SRG Global completed the acquisition of TAMS Group for AUD85m.

SRG Global, a diversified infrastructure services company, completed the acquisition of TAMS Group, an Australian marine infrastructure specialist, for AUD85m. “TAMS comes with a high-quality management team and workforce with a proven track record of delivering for clients through long-term, collaborative marine infrastructure and asset lifecycle services agreements and further embeds our transformation to a business with a profile of 80% annuity / recurring earnings in line with SRG Global’s long-term strategy,” David Macgeorge, SRG Global Managing Director.