maryanne

Mary Anne Low

Director – Credit research, infrastructure and resources

 

Company updates

Emeco - FY17 results highlight transformational year

Emeco successfully completed its recapitalisation exercise and mergers with Andy’s Earthmovers (Asia Pacific) Pty Ltd and Orionstone Holdings Pty Ltd on 31 March 2017, which resulted in an increased fleet sized (by around 80% to circa 800 machines in Australia) while reducing its average age, and stronger balance sheet with lower leverage.

Company updates

NRW acquires Golding

On 14 August 2017, NRW Holdings Limited announced it will acquire Golding Group Pty Ltd, a civil infrastructure, urban and mining services company operating in Queensland and New South Wales for AUD85m.

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