Veolia ANZ has acquired engineering and asset maintenance provider Orontide in Western Australia.
The deal integrates Orontide’s specialised services in machining, fabrication, fitting and assembly and asset preservation into Veolia’s portfolio.
Orontide has a 45-year history and is operational across several sectors, including mining, maritime, and oil and gas.
Veolia’s Industrial and Energy Division, present in Western Australia with over 700 employees, will now have access to Orontide’s more than 250 employees, as well as the company’s technology and workshop facilities.
“We are really excited about what this offers to the industry, by combining Veolia and Orontide, making both companies stronger and expanding their market reach into new sectors and offering a one-stop shop for an extensive range of technical services,” Veolia managing director and chief executive officer Richard Kirkman says.
“It combines Veolia’s market-leading industrial cleaning and refractories management expertise with Orontide’s specialised engineering and fabrication capabilities, so we can now deliver a seamless, end-to-end service that maximises efficiency, reduces costs, and extends asset life.”
The acquisition adds five new sites to Veolia’s operations at Henderson, Port Hedland and Bunbury.
Veolia says the full integration and expansion will occur without disrupting existing services.
Kirkman adds that the acquisition facilitates “enhanced tailored maintenance programs, rapid response times and comprehensive support” for industrial projects.
Veolia’s GreenUp strategy
The latest acquisition is part of Veolia’s global GreenUp strategy, which has earmarked Australia as a key investment destination.
Veolia’s global GreenUp program launched in 2024 and aims to accelerate solutions that depollute, decarbonise and regenerate resources.
Apart from Australia, North America and the Middle East were identified as focus regions for this program.
According to Veolia, a year after Veolia Australia was named a priority zone for GreenUp, the business finished 2024 with an expanded energy portfolio, new resource recovery and water treatment operations. It delivered a claimed 7.7 percent increase in revenue and a 10.5 percent increase in profitability.
The investments under this program are expected to continue until the end of 2027.
Photograph: Supplied
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