Serco Group plc (Serco), the international services company, announces that it has signed an agreement to acquire the remaining 50 per cent stake in DMS Maritime Pty Ltd from its joint venture partner, P&O Maritime Services. The acquisition strengthens Serco’s position as a leading defence services provider in Australia and in the growing marine services market.
DMS is one of Australia’s largest maritime service operators, with facilities in every major port and a support network that extends a wide range of engineering and technical services across Asia Pacific. These include integrated management of through-life support covering vessel design, build, modification, engineering and maintenance; marine systems support; port services; maritime training; and specialist services such as under-sea exploration and recovery.
Its highly skilled and experienced workforce of around 450 employees and contractors supplies substantial expertise in project management, systems integration and engineering. They manage, operate and maintain over 600 vessels, serving commercial, defence and government agency customers.
David Campbell, Chief Executive Officer, Serco Asia Pacific, said that bringing the two companies together would build on their long histories of supporting the Australian Defence Force as trusted partners.
“This acquisition continues our development from base support services provider to complex services and systems integrator and will benefit our customers, Serco and DMS. We share a strong customer focus and have the same values-based approach to the work that we do.
“Serco was a founding partner of DMS 15 years ago and we have been closely involved with the business since then. Making it a fully owned part of Serco is a key element in our strategy to grow our defence operations and put us in the best position to help meet the complex capability requirements of the Australian Defence Force into the future.”
“Together, we are also now ideally equipped to expand our marine services offering to the commercial maritime market and particularly the resources sector”.
This change will allow Serco to fully leverage DMS Maritime’s systems integration, supply chain management and through-life support capabilities across the maritime, land, systems and ultimately aerospace domains. In turn, DMS will have the ability to reach back into Serco’s wider capabilities in the US, UK and around the globe.
About Serco
Serco is a FTSE 100 international service company, which combines commercial know-how with a deep public service ethos. We improve services by managing people, processes, technology and assets more effectively. Our strategic advice comes from hands-on experience. We advise policy makers, design innovative solutions, integrate systems and – most of all – deliver front-line services that make a positive difference to customers and communities.
Serco has been delivering mission critical public services for more than 40 years. We support governments, agencies and companies in 30 countries who seek a trusted partner with a solid track record of providing assured service excellence. Globally our 100,000 employees deliver operational, management and consulting expertise in defence, science, technology, justice, immigration, transport, health, education, aviation and business process outsourcing.
Our 7,000 people in the Asia Pacific business operate in Australia, Hong Kong and New Zealand. Our customers have the dual benefits of global scale and local autonomy. One of our strengths is that we live locally, think locally, act locally, and are supported globally.
In Asia Pacific, Serco supports the Australian Defence Force through the provision of garrison and port services, rehabilitates offenders in our prisons, cares for people in immigration detention, helps to make the roads safer in Victoria through our traffic camera services, provides travellers in Perth, Brisbane and New South Wales with timely and helpful public transport advice, keeps Melbourne’s parks and gardens green, operates tunnels in Hong Kong helping 76.8 million commuters each year and provides an unparalleled, award winning rail tourism experience on the Ghan, Indian Pacific and Overland. More information can be found at www.serco-ap.com.au
Serco in Defence
As a trusted and independent provider of complex integrated services, Serco supports the armed forces of countries around the world including Australia, the United Kingdom, and United States. We work across land, sea, air and space environments.
Serco has provided support to the Australian Defence Force for more than 15 years and the UK Ministry of Defence since 1964. We focus on enabling our customers to succeed, often in complex and challenging operating environments.
Our primary role is to serve as an intelligent and independent integrator of people, processes, equipment and technology, improving availability and capability to the front line. This approach delivers value for money services that improve operations throughout the life of our contracts.
Globally we provide training, logistics and operational support services to the Defence Forces. These include management of the UK Atomic Weapons Establishment, maintenance of the Ballistic Missile Early Warning System, operation of the Royal Air Force simulation centre, and operation and maintenance of strategic defence assets – the Skynet 5 secure satellite communications network and UK Joint Services Command and Staff College.
Our capabilities:
• Small craft through-life support and maintenance and other related services
• Major asset procurement management
• Multi-site support services
• Technology and training support to Defence
• Defence training, technology and usability
• Garrison Support Services
• Comprehensive maintenance services
• Software, communications and hardware engineering services
• Asset and infrastructure management and maintenance
• Physical security services afloat and ashore
• Weapon ranges and training area management and operation
• Fire and emergency services
• Equipment maintenance, repair and overhaul
• Medical and dental supply services.
