Civmec Limited
P9D.SI
Stock Exchange of Singapore1.65
SGD
-0.02
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Civmec Limited
P9D.SI
(Stock Exchange of Singapore)
Recent
price
1.65
P/E
ratio
- -
div
yld
- -
ROIC.AI
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in mil. unless spec.- Similar Companies
- Business
- Civmec Limited is an integrated heavy engineering, construction, and maintenance company providing multidisciplinary turnkey solutions to the energy, resources, infrastructure, marine, and defence sectors. The company’s core offerings include heavy engineering, modularization, site civil works, precast concrete, structural mechanical piping installation, industrial insulation, offshore logistics, and maintenance services. Civmec’s operations encompass manufacturing, constructing, and maintaining assets primarily for oil and gas, mining, utilities, infrastructure, and naval shipbuilding. Headquartered in Henderson, Western Australia, Civmec was founded in 2009 and operates across Australia with a focus on large-scale projects for commercial and government clients. In recent strategic developments, Civmec completed the acquisition of Luerssen Australia Pty Ltd in June 2025 for approximately AUD 20 million. This acquisition strengthens Civmec’s position in the naval shipbuilding industry by integrating Luerssen’s advanced engineering, shipbuilding, and training capabilities alongside Civmec's existing shipbuilding facilities and workforce. The acquisition supports Civmec’s ongoing role in delivering the Royal Australian Navy’s SEA1180 program, which includes the construction and completion of Offshore Patrol Vessels. Civmec continues to expand its defence footprint following this acquisition while also maintaining its emphasis on heavy engineering contracts across its other business segments. Civmec’s business is segmented into oil and gas, metals and minerals, infrastructure, and defence. Key services include heavy fabrication and construction for resource projects, plant hire, maintenance, and shipbuilding. The company has been involved in significant contracts such as upgrades for Rio Tinto’s Cape Lambert Port A facility and various shipbuilding projects for the Royal Australian Navy, including the Arafura-class offshore patrol vessels and submarine rescue vessels. Civmec combines advanced manufacturing capabilities with engineering and construction expertise, serving traditional resource and infrastructure sectors while increasingly focusing on maritime defence. Civmec employs approximately 2,500 staff across its subsidiaries and facilities, providing integrated project delivery from design through to commissioning and maintenance. Its strategic expansion via recent acquisitions and contract awards underscores its role as a key player in Australia’s heavy engineering and defence manufacturing landscape, with a strong emphasis on sustainability and innovation in project execution. Overall, Civmec Limited operates as a comprehensive provider of heavy engineering and construction solutions with a diversified portfolio that includes heavy industry fabrication, infrastructure development, and high-technology naval shipbuilding, supported by recent strategic acquisitions and contract wins that enhance its competitive positioning in both commercial and defence markets.