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Surbana Jurong buying SMEC for $400m

Singapore-based Surbana Jurong is acquiring Australia-based infrastructure consultancy firm SMEC, a company it has collaborated - and competed - with in the past. Click here to read more.

(The Straits Times © Singapore Press Holdings Limited. Reproduced with permission)

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Surbana Jurong buying SMEC for $400m
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Surbana Jurong acquires SMEC to be one of Asia's largest consultancy powerhouses in urban & infrastructure developments

- Surbana Jurong acquires 100% of SMEC, Australia for approximately S$400 million; - Transformational acquisition will increase its global workforce to almost 10,000 employees in over 42 countries with a combined revenue of about S$1.1 billion; - Combined entity has unique complete value chain competencies in urban and infrastructure solutions to service its clients globally

SMEC signs MOU with Oriental Consultants Global to provide enhanced project management expertise

SMEC International Pty Ltd of Australia, a wholly owned subsidiary of the Surbana Jurong Group, has signed a Memorandum of Understanding (MOU) with Oriental Consultants Global Co. Ltd (OCG) of Japan to build on OCG and SMEC’s successful partnering in South Asia and Asia Pacific and extend it into the South American region.

Surbana Jurong acquires SMEC to be one of Asia's largest consultancy powerhouses in urban & infrastructure developments

- Surbana Jurong acquires 100% of SMEC, Australia for approximately S$400 million; - Transformational acquisition will increase its global workforce to almost 10,000 employees in over 42 countries with a combined revenue of about S$1.1 billion; - Combined entity has unique complete value chain competencies in urban and infrastructure solutions to service its clients globally

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On 27 March 2017, SMEC, a member of Surbana Jurong (SJ) Group, made its milestone acquisition of PDR Engineers (PDR) since joining SJ in August 2016. The combined footprint of SMEC and PDR in northern Australia establishes a strong regional network of offices in Cairns, Townsville, and Darwin, and also enhances the Group’s engineering capabilities in the region.