Keller Group PLC Contract Win (3962P)

TIDMKLR

RNS Number : 3962P

Keller Group PLC

29 May 2018

For immediate release

29 May 2018

Keller Group plc

Keller Intrafor Joint Venture awarded A$200 million contract

as part of Metro Tunnel Project

Keller Group plc ('Keller'), the world's largest geotechnical contractor, announces its 50:50 joint venture with Intrafor (KIJV), part of Bouygues Construction, has been awarded an A$200m (GBP113m) contract for work on the A$6 billion Metro Tunnel Project in Melbourne Australia.

The contract joint venture brings together complimentary geotechnical capabilities, experience and capacity for this major infrastructure project; a new metro line running through the Melbourne Central Business District that will deliver twin nine-kilometre tunnels and five new underground stations.

The contract is to construct the substructure retention walls and foundation piling for the stations. The project will require two diaphragm wall cutters, four diaphragm wall grabs and up to 12 piling rigs. Keller and Intrafor provided a significant amount of early technical advice to optimise design and buildability.

The joint venture is currently mobilising teams and equipment with work starting this month. While the majority of KIJV packages will finish mid-2019, it is anticipated that work will continue through to 2020.

Alain Michaelis, Chief Executive, comments:

"Our global scale and expertise, in combination with a strong track record of successful work in Melbourne, made us ideally placed to win work on this landmark project."

For further information, please contact:

 
 Keller Group plc 
 James Hind, Finance Director                           020 7616 7575 
 Victoria Huxster, Head of 
  Investor Relations 
 
 Finsbury 
 Gordon Simpson/James Kavanagh                           020 7251 3801

Notes to editors:

Keller is the world's largest geotechnical contractor, providing technically advanced geotechnical solutions to the construction industry. With annual revenue of around GBP2.0bn, Keller has more than 10,000 employees world-wide.

Keller is the clear market leader in the US, Canada, Australia and South Africa; it has prime positions in most established European markets and a strong profile in many developing markets.

For more information, please go to http://www.keller.com.

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