Abergeldie becomes 100% Owner of Abergeldie Harker
Posted by: mwestby April 11, 2018
ABERGELDIE COMPLEX INFRASTRUCTURE BECOMES 100% OWNER OF NZ TUNNELLING AND INFRASTRUCTURE CONTRACTOR ABERGELDIE HARKER
Harker Underground Limited www.harker.co.nz was established in 1988 and was one of New Zealand’s most respected tunnelling and micro-tunnelling companies.
Mike Harker, the son of Harker Underground founder Graeme Harker, and Abergeldie Complex Infrastructure www.abergeldie.com jointly purchased the equipment and business of Harker Underground Construction Limited and renamed it Abergeldie Harker Limited, commencing operations on 01 March 2017.
Abergeldie Harker has recently been shortlisted in JV with Ghella by the Auckland water authority Watercare, to tender the $NZ1.2 billion Central Interceptor project (https://www.watercare.co.nz/About-us/News-media/Large-wastewater-project-counting-down-to-start-da)
In order to provide the commercial strength required to deliver a project such as Central Interceptor, Abergeldie Complex Infrastructure and Mike Harker have come to an agreement to restructure the business and make Abergeldie Harker a wholly owned subsidiary of Abergeldie Complex Infrastructure. Mike Harker’s share ownership of Abergeldie Harker has been transferred to an equivalent share ownership of the parent company, Abergeldie Complex Infrastructure.
As well adding to the commercial capability of Abergeldie Harker, this will allow expansion of its technical capability from shaft and tunnel construction and ensure it brings to the New Zealand market some of the niche capabilities that Abergeldie has developed such as shaft sinking by blind boring, pipe relining, excavation by blasting as well as our capabilities in the water and rail sectors.
Matt Mules, Harker National Manager, remains General Manager of Abergeldie Harker.
Abergeldie Harker is now even better placed 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.
Press Release enquiries please contact Matt Mules on +64 274455635.