Download presentation - Ausenco
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Expansion into Canadian oil sands market<br />
Delivering on strategy to grow Energy business<br />
• Acquired PROJEX Technologies – Canadian based provider of<br />
EPCM services to North American oil sands sector<br />
• Supports <strong>Ausenco</strong>’s strategy to expand services in North<br />
America’s high growth oil sands market<br />
• Acquisition complements 2012 acquisition of Reaction Consulting<br />
with full delivery of consulting process engineering expertise and<br />
onsite troubleshooting services<br />
• Structured to provide full range of services across entire lifecycle<br />
of oil sands projects<br />
• Aligned values, systems and culture with <strong>Ausenco</strong><br />
• After synergies, the acquisition is expected to deliver 2014 Energy<br />
revenues of $40 million and EBITDA of over $5 million<br />
Revenue<br />
$40m<br />
EBITDA<br />
$5m<br />
People<br />
220<br />
Acquisition of PROJEX TECHNOLOGIES LTD | 8 July 2013