Downer Group

Downer Group

Type	Public
Traded as	ASX: DOW
Founded	1933
Founder	Arnold Fielder Downer
Headquarters	Sydney, Australia
Key people	Grant Fenn, CEO and Managing Director
Services	Engineering & Infrastructure
Operating income	$6.56 billion (June 2016)
Net income	$181 million (June 2016)
Number of employees	19,000 (June 2016)
Divisions	Engineering & Construction Mining Rail Technology & Communications Transport Services Utilities
Website	www.downergroup.com

Downer Group is a company that provides engineering and infrastructure management services to the public and private transport, energy, infrastructure, communications and resources sectors, across Australia, New Zealand and the Asia Pacific region.

The Downer Group was founded in New Zealand in 1933 as Downer & Co by Arnold Fielder Downer focussing on providing engineering and construction services to the public and private infrastructure sectors in New Zealand, including the New Zealand Public Works Department. In 1954 it merged with William Cable Holdings and in 1964 with A&G Price to form Cable Price Downer.

In 1994, Downer merged with Hong Kong based Paul YITC. In 1996, Works Corporation, the state-owned enterprise civil construction arm of the New Zealand Ministry of Works & Development was purchased. In 1997, mining contractor Roche Brothers was acquired. In 1998 the company was listed on the Australian Securities Exchange.

In 2000, road sealing business Bitumix was acquired from BP. In 2001 Downer merged with Evans Deakin Industries to form Downer EDI. In October 2014, the construction assets of Tenix were acquired.

Projects undertaken by the company have included:

Downer Rail was formed in March 2001 as EDI Rail following the purchase of Evans Deakin Industries by Downer Group. Evans Deakin operated the former Clyde Engineering plants at Kelso and Somerton and Walkers Limited, Maryborough plant. It reopened the former Cardiff Locomotive Workshops to build CityRail M sets. In July 2007 it was renamed Downer Rail.