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2012 News

7 November 2012

Hiway Group Limited acquires SAT CIVIL

Hiway Group, through its Hiway Stabilizers Australia Pty Limited subsidiary, today announced that it had completed the 100% acquisition of SAT Civil Constructions Pty Limited, Queensland’s leading provider of specialist road stabilisation services.

Hiway Group has built its operations in Queensland, Australia through its initial presence with the geotechnical division in northern Queensland, to now include road stabilisation in South East Queensland and other adjacent areas.

SAT Civil Constructions (SAT CC) was started by Jan Weinert and Veronica Cooper in 1997 and has since grown to be one of the larger stabilising businesses in Australia, based in Queensland. SAT CC has provided customers with cost saving alternative construction methods and technology that has established them as leaders in this field and a major stabilising service provider in the Queensland flood recovery rebuild. SAT CC is a specialised subcontractor concentrating on road recycling, in the areas of Hot In Place Asphalt Recycling (HIPAR), Cold In-situ Stabilisation of pavements and Dry Matting (rectification of Bleeding Seals).

Both Hiway and SAT CC have similar business values, ethics and culture. Both entities are known for their personal touch when dealing with employees, customers and suppliers and are also highly recognized for their knowhow and quality workmanship. SAT CC’s role as a specialist subcontractor to a broad range of principal contractors is in line with the Hiway Group’s model & philosophy. The fusion of these two companies can only enhance their commitment to their customers and broaden their innovative edge.

“I am confident that our customers and staff will see that our commitment to quality and service will continue under the ownership of Hiway” commented Jan Weinert, General Manager of SAT CC.

Jan Weinert will remain as general manager for SAT CC and Veronica Cooper will continue in her operations role.

“Hiway’s acquisition of SAT CC is a natural progression for our operations in Queensland with the history of SAT CC and its development which is very similar to Hiway’s. This expansion will offer further positive opportunities for our staff and customers” says John Boocock Managing Director of Hiway Group Limited.

Contacts

John Boocock, Managing Director, Hiway Group +64 21 941 034

Jan Weinert, General Manager, SAT Civil +61 417783 995

About Hiway Group

Hiway Group has a long and successful history dating back to its establishment in 1982. The company has led the way in introducing innovational cost effective alternative methods, international accepted modern techniques and specialist equipment in stabilizing and ground improvements associated with road construction and civil works. Hiway Group operates through two main operating companies, Hiway Stabilizers deploying a number of specialist technologies including foam bitumen recycling, pavement recycling, aggregate modification, sub grade stabilization, and fill conditioning and Hiway Geo technical which include technologies like deep soil mixing, shot rods, super nailing, rope access work, slope reinforcement and stabilization The company also offers a number of environmental contracting services including solidification of contaminated soil, recycling ,mass instu stabilization and site remediation.