
Monarch Surveyors to Acquire Australian Consultancy Firm GM & FE Ryan
Monarch Surveyors and Engineering Consultants Limited, a provider of civil infrastructure consulting services, has announced that its Board of Directors approved a binding agreement to acquire 100% equity share capital of GM & FE Ryan Pty Ltd, Australia. The transaction is subject to the completion of due diligence and regulatory approvals.GM & FE Ryan Pty Ltd operates the business of GMR Engineering Services, which is an established engineering consulting and land surveying firm operating out of Victoria, Australia, with over two decades of history. The company offers integrated services spanning civil and structural engineering, land surveying, GIS, drone/UAV surveying, water engineering, and project management.
This proposed acquisition offers Monarch a strategic entry into the Australian market, alongside access to established client relationships, government procurement panels, and a robust execution platform. The company anticipates that the transaction will be finalized by May 2026, contingent upon regulatory approvals and the completion of due diligence.
The total consideration for the acquisition is set at approximately AUD 1.81 million.
Sunil Kokare, Director - Business, Monarch Surveyors and Engineering Consultants Limited, commented on the development, stating that the acquisition represents a significant strategic milestone for Monarch in its international expansion efforts. He noted that the target entity operates within Monarch's core line of business, bringing strong capabilities in engineering consulting, land surveying, and geospatial services, along with an established presence in Australia.
The acquisition is expected to be income accretive, leveraging synergies in technology, execution capabilities, and long-term client relationships. Furthermore, it provides access to international markets and diversified revenue streams, offering a scalable platform for overseas growth.
Monarch Surveyors and Engineering Consultants Ltd. was founded in 1999 and is a publicly listed leader in infrastructure consulting, driving transformative projects across railways, roads, urban development, and industrial corridors. The firm delivers services such as DPRs, urban development, land acquisition, geospatial mapping utilizing LiDAR and 3-D scanning, detailed engineering design, and project management services.
Stock Price Movement
At the close of trade on Friday, Monarch Surveyors and Engineering Consultants Ltd shares settled at ₹215.05, gaining 2.43% for the day. The stock traded within a solid intraday band, ranging from a low of ₹208.05 up to a high of ₹220.00.Source:
Disclaimer: Due care and diligence have been taken in compiling and presenting news and market-related content. However, errors or omissions may arise despite such efforts.
The information provided is for general informational purposes only and does not constitute investment advice, a recommendation, or an offer to buy or sell any securities. Readers are advised to rely on their own assessment and judgment and consult appropriate financial advisers, if required, before taking any investment-related decisions.
Any views, opinions, or statements expressed, where applicable, are those of the respective analysts or experts and do not reflect the views of this website. The website has no association with such viewpoints and does not assume any responsibility for them.