# NRW Holdings acquires Golding Group for AUD 85 million

NRW Holdings Ltd acquired Golding Group, a civil infrastructure, urban and mining services company in Queensland and New South Wales, for an enterprise value of AUD 85 million, funded by debt and equity.

- Type: Acquisition
- Announced: 2017-08-13
- Where: Queensland and New South Wales, Australia
- Value: $67.0M (85.0M AUD)
- Status: announced
- Products: civil infrastructure services, urban services, mining services
- Sectors: [Mining Equipment](https://endata.com/sectors/mining-equipment.md), [Construction Materials](https://endata.com/sectors/construction-materials.md)

## Companies

- [NRW Holdings](https://endata.com/companies/20658.md) (acquirer)
- [Golding Group](https://endata.com/companies/26241.md) (target)

## Sources

- [investorinsight.com.au](https://investorinsight.com.au/nrw-holdings-transformational-acquisition-of-leading-east-coast-contractor-golding-group/), 2017-08-13: "Golding is a strategically and financially compelling acquisition, with the potential to deliver growth across the business and drive NRW shareholder value."

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