SRG Global (ASX: SRG) has announced the acquisition of contracts worth $700 million across Australia and New Zealand. These contracts span several sectors including Water, Dairy, Resources, Transport, and Health. Notable agreements include long-term partnerships with SA Water and Fonterra, focusing on infrastructure projects like pipeline delivery and bridge maintenance.
SRG Global has successfully acquired $700 million in contracts across various sectors, showcasing its capabilities as a premier infrastructure services provider. These contracts include long-term agreements with repeat clients such as SA Water and Fonterra, reflecting SRG Global's commitment to delivering reliable infrastructure solutions. With projects commencing immediately and completion dates ranging from 2025 to 2026, the company is positioned for sustainable growth. The integration of the Diona business has bolstered SRG Global's presence in water security and energy transition sectors. With an 80% recurring earnings base, SRG Global's strategic focus remains on expanding its operations and reinforcing its status as a leader in the industry. The company's corporate vision aims to simplify complex challenges, ensuring robust service delivery across the asset lifecycle.
The acquisition of these significant contracts highlights the growth and momentum of SRG Global. Our strategic focus on securing long-term agreements in diverse sectors underpins our sustainable growth trajectory. We are excited about the immediate commencement of these projects and look forward to their successful completion,' said David Macgeorge, Managing Director.