This is an exciting new chapter; we will continue operating as Georgiou Group Pty Ltd, delivering the same quality, expertise, and commitment you know and trust.
In an earlier statement regarding the acquisition in November 2024, Gary Georgiou, Chief Executive Officer of Georgiou Group shared, “By joining the STRABAG Group, Georgiou will benefit from being part of a large, sophisticated multi-national organisation through increased financial backing and access to proven technical capability, experience and assets that extend beyond our current resources”.
“This expansion of capability offers immense value and opportunity not only for Georgiou as a commercial entity, but also for our people and the Australian construction industry as a whole.”
The decision to enter negotiations with STRABAG was made after careful consideration of Georgiou Group’s future and the potential benefits this acquisition could bring to employees, clients and partners while ensuring Georgiou’s values and vision are upheld.
Thank you to our team and clients, for your support, engagement, and collaboration throughout this process.
– ENDS –
Please see our previous communications for further information and quotes from Gary Georgiou, CEO and John Georgiou, Executive Chairman of the Georgiou Group Board of Directors.
Media Statement – 29 January 2025
Media Statement – 28 November 2024
CONTACT:
Emma O’Rourke, National Communications Manager
T: +61 448 805 243
SUPPORTING CONTENT:
Georgiou is an Australian contractor working across public and private infrastructure. In civil construction, Georgiou works across the transport, defence, mining, oil and gas, urban development, marine and water. In building construction, it includes health, education, age care, residential, industrial, non-process infrastructure and retail. Founded in 1977 and delivering projects across Australia, our business is built on the values of care, excellence and integrity.