Verbrec Limited Acquires Energy Infrastructure Management
Verbrec Limited (ASX:VBC) a leading mid-tier engineering service provider has acquired EIM.
The acquisition was completed on 31 December 2020.

Verbrec is pleased to announce that it has acquired Energy Infrastructure Management Pty Ltd. The acquisition was completed on 31 December 2020 and includes 100% equity of EIM.

Verbrec’s Managing Director Linton Burns said of the acquisition, “This is a compelling and transformational acquisition for Verbrec and demonstrates delivery of the first stages of our refocused growth strategy. EIM is a leader in the Australian engineering sector with a number of large tier-1 customers. It adds scale and capability to our existing pipeline business unit, OSD Pipelines, and is expected to integrate seamlessly.”

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We are pleased to announce that we have changed the name of one of our key subsidiaries, OSD Pty Ltd to Verbrec Infrastructure Services Pty Ltd as of 17 October 2022.

Rebranding to Verbrec represents our evolution and continued growth by leveraging emerging technologies, thereby remaining at the forefront of an ever-changing industry. Evolution, engineered.

Verbrec has expanded its capabilities significantly to support our clients’ needs and built what we are today, a leading mid-tier engineering, infrastructure, and training company operating across the entire asset life cycle.

Important: Please note that this is a rebranding exercise and as such, will be a name change only; there is no other change to the details of the business. The entity’s beneficial ownership, ABN, registered address and all other relevant details remain the same.

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