# CIMIC Group acquires remaining interest in Thiess Group for A$1.18 billion

CIMIC Group, a HOCHTIEF company, has acquired the remaining interest in Thiess Group for A$1.18 billion, returning the global mining services business to full ownership.

- Type: Acquisition
- Announced: 2026-07-01
- Where: Australia
- Value: $790.0M (1.18B AUD)
- Status: announced
- Products: mining services
- Sectors: [Mining Equipment](https://endata.com/sectors/mining-equipment.md)

## Companies

- [Thiess](https://endata.com/companies/15208.md) (target)
- [CIMIC Group](https://endata.com/companies/20208.md) (acquirer)
- [HOCHTIEF](https://endata.com/companies/22621.md) (partner)

## Sources

- [hochtief.com](https://www.hochtief.com/news-media/press-releases/press-release/hochtief-company-cimic-returns-thiess-to-full-ownership-strengthening-global-mining-services-platform), 2026-07-01: "Thiess is a high performing business with long term contracts, strong cash flow generation and a clear strategy aligned to the evolving needs of the resources sector."

---
Data from Endata (https://endata.com/). Announcements are summarized from public sources and may be incomplete; check the linked originals.