One of the  biggest  and longest established rural based engineering companies in New South Wales has recently changed hands for $5 million through the auspices of our office.

The company, National Engineering Pty Ltd based in the country area of Young has been acquired by Envirozel Limited, a listed public company specialising in developing a portfolio of  engineering and construction companies.

In acting for National Engineering, with our experience and past successes of selling similar businesses, we sourced a serious strategic buyer.

Envirozel Limited emerged in June 2004 as a listed public company, with a strategy of organic growth and the acquisition, of specialist providers of services and equipment to the infrastructure, environment and construction industries.

Businesses with strong positions in their respective markets and exceptional growth opportunities have been steadily acquired by this company.

We saw National Engineering Pty Ltd as being a perfect fit for the Envirozel stable.
The sale became Envirozel's fourth acquisition since 2004 and its first strategic move into N.S.W.

Established at Young in south western New South Wales in 1890, National Engineering has grown to a workforce of 70 employees and an annual turnover of about $15 million.

Through gradual expansion it became involved in major steel construction contracts such as the Olympic stadium,  The Olympic Velodrome and The Sydney Aquatic Centre.