UGL, formerly known as the United Group, is an engineering company. The company provides construction, maintenance, and asset management services to the rail, resources, and infrastructure sectors, and corporate real estate, facilities management, and business process outsourcing services to property users. Its clients are large companies, governments and institutions in Australia, New Zealand, Asia. It was purchased by the CIMIC Group in December 2016.
History UGL was founded as an engineering construction firm in Perth, Western Australia in 1970 by Charlie Bontempo, Sam Castelli, John Rubino and John Trettel. In 1988, it was re-branded as the United Construction Group.Timeline UGL
UGL has acquired a number of businesses, including engineering, construction, and facilities management business Kilpatrick Green in 1998, rail company Goninan in 1999, corporate real estate business KFPW in 2002, Thames Water Projects Asia in 2004, Singaporean real estate services company Premas International (UGL Premas) and Alstom's Australian and New Zealand transport and rail businesses in 2005, Chicago-based Equis Corporation (UGL Equis) and Canberra-based Peak Security in 2006, and Boston-based Unicco Services Company (UGL Unicco) in 2007.Our History UGL
In 2011, a commercial real estate firm DTZ was acquired, but was sold in 2014 to a consortium of TPG Capital, PAG Asia Capital and the Ontario Teachers' Pension Plan. DTZ
In October 2016, CIMIC Group launched a successful takeover offer for the company,unconditional offer for UGL CIMIC 10 October 2016 with CIMIC applying in December 2016 to compulsorily acquire all remaining shares.Compulsory Acquisition of Remaining Shares in UGL Limited CIMIC Group 19 December 2016
Timeline 1994 – Listed on the Australian Securities Exchange as United Construction 1997 – Changed company name to United Group Limited 1998 – Acquisition of Kilpatrick Green 1999 – Acquisition of Goninan"United Group Buys Goninan from Howard Smith" Railway Digest October 1999 page 12 2002 – Acquisition of KFPW from Knight Frank & PwCUnited Group expands services business with acquisition of KFPW United Group 27 August 2003 2004 – Acquisition of Thames Water Projects Asia from Thames WaterUnited Group strengthens presence in water sector with $15 million acquisition of Thames Water Projects Australia, Singapore & Malaysia United Group 15 June 2004 2005 – Acquisition of Premas, and the Australian & New Zealand operations of AlstomAlstom signs agreement with United Group for sale of Australian & New Zealand transport business Alstom 2 June 2005 2006 – Acquisition of Equis, Fischer Industries, Goulburn Railway Workshops,UGL shuts up shop Goulburn Post 7 May 2010 Peak Security and Steelplan 2007 – Acquisition of Proactive Communication Solutions and Unicco 2009 – Changed company name to UGL Limited 2011 – Acquisition of DTZ 2014 – Disposal of DTZ 2016 – Taken over by CIMIC Group
References
External links Company website