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05 September 2016

Chess Industries Acquires JV Engineering, Perth

Chess Industries Ltd has recently expanded its engineering offering across Australia, with the acquisition of JV Engineering Pty Ltd based in Perth. The deal forms part of Chess Industries’ strategy for growing their engineering division Chess Engineering Pty Ltd and strengthens the national capabilities of both businesses to provide a complete service offering to customers. JV Engineering has been operating successfully for over 14 years as a locally owned Western Australian company, gradually building the business to its present size of over 60 personnel, with a reputation for providing high quality workmanship and services in all aspects of steel fabrication and construction.

“Chess Industries Ltd has recently expanded its engineering offering across Australia, with the acquisition of JV Engineering Pty Ltd based in Perth.”

Chess Industries Chief Executive Officer, Steve Facer said “the combination of Chess Engineering and JV Engineering will provide us with a strong geographical and market spread in the steel fabrication, precision machining and site installation sectors. There will also be opportunities to share prospects to deliver the best result for our clients. Historically Chess has specialised in rail, infrastructure and light engineering. With the addition of JV Engineering, the business is now a competitor in the heavy engineering sector with a well established presence in the mining, oil and gas sectors. The new combination effectively doubles the size of the Chess Group, creating a leading player in engineering services that specialise in fabrication, machining and installation. Together we will be able to deliver technical and project management services from a broader platform thereby serving more clients across Australia.”

“the combination of Chess Engineering and JV Engineering will provide us with a strong geographical and market spread in the steel fabrication, precision machining and site installation sectors.”

The brand name JV Engineering will be retained along with the management team and staff, reflecting the strength and reputation of the business in the market. A strong alignment of values, culture and safety focus within the businesses will also allow an ease of transition for clients and staff.

“The new combination effectively doubles the size of the Chess Grroup, creating a leading player in engineering services that specialise in fabrication, machining and installation.”

Christo Louw, General Manager at JV Engineering said, “The team at JV Engineering is excited by the acquisition and is looking forward to sharing the benefits with the industry. Becoming part of Chess Industries ensures we now have the capability to increase our scope with improved manufacturing and engineering solutions and facilities across Australia bringing added advantages to customers. Chess Engineering represents a strong strategic partner for us and we believe our existing customers will also benefit from our improved capabilities and national presence.

“Chess has the capability to provide a wide range of industrial electrical services to clients; with in-house licensed electricians and mechanical fitters.”

For more information, please contact Fernando Hila, Electrical Engineer,
Chess Engineering on (02) 9772 2355 or f.hila@chessindustries.com.au