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NRW buys BGC Contracting for $116.4M

NRW Holdings is buying the contracting arm of the BGC Group for an equity value of $116.4 million and assuming BGC Contracting’s $193.6 million debt related to asset finance.

Noel Dyson
BGC Contracting is being bought by NRW Holdings.

BGC Contracting is being bought by NRW Holdings.

According to NRW the acquisition is "transformational" and delivers a value accretive step change in scale and diversity for its business across Australia. Besides the contracting arm that has work...

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