WA-based privately-owned AvidSys Group has wrapped up the purchase of RCR Tomlinson’s Resources, Power and Water West businesses with the acquired businesses to be renamed AVID Resources.
With a team of 160 employees, AVID Resources will continue to be led by former Executive General Manager of RCR Resources Andy Griffin.
The business will soon move to a new head office in the Perth CBD and will be setting up its workshop facilities at a new site in the Industrial area near the Perth International Airport.
This transaction represented a strategic extension of our global strategy to provide vertically integrated end-to-end businesses as part of our wider group,” said Ansh Gautam, Chairman of the Resources division said.
“The RCR team is well regarded across Australia and I strongly believe that with financial and operational support from AvidSys they will continue to deliver high-quality production and services under the AVID Resources brand.”
“With the support of AvidSys Group we can continue the outstanding work we have achieved for current clients and progress a range of new project opportunities,” said Andy Griffin, AVID Resources Executive General Manager.
“With our future secure and an owner who is not only financially and operationally committed to the business, its staff and clients, but who also has strong existing industry relationships, we are now well placed to expand our offering and grow the historical businesses under the AVID Resources brand,” he added.
AvidSys Group is an international group of businesses operating across metals and mining, media, construction and infrastructure development and the industrial automation, property and software development sectors.
It provides engineering, procurement, construction, industrial automation and technology services across a wide range of sectors including mining, manufacturing, oil and gas, power and water for some of the world’s leading companies including BHP, Rio Tinto, Anglo American, FMG and others.
In Australia, AvidSys also owns REMSAFE – established industry leader in remote isolation technology – and a management consulting and bulk commodity trading business.