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NRW Holding Acquires BCG Contracting

Mining News - Published on Mon, 02 Dec 2019

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NRW Holdings Limited announced that it has executed an agreement to acquire 100% of BGC Contracting with an assumed economic effective date of 31 August 2019. The Acquisition values the equity of BGC Contracting at AUD 116.4 million. As part of the Acquisition NRW will also assume AUD193.6 million of debt related to asset finance. The Acquisition implies an enterprise value of AUD 310 million.

BGC Contracting provides services to the resources, energy and infrastructure sectors across three core businesses: Mining, Construction and DIAB Engineering

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Posted By : Rabi Wangkhem on Mon, 02 Dec 2019
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