Posted by: Erin Shilton March 3, 2017
Abergeldie complex Infrastructure has completed the transaction to purchase NZ Tunnelling and Micro Tunnelling specialist Harker Underground Ltd.
Harker Underground Limited www.harker.co.nz was established in 1988 and is one of New Zealand’s most respected tunnelling and micro-tunnelling companies.
Mike Harker, the son of Graeme Harker, and Abergeldie Complex Infrastructure www.abergeldie.com have jointly purchase the equipment and business of Harker Underground Construction Limited. Abergeldie will own around 80% of Abergeldie Harker Limited. Abergeldie Harker commenced operation on 01 March 2017.
“I am delighted that the Harker family once again own a share of the business my father founded. My brother Phillip will also continue to be a key member of staff.” Mike Harker said. “I have known Mick Boyle and Abergeldie for around 7 years and I have no doubt we will work well together and Abergeldie Harker will be very good for our employees and our clients and continue our Father’s legacy.”
“Abergeldie is excited to now own Abergeldie Harker with Mike Harker. Harker has a strong reputation built over 30 years, good equipment and very capable people. Most importantly for me Harker has a culture similar to that of Abergeldie based on safety, innovation, hard-work, fairness and building better communities” said Abergeldie founder and executive chairman Mick Boyle.
Abergeldie Harker is poised to grow and has the people, experience, systems and financial resources in place to become a significant player delivering complex infrastructure to water, wastewater, stormwater and rail asset owners across NZ.