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UGL (company)

From Wikipedia, the free encyclopedia
Engineering company

UGL
Company typeSubsidiary
IndustryConstruction and Engineering
Founded1970
Headquarters,
Australia
Area served
Australia, New Zealand, Asia
Key people
Doug Moss, Managing Director
ServicesEngineering
OwnerCIMIC Group
Number of employees
7,850 (June 2016)
ParentCIMIC Group
DivisionsUGL Rail
Websitewww.ugllimited.com

UGL, formerly known as theUnited Group, is an engineering company. The company provides construction, maintenance, and asset management services to the rail, resources, and infrastructure sectors, and corporate real estate, facilities management, and business process outsourcing services to property users. Its clients are large companies, governments and institutions inAustralia,New Zealand,Asia. It was purchased by theCIMIC Group in December 2016.

History

[edit]

UGL was founded as an engineering construction firm inPerth, Western Australia in 1970 by Charlie Bontempo, Sam Castelli,John Rubino and John Trettel. In 1988, it was re-branded as the United Construction Group.[1]

UGL has acquired a number of businesses, including engineering, construction, and facilities management business Kilpatrick Green in 1998, rail companyGoninan in 1999, corporate real estate business KFPW in 2002, Thames Water Projects Asia in 2004, Singaporean real estate services company Premas International (UGL Premas) andAlstom's Australian and New Zealand transport and rail businesses in 2005, Chicago-based Equis Corporation (UGL Equis) andCanberra-based Peak Security in 2006, andBoston-based Unicco Services Company (UGL Unicco) in 2007.[2]

In 2011, a commercial real estate firmDTZ was acquired, but was sold in 2014 to a consortium ofTPG Capital, PAG Asia Capital and the Ontario Teachers' Pension Plan.[3]

In October 2016,CIMIC Group launched a successfultakeover offer for the company,[4] with CIMIC applying in December 2016 to compulsorily acquire all remaining shares.[5]

Timeline

[edit]
  • 1994 – Listed on theAustralian Securities Exchange as United Construction
  • 1997 – Changed company name to United Group Limited
  • 1998 – Acquisition of Kilpatrick Green
  • 1999 – Acquisition ofGoninan[6]
  • 2002 – Acquisition of KFPW fromKnight Frank &PwC[7]
  • 2004 – Acquisition of Thames Water Projects Asia fromThames Water[8]
  • 2005 – Acquisition of Premas, and the Australian & New Zealand operations ofAlstom[9]
  • 2006 – Acquisition of Equis, Fischer Industries,Goulburn Railway Workshops,[10] Peak Security and Steelplan
  • 2007 – Acquisition of Proactive Communication Solutions and Unicco
  • 2009 – Changed company name to UGL Limited
  • 2011 – Acquisition ofDTZ[11]
  • 2014 – Disposal of DTZ[3]
  • 2016 – Taken over byCIMIC Group

References

[edit]
  1. ^Timeline UGL
  2. ^Our History UGL
  3. ^abDTZ becomes a private independent global property services company[usurped] DTZ
  4. ^unconditional offer for UGL[dead link] CIMIC 10 October 2016
  5. ^Compulsory Acquisition of Remaining Shares in UGL Limited CIMIC Group 19 December 2016
  6. ^"United Group Buys Goninan from Howard Smith"Railway Digest October 1999 page 12
  7. ^United Group expands services business with acquisition of KFPW United Group 27 August 2003
  8. ^United Group strengthens presence in water sector with $15 million acquisition of Thames Water Projects Australia, Singapore & Malaysia United Group 15 June 2004
  9. ^Alstom signs agreement with United Group for sale of Australian & New Zealand transport business Alstom 2 June 2005
  10. ^UGL shuts up shopGoulburn Post 7 May 2010
  11. ^Ruddick, Graham (6 December 2011)."DTZ sold to Australia's UGL".The Daily Telegraph. London. Retrieved11 December 2011.

External links

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