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June 21, 2022
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- Fagioli has established a 50:50 joint venture with
the Australian Monadelphous
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- The aim is to exploit the opportunities of the
expected growth of the Australian market in particular in the sectors
oil & gas, mining and infrastructure
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 The Italian Fagioli, a company specialized in transport,
worldwide lifting and handling of exceptional loads,
announced the establishment of Alevro, a joint venture
equal with the Australian construction giant
Monadelphous. The new company, based in Perth, state
of Western Australia, was created by the two companies
with the aim of jointly carrying out projects of
lifting and exceptional transport in Australia in sectors in
strong growth such as oil & gas and mining, as well as
to the sector of large civil and infrastructural works.-
- Fagioli highlighted that in the next five years, in fact, in
Australia is expected to boom in new projects both in the
mining sector (in particular for the creation of new mines
of lithium, cobalt and other rare earths, increasingly needed
to fuel the growing green revolution and to enable
Western countries to diversify the sources of supply of
these minerals), both in oil & gas (for the construction of
new LNG export terminals), for a total of more than 80
billions of euros. Fagioli specified that the partnership with the
Monadelphous group will facilitate the access of the company
Italian to a vast number of projects otherwise hardly
reachable due to the high barriers to entry for the
foreign operators. Monadelphous, on the other hand, will be able to count
on the unique engineering capabilities of the Fagioli Group and
on the numerous and qualified references by the large EPCs
(Engineering, Procurement and Construction) contractor
international, for which he contributed to the realization of
projects of extraordinary engineering complexity.
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- In the development plans, Fagioli foresees in the next three years to
double revenues in the Asia Pacific area.
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- Via Raffaele Paolucci 17r/19r - 16129 Genoa - ITALY
phone: +39.010.2462122, fax: +39.010.2516768, e-mail
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