Cimeco Pty Ltd
In 2006, Forge Group Ltd (then trading as aiConstruction Ltd) purchased all share capital in Cimeco Group Pty Ltd, a regional construction company operating in the south of Western Australia.
Following the acquisition it was confirmed that longer term economies of scale, better utilisation of management, plant and working capital could be achieved by merging the two operations. aiConstruction and Cimeco Group Pty Ltd merged to become Cimeco Pty Ltd in 2007 with operations in Australia and West Africa.
The merger enabled the new entity to provide construction services across a wide range of disciplines including, commercial building, civil, concrete, structural, mechanical, piping, tanks and electrical. It gave the Forge Group the flexibility to act as engineer only (EPCM), constructor only or engineer and constructor (EPC).
In 2007, aiConstruction Ltd began trading as Forge Group Ltd (Forge) and listed on the ASX in June of that year.