Murphy enters agreement to partner with Abergeldie Complex Infrastructure
Abergeldie Complex Infrastructure (Abergeldie) today announced a strategic partnership with UK head-quartered J.Murphy & Sons Limited (Murphy) through a significant minority investment, positioning Abergeldie to become one of Australasia’s largest majority locally-owned contractors.
The transaction involves Murphy acquiring a 40% stake in Abergeldie, while Abergeldie’s current shareholders retain the majority. This partnership will enhance Abergeldie's capability to deliver larger-scale infrastructure projects while maintaining Australian control in a market of international players.
Murphy is a leading family-owned international specialist engineering and construction company founded in 1951 with operations across the UK, Ireland and North America, employing over 4,000 people. Murphy provides engineering and construction solutions to the energy, transportation, water and natural resources infrastructure sectors.
Murphy and Abergeldie share a proud heritage as family-owned businesses with strong commitments to community engagement and people-focused organisational values. Both businesses have aligned values of respect, integrity, trust, accountability, always delivering for the client and actively supporting their people and investing in career development.
Commenting on the partnership, Abergeldie Chief Executive Officer, Mark Bruzzone, said:
“This partnership with Murphy is a significant milestone, providing Abergeldie with valuable strategic and technical expertise to support our continued growth and diversification in Australia and New Zealand. This will equip Abergeldie with additional technical capabilities to enhance the delivery of larger projects to our valued clients, setting the foundation to enable us to continue to build better communities now and into the future.”
The transaction is expected to settle in May. With the current shareholders remaining the majority owners, there will be no changes to the day-to-day operations of the business. All staff will continue in their roles and on their current projects.
About Abergeldie
Abergeldie Complex Infrastructure (Abergeldie) was established in 1994 by Mick Boyle and his wife Robin Craig, driven by a dedicated mission to build better communities. Abergeldie has grown steadily, expanding its operational presence across the expanse of Australia and New Zealand, and now employs over 800+ skilled professionals. Ingenuity, innovation and determined attention to project planning and management have built our reputation as a leading contractor with a diverse range of capabilities. From constructing iconic bridges and roads that connect communities to water and wastewater asset reliability, dam safety upgrades and capital infrastructure projects in regional and metropolitan areas to multidisciplinary rail projects, complex tunnels and shafts and energy storage solutions that enable the transition to renewable energy, Abergeldie's reach extends far and wide and transforms communities.
About Murphy
Murphy is a leading international, specialist engineering and construction company founded in 1951, with a purpose to improve life by delivering world-class infrastructure. Currently operating in the United Kingdom, Ireland, Canada and America, Murphy provides better engineered solutions to infrastructure sectors including transportation; natural resources; energy and water.
Murphy has a number of related businesses – Ground Engineering; Utility Connections; Murphy Plant; Murphy Process Engineering; Pipeline Testing Services; Specialist Welding Services; and Electrical Services. Specialisms include delivering pipelines, design, structural steel, tunnelling, fabrication, bridges and piling, and a substantial holding of plant, equipment and facilities.
Murphy employs around 4,000 engineers, professional managers and skilled operatives. Together they work as ‘One Murphy’ - directly delivering the people, plant and expertise needed to make projects a success.