Pasadena, Calif.-based Tetra Tech Inc. announced in an Oct. 14 press release its acquisition of the Australian geotechnical firm, Coffey International Ltd.
The release noted that Coffey was founded in 1959 as Australia’s first geotechnical engineering firm and that it currently employs 3,300 staff globally who focus on three core service areas—international development, geoservices, and project management. For the most recent fiscal year ending June 30, 2015, Coffey reported revenue of A$556 million (U.S. $407 million).
The press release said that the acquisition of Coffey “expands Tetra Tech’s geographic presence and positions it as a global consulting firm for international development, supporting the U.S. Agency for International Development, Australia’s Department for Foreign Affairs and Trade, and the United Kingdom’s Department for International Development.”
“Coffey provides a platform for growth of our international development business with multinational aid agencies,” said Dan Batrack, Tetra Tech chairman and CEO. “In addition to Coffey’s expertise in geoservices and project management, the combined company will also provide water and environmental services to support Australia’s infrastructure expansion.”
“Tetra Tech is an ideal partner for us,” said John Douglas, Coffey’s managing director. “This gives our people the chance to be part of a larger team of technical experts and deliver an expanded global offering to our clients.”