{"id":40959,"date":"2016-02-02T09:56:44","date_gmt":"2016-02-02T09:56:44","guid":{"rendered":"https:\/\/splash247.com\/?p=40959"},"modified":"2016-02-02T09:56:44","modified_gmt":"2016-02-02T09:56:44","slug":"australian-yard-bought-out","status":"publish","type":"post","link":"https:\/\/splash247.com\/australian-yard-bought-out\/","title":{"rendered":"Australian yard bought out"},"content":{"rendered":"<p>Singapore-listed Civmec has bought out Australia\u2019s largest privately owned engineering and shipbuilding company, Forgacs for A$20.75m ($14.6m).<\/p>\n<p>Based in New South Wales, Forgacs is engaged in major project engineering, construction and maintenance for both defence and commercial markets.<\/p>\n<p>Civmec has a yard in Western Australia<\/p>\n<p>Civmec CEO Pat Tallon said, \u201cThis acquisition gives us a strong presence on the East Coast of Australia, enabling us to provide national and regional clients with a range of services in line with those we currently provide on the West Coast of Australia.\u201d<\/p>\n<p>Tallon added, \u201cOur initial focus will be on steel fabrication and pre-cast concrete manufacture and over time we intend to combine the credibility of both the Tomago purpose-built shipbuilding facilities and Civmec\u2019s heavy engineering expertise to further strengthen our defence service offering.\u201d<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Singapore-listed Civmec has bought out Australia\u2019s largest privately owned engineering and shipbuilding company, Forgacs for A$20.75m ($14.6m). Based in New South Wales, Forgacs is engaged in major project engineering, construction and maintenance for both defence and commercial markets. Civmec has a yard in Western Australia Civmec CEO Pat Tallon said, \u201cThis acquisition gives us a &hellip;<\/p>\n","protected":false},"author":3,"featured_media":40960,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_ml_titleColor":"#000000","_ml_titleFont":"Roboto","_ml_titleFontSize":1.136,"_ml_titleFontWeight":"400","_ml_titleLineHeight":1.3,"_ml_metaColor":"#708090","_ml_metaFont":"Montserrat","_ml_metaFontSize":0.6785,"_ml_metaFontWeight":"400","_ml_metaLineHeight":0.92,"_ml_bodyColor":"#a9a9a9","_ml_bodyFont":"Open Sans","_ml_bodyFontSize":0.85,"_ml_bodyFontWeight":"400","_ml_bodyLineHeight":1.2,"_ml_wooPriceColor":"#666","_ml_wooPriceFont":"Open Sans","_ml_wooPriceFontSize":0.9,"_ml_wooPriceFontWeight":"400","_ml_wooPriceLineHeight":1.27,"_ml_headingColor":"#000","_ml_headingFont":"Merriweather","_ml_headingFontSize":2.02,"_ml_headingFontWeight":"700","_ml_headingLineHeight":1.47,"_mlglobal_userfontcolors":{"headingColorUser":[],"titleColorUser":[],"metaColorUser":[],"bodyColorUser":[],"wooPriceColorUser":[]},"_uag_custom_page_level_css":"","footnotes":""},"categories":[63],"tags":[203],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v22.4 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Australian yard bought out - Splash247<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/splash247.com\/australian-yard-bought-out\/\" \/>\n<meta property=\"og:locale\" content=\"en_GB\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Australian yard bought out - Splash247\" \/>\n<meta property=\"og:description\" content=\"Singapore-listed Civmec has bought out Australia\u2019s largest privately owned engineering and shipbuilding company, Forgacs for A$20.75m ($14.6m). Based in New South Wales, Forgacs is engaged in major project engineering, construction and maintenance for both defence and commercial markets. 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