The Roberts Co Group, a tier one construction company, has acquired the remaining 50 per cent shareholding and will officially change its name to reflect its new Australian-ownership.
Italian construction and civil engineering firm Impresa Pizzarotti & C. S.p.A. were the previous owners of the shares.
Roberts Co will consolidate as a global business with established operations in Australia, the Middle East and Europe.
The company has worked on Zurich Tower in North Sydney, North Shore Health Hub, redevelopment of Concord Hospital, upgrades throughout the Liverpool Hospital precinct and The Schools at Meadowbank Education and Employment Precinct for the NSW Government.
Australian CEO Alison Mirams said the company is extremely proud of the success achieved to date and believe this move will allow us to direct our energy into further growth and expansion in Australia.
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“We have over $650 million in current contract value on the books with a team exceeding 140 employees,” she said.
Mirams said Roberts Co will continue to drive change within the construction industry where it has already gained a reputation as a positive disruptor and innovator.
The company now has a 5-day working week and a concerted organisational drive towards higher female participation (32 per cent of the company’s employees are currently women, including 65 per cent of its executive team) and supporting a major focus on work/life balance among all construction personnel.
“People, relationships and a unique approach to business are at the heart of our organisation,” Mirams said.
“We are a team of thinkers, continually developing innovations to improve and simplify how the industry operates, empowering our workforce, finding smarter ways to work and delivering enhanced value to our clients.”