Tenix Pty Limited provides solutions to owners of gas, electricity, water, wastewater, heavy industrial, and mining assets in Australia, New Zealand, and the Pacific. The company is engaged in the project design, management, construction, commissioning, operation, maintenance, rehabilitation, and asset management of water and wastewater treatment plants; design, procurement, fabrication, construction, testing, commissioning, protection, and maintenance of power assets to utility, mining, and other infrastructure asset owners; and design and construction of transmission laterals, regulator and metering stations, network rollouts, mains renewals, and insertions, as well as leakage surveys, pip...
40 Mount Street
North Sydney, NSW 2060
Founded in 1997
DOW Plans To Privatize Electricity Networks; To Acquire Tenix
Oct 21 14
Downer EDI Limited (ASX:DOW) is planning to privatize its Queensland and NSW electricity networks to offset declines in mining services with a AUD 300 million deal to acquire Tenix Pty Limited business from the Salteri family. Grant Fenn, Chief Executive Officer of DOW, said that the business had strong growth prospects. "There is little overlap between the two companies and Tenix will be the foundation for new core utilities business for Downer," he said. "The decision to sell the business to Dow has been difficult for shareholders, as we believed the business is well positioned in its markets to take -advantage of exciting growth -opportunities," Paul Salteri, Chairman of Tenix said in a statement.
Downer EDI Limited, Tenix Pty Limited - M&A Call
Oct 20 14
To discuss the acquisition of Tenix