Transfield Services (TSE) will boost its engineering capabilities with today’s signing of the agreement to acquire Industrial Contract Designers (Asia Pacific) Pty Ltd (ICD) from Shell Australia for A$13 million. ICD’s team of 180 people delivers engineering and design of maintenance and brownfield projects to the hydrocarbons, processing and related industries.
Transfield Services’ Managing Director and Chief Executive Officer, Dr Peter Goode said today: “ICD will broaden our service offerings by giving us the ability to integrate engineering services into our high quality maintenance and project service delivery capabilities. This acquisition will also give ICD access to a much wider range of clients in new industries such as water, power, mining and processing globally.”
Established in 1970, ICD has long-standing engineering services relationships with major petrochemical customers in Australia. Transfield Services delivers essential services to key industries in the resources and industrial, property and infrastructure sectors. A leading global provider of operations, maintenance, and asset and project management services, Transfield Services has more than 28,000 employees in Australia, New Zealand, the United States, Canada, the United Arab Emirates, Qatar, India, Malaysia, Chile and New Caledonia.
Tags: Engineering Services, New acquisition, Transfield Services, TSE
