G&S Engineering has extensive experience encompassing the entire project lifecycle from construction, through maintenance and optimisation to final decommissioning and deconstruction of a project. Its core services include:
- maintenance and asset management services, providing maintenance, shutdown, optimisation and sustaining capital solutions for new and existing surface and underground fixed and mobile plant; and
- construction, delivering both greenfield and brownfield capital projects for clients' operational assets and infrastructure.
G&S has offices in MacKay, Brisbane and Perth and employs approximately 1000 people across its three main divisions.
The sale and purchase are conditional on a number of normal course conditions precedent and, subject to satisfaction of those conditions, are expected to complete in late July 2018.
This acquisition continues DRA's rapid expansion in the Asia Pacific region and the company said the move will provide a significantly expanded footprint in Australia, specifically on the East Coast where G&S Engineering has an extensive presence. It will also significantly extend DRA's procurement, project management, construction, commissioning and operations and maintenance capabilities in Australia, opening up new long-term opportunities, and providing increased scale to DRA's Australian operations.
Greg McRostie, managing director of DRA for Asia-Pacific, commented: "The acquisition of G&S Engineering is very much in line with our growth strategy. We have been working closely with them for over a year now and I am delighted they will be joining the DRA group.
"Australia is a key market for DRA and this acquisition gives us a well-established maintenance and optimisation platform as well as a greater presence in the region, while broadening the scope of services we can offer our clients. The management team at G&S has a strong track record and relationships with a number of Australian resources companies, and we look forward to working with them and the broader G&S team as we grow our business."