Latest
FAQ's
Can I share information about our new ownership with clients, partners and suppliers?
Have they already been advised?
Yes, we want to be transparent with our clients, partners and suppliers. Immediately after our employees were notified of the purchase of Georgiou by STRABAG, our team were reaching out to our clients to inform them. To help you have conversations with our clients, partners and suppliers as we progress there are key messages to assist you located on the transition internal website.
Client Key Messages
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Georgiou Group has entered advanced negotiations for the proposed acquisition of Georgiou Group by STRABAG Group, a European-based construction company.
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This potential strategic partnership will offer Georgiou Group, employees, and the Australian construction industry tremendous opportunities. The agreement is still subject to STRABAG receiving approval by Australia’s Foreign Investment Review Board. 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.
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Georgiou Group will be continuing to deliver all current and future projects as this change is expected to have little to no impact on our operations. Georgiou’s management will remain in place, ensuring stability and continuity for the business.
Can I share information about the potential new ownership with clients, partners and suppliers? Have they already been advised?
Yes, we want to be transparent with our clients, partners and suppliers. Immediately after our employees were notified of the purchase of Georgiou by STRABAG, our team were reaching out to our clients to inform them. To help you have conversations with our clients, partners and suppliers as we progress there are key messages to assist you.
Will there be any changes to our relationships with clients, partners and suppliers?
No.