Downer EDI Ltd said in its annual report, out yesterday, it paid a gross consideration of $A55.4 million to buy Hawkins Construction Ltd from the McConnell family.
Downer EDI Ltd has signed an agreement to acquire the construction, infrastructure & project management businesses of the Hawkins Group from the McConnell family. In a separate transaction, the McConnell family sold the Harker Underground business to Australian company Abergeldie Complex Infrastructure and the Harker family 5 weeks ago. That transaction was due to be […]
Published 2 May 2012 Downer EDI Ltd announced a reorganisation yesterday for its 2 infrastructure businesses, Downer Australia & Downer NZ, to form Downer Infrastructure. It will consist of 5 operational divisions (Australia East, Australia West, New Zealand, Resources & Specialist Services). Downer Australia chief executive David Cattell has been appointed chief executive of the […]
Published 30 April 2012 Downer EDI Ltd said on Friday the Auckland Council & Auckland Transport had awarded it a series of contracts worth at least $224 million for road maintenance, open space management & facilities maintenance. Under the road maintenance contract, valued at $130 million over 4 years, Downer will provide road maintenance services […]
Published 25 May 2009 Downer EDI Ltd said on Friday it was considering a public offering in New Zealand of fixed interest, unsubordinated, unsecured bonds, maturing in September 2012. The issuer would be its wholly owned subsidiary, Works Finance (NZ) Ltd. The offer will be restricted to New Zealand residents. Downer EDI is an Australian […]
Published 20 April 2007 Engineering services group Downer EDI Ltd’s New Zealand-based engineering consultancy business, Duffill Watts Consulting Group, has acquired 2 consulting businesses – Tse Group Ltd of Wellington & Glasson Potts Fowler Ltd of Christchurch. The addition of the 2 businesses almost doubles the size of Duffill Watts to about 360 staff and […]