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17 June 2019 The on-line newspaper devoted to the world of transports 00:38 GMT+2



October 4, 2012

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Original news
The Australian group Austal expands own activity to Darwin

Acquired the Hydraulink NT and its subsidiary KM Engineering

The navalmeccanico group Australian Austal increases own presence to Darwin acquiring the Hydraulink NT, company that produces to mainly pipelines and accessories for the industrial field, and its subsidiary KM Engineering (HKME). This last one is an engineering society that work above all in the field of the defense to service of the Royal Australian Navy and the Australian Customs and Border Protection Service and also in the section of the oil and the gas.

The agreement previews that the activities of the HKME to Darwin are melted with those premises of the Austal and that this last one acquires 80% of such turning out Australian activities for 8,0 million dollars (USA 8,2 million dollars) to which a sum until other 2,0 million dollars will be able to be added Australian on the base of the performances achieved from the new society.

“To operate for the Royal Australian Navy and the Australian Customs and Border Protection Service - the managing director of the Austal has commented, Andrew Bellamy - it is the key for the success in the long term of the Austal. With the HKME, the Austal an important ability to service of the fleet of pattugliatori of the class “constructed Armidale” from the Austal and of the future fleet of “Chief” pattugliatori of the class” anticipates specifically.

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