Engineering and construction contractor Calibre Group has reported a 13 per cent fall in half-year net profit, driven by a slump in revenue from its rail and transport business.
Calibre Group subsidiary Brown Consulting has acquired New Zealand-based engineering firm Spiire NZ for $NZ1.9 million ($1.75 million) from Downer as it continues efforts to diversify into new markets.
Calibre Group says it is well-positioned to win further works in Singapore after securing a $14 million deal with a Singaporean government agency for underground rail engineering services.
Engineering contractor Calibre Group's Victoria-based subsidiary Brown Consulting has expanded into the west, acquiring Perth-based structural and civil engineering firm E-Tec Consultants.
Privately-owned engineering and contracting company Calibre Global has announced its fifth acquisiton in the past two years, with the purchase of Melbourne-based infrastructure servi
