Calibre Group Announces the Sale of its Built Environment Division to Egis Group
Following a firm-wide strategic review, Calibre Group is pleased to announce that it has entered into an agreement to sell Calibre Built Environment, an end-to-end sustainable engineering and consulting services provider across Australia and New Zealand, to Egis Group, a global consulting and engineering services firm with over €1.16bn in annual turnover. This transaction allows Calibre Built Environment to join a fast-growing and highly complementary delivery platform in the region.
Calibre’s Chief Executive Officer and Managing Director, Peter Massey, commented “We would like to thank the Calibre Built Environment management team for their hard work and dedication to the firm over the past 10 years. The Built Environment division has developed into a leading end-to-end sustainable engineering services provider across Australia and New Zealand, and the acquisition by Egis Group provides an exciting opportunity for the next growth chapter of the company. Egis Group is a highly successful global consulting and engineering services firm who are a natural and complementary owner of Calibre Built Environment.”
Egis Group’s ANZ Managing Director, Alex Yee, commented “We are delighted to welcome Calibre Built Environment to the Egis family. We have a common focus on our people, our responsibilities to the planet and the community, and the creation of the sustainable cities of the future. At its heart Egis prides itself on the technical skills of our people and teams, and Calibre Built Environment’s market leading position in urban development, buildings, structures, transport and utilities engineering across Australia and New Zealand together with Egis’s globally recognised major project capabilities reinforce our unique end-to-end services offering and our ability to Impact the Future. Egis has been present in the Australasian markets approaching 40 years and Egis’s strategic acquisition of Calibre Built Environment is a new chapter in the Egis story and demonstrates our continued commitment to this dynamic region.”
The transaction is subject to customary conditions, including regulatory approvals, and, subject to satisfaction of those conditions, is expected to complete by calendar year-end. Greenhill and Ashurst advised Calibre Group on the transaction.
About Calibre Built Environment
Calibre Built Environment provides end-to-end sustainable engineering and consulting services focused on urban development, water & roads and building services & structures across Australia and New Zealand. The company provides leading advisory, civil engineering, structural engineering and construction management services to a strong base of high-quality private sector clients and government agencies. With a team of over 400 people, Calibre Built Environment supports clients in solving complex problems across the whole asset life cycle, from planning designs to asset disposal and decommissioning.
About Calibre Group
Calibre Group is a leading Australian provider of professional engineering, sustainable infrastructure and built environment solutions, working across multiple markets and industries, with an exceptional track record of project delivery for blue-chip clients. The Group is composed of Calibre QuadR, a sustainability-focused Australian consulting and engineering services provider across the resources, rail, renewables and rehabilitation sectors, Diona, a provider of essential community infrastructure across Australia, and Calibre Built Environment. From the delivery of ~$3bn in infrastructure to the execution of $30bn+ in resources projects, Calibre is enabling communities to thrive across Australia and New Zealand.
Website: Calibre Group | LinkedIn: Calibre
About Egis Group
Egis is an international player active in the consulting, construction engineering and mobility service sectors. We create and operate intelligent infrastructure and buildings capable of responding to the climate emergency and helping to achieve more balanced, sustainable and resilient territorial development. With operations in 120 countries, Egis places the expertise of its 18,000 employees at the disposal of its clients and develops cutting-edge innovation accessible to all projects. Through its wide-ranging fields of activity, Egis is a central player in the collective organisation of society and the living environment of citizens all over the world.
Website: Egis | LinkedIn: Egis | Instagram: @egisgroup | Twitter: @egis | Facebook: @egisgroup