Macmahon Holdings

Last updated

Macmahon Holdings Limited
Type Public
ASX:  MAH
IndustryMining
Founded1963
Headquarters Perth, Western Australia
Key people
Michael Finnegan, (CEO)
Number of employees
Over 8800
Website http://www.macmahon.com.au

Macmahon Holdings Limited was founded by Brian Macmahon, an Adelaide civil engineer, in 1963. It is based in Perth, Western Australia, with offices in Queensland, South Australia, Indonesia and Malaysia.

The company operates in the Mining and Construction sectors and is listed on the Australian Stock Exchange. It has an annual turnover of about A$850 million.

In June 2008, Macmahon made a hostile takeover bid for rival company Ausdrill Ltd. [1]

In January 2013, MacMahon secured its largest ever contract from Fortescue Metals Group after it was awarded a $1.8 billion contract for the Christmas Creek mining operation's expansion. The five-year contract would deliver all aspects of mine operations, including drill and blast, overburden removal, ore harvesting, maintenance of equipment and associated services, for the expansion. [2]

Macmahon Holdings also operates in the construction industry under the name Macmahon Contractors. [3] It is unrelated to an Adelaide-based company named McMahon Services. [4]

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References

  1. Few shareholders accept Macmahon offer : thewest.com.au
  2. Macmahon wins major Christmas Creek contract, International: Mining Weekly, 2013
  3. "Macmahon Contractors Pty Ltd". Mining and Engineering WA. 2011. Retrieved 10 January 2017.
  4. "Australian Trademark Opposition Round-Up 22 March 2012". Phillips Ormonde Fitzpatrick. 22 March 2012. Retrieved 10 January 2017.