

Chatswood, Australia

Leighton Contractors is a construction company and undertakes infrastructure projects. Leighton Contractors was founded in 1949 and is based in Chatswood, Australia.

Sell -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2023-07-06 Novopro Projects

Montreal, Quebec, Canada

Novopro Projects is an engineering and metallurgy company that provides engineering services and process equipment to projects in North America, Europe, Africa, Middle East and Australia. Novopro Projects is based in Montreal, Quebec.

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