RSK Group Limited (RSK) has announced that it has acquired Brisbane-based Pensar Infrastructure Group, with the company to join RSK Australia, bolstering the Group’s expertise in water and critical infrastructure in the region.
With a projected annual turnover of AU$200 million for the financial year 2023, Pensar is the largest acquisition by the RSK Group outside the UK. Pensar is the sixth business to join RSK Australia in 18 months, in alignment with the latter’s rapid growth strategy and plans to further strengthen their expertise and increase staff to 2,000 in the next 24 months.
“The addition of Pensar to the RSK Group is a major step forward in line with our geographic diversification strategy, which involves bringing like-minded businesses into the group and developing a full suite of environmental, engineering and technical service offerings across each state and territory in Australia,” said Mark Haydock, Managing Director of RSK Australia. “Since our inception in 2021, RSK Australia has acquired six strong businesses that contribute over 10% of the RSK Group’s global revenue – a testament to the opportunities that abound in Australia’s buoyant market. With the combined expertise of Pensar and RSK’s global businesses, including water expert Binnies and the RSK Centre for Sustainability Excellence in Singapore, clients will benefit from the latest innovative solutions to meet Australia’s future infrastructure needs.”
Providing innovative infrastructure solutions across Australia, Pensar has worked on numerous projects over two decades for clients such as Unitywater; Department of Defence, Transport and Main Roads – Queensland; Urban Utilities; Brisbane City Council; City of Gold Coast; Hunter Water; TasWater; and WaterNSW, among others.
Karl Yunker, Managing Director of Pensar, who continues to lead the business following the acquisition, said: “Together, RSK and Pensar have the opportunity to become a world leader in the design and delivery of critical water infrastructure projects, meeting the water security needs of Australia’s dynamic and growing population. We are excited to offer our clients a high level of customer service and deep technical expertise – across a range of sectors – a combination that is unique within the industry.”