Infrastructure solutions provider TUSP has been acquired by Australia’s largest privately owned civils contractor.
BMD snapped up the Ashford business management consultancy for an undisclosed sum in an ongoing expansion and diversification strategy.
Marking its first UK acquisition, BMD will further TUSP’s growth in transport, energy, defence and construction sectors.
The move comes after months of collaboration between TUSP and BMD’s London office, BMD Infrastructure Services, on a programme of works where TUSP and its clients benefited from BMD’s engineering expertise.
“This acquisition establishes our global brand, now with operations across multiple countries,” said BMD CEO, Scott Power. “Our diverse businesses work in integration to offer our clients exceptional teams who deliver value for money and innovative engineering solutions, through collaboration.”
Peter Anusas, managing director of BMD’s London office, added: “Ultimately this will advance BMD’s proven delivery experience in major projects and sustainable solutions and deliver increased value for money and social value outcomes for the UK construction sector.”
BMD started as a small family-owned company in Brisbane’s bayside in 1979. It now has around 1,800 employees and delivers infrastructure projects ranging in size from $1 million to more than $1 billion.
TUSP’s clients include VolkerRail, Alstom, Spencer British Engineering, Amey, and Network Rail.
BMD’s turnover last financial year was AUS$1.64 billion and it secured a pipeline worth AUS$2 billion.
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