Beca acquires Australian engineering consultancy

1 July 2008

Beca acquires Australian engineering consultancy

International engineering consultancy Beca, headquartered in New Zealand, today announced it had acquired a Wollongong, New South Wales-based civil and structural engineering firm, MBK South Coast Pty Ltd. From July 1, MBK will be renamed Beca and will relocate to new premises in Wollongong University's Technology Park in August.

Beca Chief Executive Richard Aitken said the deal significantly enhanced the company's service offering in one of Australia's most significant industrial markets.

"Beca has been active in the Wollongong area for the last three years, particularly in the steel industry, and has been providing services to BlueScope Steel internationally since 1976", Mr Aitken said.

"The acquisition of MBK complements our existing service portfolio in Australia and gives us stronger permanent local resources in civil and structural engineering as well as a local Computer Aided Design team.

"We see enormous potential in The Illawarra region and look forward to growing our business as well as providing professional development opportunities to new staff joining us from MBK South Coast."

MBK South Coast was established in Wollongong in 1997 and provides civil and structural engineering services, project management, planning design, documentation and contract administration services. The company has built strong client relationships within the public and private sector, and a reputation for delivering quality services.

MBK Director, Mr Emil Toussis, said the acquisition was exciting for MBK's staff and clients, who will have access to Beca's global network of expertise.

"Beca and MBK already work well together and the synergies between our businesses became quite obvious. We knew our staff and our clients would benefit enormously by the two businesses combining."

Beca has operated in Australia since 1960 and, following the acquisition of MBK, now employs over 300 people in Melbourne, Sydney, Wollongong and Brisbane. In the Australian market Beca works primarily in the power, water and wastewater, mining and metals, airports, food and beverage and management services sectors.

Ends

About Beca Beca

is an international employee-owned engineering and related consultancy services group specialising in the design and management of award-winning projects.

The group works on projects in more than 70 countries across six key sectors: water and wastewater, mining and metals, food and beverage, power, airports and management services.

There are more than 300 people employed in the growing Australian business and more than 2,000 people within the Beca group. The Australian head office is in Melbourne, with offices and technical staff located in Sydney, Wollongong and Brisbane, as well as located at key client sites.

The group head office is in Auckland, New Zealand with more than 30 more offices across the globe in Singapore, Indonesia, New Caledonia, Myanmar, China, United Arab Emirates, UK and Chile.

www.beca.com

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