UGL Limited


UGL, formerly known as 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. In 1988 it was rebranded as the United Construction Group.
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 and Alstom's Australian and New Zealand transport and rail businesses in 2005, Chicago-based Equis Corporation and Canberra based Peak Security in 2006 and Boston based Unicco Services Company in 2007.
In 2011, a commercial real estate firm DTZ was acquired. It was sold in 2014 to a consortium of TPG Capital, PAG Asia Capital and the Ontario Teachers’ Pension Plan.
In October 2016, CIMIC Group launched a takeover offer for the company. This was successful with CIMIC applying in December 2016 to compulsorily acquire the remaining shares.

Timeline