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It has been announced today that Indec has entered into an agreement to be acquired by Egis, a €1.07bn turnover construction engineering and mobility services group that operates worldwide and has a global workforce of 16,000 employees.

Building on its 30 years of sound experience in road tunnel maintenance and architecture in Australia, Egis has recently expanded its rail engineering and consultancy services in both Australia and New Zealand. The acquisition of Indec enables Egis to accelerate its ambition to become a key player in the Australian infrastructure market as well as to strengthen its Australian presence in transportation and mobility, built environment, defence and water markets.

“We are very excited to be joining the Egis global network. During this time of a rapidly expanding Australian infrastructure pipeline, Indec will now be able to access global capabilities to better meet the complex needs of our existing and future clients. Egis and Indec share a common vision for the future growth of the business in the Australian market and the opportunities that such growth will provide for our staff,” said David Gotze, Managing Director and Founder of Indec.

Indec’s current shareholders will retain a significant ongoing stake in the business and will continue to lead its growth.

Find the press release from Egis here.

For more information about Egis Group, visit www.egis-group.com