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Downer completes sale of Downer Blasting Services

M&A1 March 2021DOWIndustrials

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Media/ASX and NZX Release

1 March 2021

DOWNER COMPLETES SALE OF DOWNER BLASTING SERVICES


Downer EDI Limited (Downer) announced today it had completed the sale of Downer Blasting

Services to Enaex S.A. a subsidiary of Sigdo Koppers Group.


As announced on 18 November 2020, the sale price represents an enterprise value of $62 million.
















Authorised for release by Downer’s Chief Executive Officer, Grant Fenn.


About Downer

Downer is the leading provider of integrated services in Australia and New Zealand and customers are at the

heart of everything it does. It exists to create and sustain the modern environment and its promise is to work

closely with its customers to help them succeed, using world-leading insights and solutions to design, build

and sustain assets, infrastructure and facilities. For more information visit downergroup.com.




For further information please contact:

Michael Sharp, Group Head of Corporate Affairs and Investor Relations +61 439 470 145

Downer EDI Limited

ABN 97 003 872 848

Triniti Business Campus

39 Delhi Road

North Ryde NSW 2113

1800 DOWNER

www.downergroup.com

Data sourced from publicly available filings. Our datasets may not be complete. Automated analysis can produce errors. If you believe any data on this page is incorrect, please contact us at hello@nzxplorer.co.nz. For informational purposes only. Not investment advice.

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