CIMIC Group and Sojitz Corporation have formed a strategic partnership, valuing UGL Transport at $800 million, aiming to expand its services and markets, particularly in the Asia-Pacific region.

Information on the Target

UGL Transport, a division of CIMIC Group's UGL company, is a prominent integrated transport services platform operating primarily in Australia and New Zealand. With a projected revenue of approximately $1.1 billion for 2025, UGL Transport has established itself as a valuable asset, boasting a stable and experienced management team. The business’s service portfolio encompasses rolling stock manufacturing and maintenance, network management, transport operations, and advanced signalling and communications systems. Furthermore, UGL Transport maintains long-term contracts with government authorities and top-tier operators, positioning itself well for future expansion through adjacent services and technological innovations.

Industry Overview in Australia

The transport sector in Australia is a crucial component of the nation’s economy, significantly contributing to infrastructure development and economic growth. Due to the country’s geographic vastness, efficient transport networks are essential for connecting urban regions with rural areas. Recent reports indicate robust investments in the transport infrastructure sector, aimed at improving connectivity and reducing congestion in major urban areas.

The Australian government has been actively encouraging partnerships between public and private sectors to facilitate substantial upgrades to rail, road, and port infr