Symal Group acquires Grampians Excavations.
Symal Group is excited to announce their recent acquisition of Grampians Excavations. The well-established Stawell-based company has over 25 years’ experience in the civil construction industry providing earthworks and civil construction services in both regional Victoria and inner suburbs of Melbourne.
Founders Jim and Karen Leithhead established the business in the 1990s in Stawell. This acquisition will see the Leithhead family retain 25% shareholding and Jim will continue manage the day to day business. The Symal Group Directors, alongside Jim, will focus on expanding the company in preparedness for Victoria’s largest infrastructure boom.
“We’re excited to embark on a new journey with Symal Group. Today our regional business opens a door which will result in a multitude of opportunities for regional growth, expansion of our business and furthering the expertise development in our people,” says Jim Leithhead.
As a company, Grampians Excavations closely aligns with Symal Group’s diverse range of infrastructure clients in both the private and government sectors, and further complements the myriad of Symal Group projects presently delivered. The acquisition provides Symal Group immediate access to its large fleet of specialist excavation and earthmoving equipment, and – most importantly – some of the most experienced regional operators in the industry.
Joe Bartolo says, “Jim’s connection with the local community and his hard work in building Grampians Excavations over the past 25 years is evidenced by his business success, legacy and the people working for him. We’re thrilled to invest in Jim’s business to further support, develop and expand Grampians Excavations and together foster an employer of choice culture well into the future.”
Following the July 1 acquisition Grampians Excavations will be known as Grampians Excavations Pty Ltd, and the change in name will be reflected in a new company logo. Despite these changes, Joe Bartolo says the core business and project operations of Grampians Excavations will remain unchanged.
“July 1 will see Grampians Excavations continue operating like any other day. Most importantly Symal Group is wholly committed to maintaining the people-focussed culture Jim and his team have established. We look forward to providing Grampians Excavations access to resources and opportunities that further establish Grampians Excavations’ reputation as a contractor of choice in regional Victoria.”
The acquisition is expected to assist in Grampians Excavations growth through high level engineering collaboration and expertise, streamlining business processes and spearheading the acquired company to the next level in civil construction service, quality and delivery.
About Symal Group
Symal Group is a leading Melbourne-based civil construction company specialising in large civil projects throughout Victoria. We undertake construction works in various industries including transport, port, rail, water, resources, urban development and energy. Our customers value our adaptability, innovative thinking and attention to detail, cementing our reputation as a contractor of choice. Our diverse team deliver quality outcomes on all projects exceeding expectations and reflecting exceptional results.
Download a copy of the press release here.