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National engineering and construction company acquired
Two firms have advised on the acquisition of an engineering and construction company by a Singapore-based consultancy firm.
Emma Musgrave
Firms: MinterEllison (SMEC); DLA Piper (Surbana Jurong)
Value: $451 million
Area: M&A
Key players: The team advising SMEC was led by MinterEllison partner Tim Watkin (pictured), with assistance from special counsel Sudharshan Senathirajah, senior associate Keith Tan, senior associate Kelly Griffiths and associate Amy Hirth.
Deal significance: SMEC was established by the Australian federal government in 1949 to build the Snowy Mountains Hydroelectric Scheme and was privatised in 1993. It has 75 offices worldwide and specialises in transport, energy and water projects.
Surbana Jurong is a Singapore-based consultancy firm and a wholly owned subsidiary of Singapore’s state investment group Temasek.
The acquisition will see SMEC become a subsidiary of Surbana Jurong. It will retain its management team and brand name.
The combination of the two parties will give them an extensive global presence, with offices in Asia, Australia, the Middle East, Africa, Europe and North and South America, employing more than 9,400 professionals.
Emma Musgrave
Emma Musgrave (née Ryan) is the managing editor, professional services at Momentum Media.
Emma has worked for Momentum Media since 2015, including five years spent as the editor of the company's legal brand - Lawyers Weekly. Throughout her time at Momentum, she has been responsible for breaking some of the biggest stories in corporate Australia. In addition, she has produced exclusive multimedia and event content related to the company's respective brands and audiences.
Prior to joining Momentum Media, Emma worked in breakfast radio, delivering news to the Central West region of NSW, before taking on a radio journalist role at Southern Cross Austereo, based in Townsville, North Queensland.
She holds a Bachelor of Communications (Journalism) degree from Charles Sturt University.
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