Monarch Surveyors and Engineering Consultants’ Board of Directors has approved the execution of a binding agreement for the acquisition of 100% equity share capital of GM & FE Ryan, Australia, subject to completion of due diligence and regulatory approvals.
GM & FE Ryan operates the business of GMR Engineering Services, an established engineering consulting and land surveying firm based in Victoria, Australia, with over two decades of operating history. The company offers integrated services across civil & structural engineering, land surveying, GIS, drone/UAV surveying, water engineering and project management.
The proposed acquisition will provide Monarch with a strategic entry into the Australian market and access to established client relationships, government procurement panels and a strong execution platform. The transaction is expected to be completed by May 2026, subject to regulatory approvals and completion of due diligence. The acquisition will be undertaken for a total consideration of approximately AUD 1.81 million.
Monarch Surveyors and Engineering Consultants is engaged in the business to provide comprehensive consultancy services under Concept to Commissioning of infrastructure projects which includes Survey, design and technical supervision for roads, railways, metros, town planning, geospatial, mapping, land acquisition, water, transmission Line, pipelines and other civil engineering sectors.
| Company Name | CMP |
|---|---|
| NBCC (India) | 88.67 |
| Rites | 205.00 |
| Central Mine Planning & Design Inst | 170.10 |
| Monarch Surveyors | 217.00 |
| Mold-Tek Tech | 121.30 |
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