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Samsung C&T buys Perth’s Powertech in $100m deal

The Australian Financial Review (AFR) •
November 02, 2026 • 07:51 AM
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A pitch circulated earlier in the sales process, run by PwC, showed the business was forecast to make $115 million in revenue and $8.9 million in EBITDA.

Samsung C&T buys Perth’s Powertech in $100m deal

South Korean giant Samsung C & T has scooped up engineering, procurement and construction business Powertech in a deal worth about $100 million, tapping its in-demand workforce to ride the energy transition wave.

The business has been running for more than 25 years and has five officers across Western Australian, the Northern Territory and Queensland with a presence across South East Asia as well. It offers everything from feasibility studies, design, construction, commissioning and startup, and operations and maintenance.

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