UGL’s recently acquired Innovative Asset Solutions Pty Ltd (IAS Group) – is a specialist provider of asset life extension and critical repair solutions in the resources, infrastructure and industrial sectors.
Part of UGL’s Services Division, IAS Group’s expertise in asset preservation, maintenance and decommissioning augments UGL and CIMIC Group’s provision of integrated whole-of-life solutions across multiple sectors.
CIMIC Group Executive Chairman and Chief Executive Officer Juan Santamaria said: “IAS Group’s technical expertise and technology-enabled solutions extend CIMIC Group companies’ integrated offering. We continue to invest in and grow our business – always stepping-up our ability to innovate and safely meet our clients’ long-term operations and maintenance objectives for value, reliability and productivity.”
The IAS Group acquisition included exclusive access to innovative technologies, as well as secured projects, experienced personnel, and facilities across Australia.
UGL Managing Director Doug Moss said: “IAS Group forms part of UGL’s Services Division in a seamless fit with our services capabilities. Immediate benefits have included integrating technical solutions such as fabric maintenance for oil and gas assets, which UGL is now able to self-perform. We greatly value our new team members, and continue embracing new technologies that build our service offering.”
More about IAS Group
IAS Group is a technology enabled fabric maintenance business. Its capabilities include the inspection, preservation and repair of process equipment and structural assets, applying a range of coating and insulation solutions.