UGL (company)
| Company type | Subsidiary |
|---|---|
| Industry | Engineering, Construction, Asset management |
| Founded | January 1, 1970 in Perth, Western Australia, Australia |
| Founder | Charlie Bontempo, Sam Castelli, John Rubino, John Trettel |
| Fate | Acquired by CIMIC Group in December 2016 |
| Headquarters | Sydney , Australia |
Area served | Australia, New Zealand, Asia |
| Parent | CIMIC Group |
UGL, which was previously known as the United Group, is a firm specializing in engineering that delivers construction, maintenance, and asset management solutions within the rail, resources, and infrastructure industries. Additionally, it provides corporate real estate services, facilities management, and business process outsourcing tailored for property users. Its clientele encompasses leading corporations, government bodies, and organizations throughout Australia, New Zealand, and Asia. In December 2016, UGL became a subsidiary of the CIMIC Group.
History
Established in 1970 in Perth, Western Australia by Charlie Bontempo, Sam Castelli, John Rubino, and John Trettel, the company underwent a rebranding to United Construction Group in 1988.
UGL grew its operations through several acquisitions: Kilpatrick Green (specializing in engineering and facilities management) in 1998; the rail enterprise Goninan in 1999; corporate real estate company KFPW in 2002; Thames Water Projects Asia in 2004; Singapore’s Premas International along with Alstom's transport and rail divisions across Australia and New Zealand in 2005; Chicago-based Equis Corporation and Canberra's Peak Security in 2006; followed by Boston-based Unicco Services Company in 2007.
In 2011, UGL expanded by acquiring the commercial real estate firm DTZ, which it later sold in 2014 to a group comprising TPG Capital, PAG Asia Capital, and the Ontario Teachers' Pension Plan.
The CIMIC Group initiated a successful takeover bid for UGL in October 2016, finalizing compulsory acquisition of all remaining shares by December that year.
Timeline
- 1994 – Listed on the Australian Securities Exchange under the name United Construction
- 1997 – Changed name to United Group Limited
- 1998 – Purchased Kilpatrick Green
- 1999 – Took over Goninan
- 2002 – Bought KFPW from Knight Frank & PwC
- 2004 – Acquired Thames Water Projects Asia from Thames Water
- 2005 – Gained Premas and Australian & New Zealand divisions of Alstom
- 2006 – Added Equis, Fischer Industries, Goulburn Railway Workshops, Peak Security, and Steelplan to portfolio
- 2007 – Acquired Proactive Communication Solutions and Unicco
- 2009 – Rebranded as UGL Limited
- 2011 – Purchased DTZ
- 2014 – Sold DTZ
- 2016 – Integrated into CIMIC Group