Civilex Acquires Grampians Excavations
Melbourne-based Civilex acquires Stawell-based Grampians Excavations. The recent acquisition provides opportunities for both businesses to work within the civil construction industry together in both Melbourne and regional Victoria.
As a company, Grampians Excavations closely aligns with Civilex’s diverse range of infrastructure clients in both the private and government sectors and further complements the myriad of Civilex projects presently delivered. The acquisition provides Civilex immediate access to its large fleet of specialist excavation and earthmoving equipment, and – most importantly – some of the most experienced regional operators in the industry.
Grampians Excavations Founders Jim and Karen Leithhead established the business in the 1990s in Stawell. The acquisition will see the Leithhead family retain 25% shareholding and Jim will continue to manage the day to day business. The Civilex Directors – Joe Bartolo, Ray Dando, and Andrew Fairbairn – alongside Jim, will focus on expanding the company in preparedness for Victoria’s largest infrastructure boom.
Following the acquisition, Grampians Excavations and Soil Yard will be known as Grampians Excavations Pty Ltd, and the change in name will be reflected in a new company logo. Despite these changes, Civilex Managing Director Joe Bartolo says the core business and project operations of Grampians Excavations will remain unchanged.
To read more about the acquisition click on the press release – PR_Grampians Excavations.
Last week, Civilex Directors and key staff traveled to Stawell to meet current Grampians Excavations employees in person and to answer any questions they may have had in regards to the recent acquisition.
Civilex would like to thank the Grampians Excavations team for a great turnout at both the Melbourne and Stawell meetups and we look forward to working together in the near future.