OCP Asia becomes controlling shareholder of Bothar Australia and Canada

We are pleased to announce that funds managed by OCP Asia have become the controlling shareholder of Bothar Group Pty Ltd’s Australian and Canadian operations (“Bothar”) following our successful restructure.

Bothar has emerged from this organised restructuring process as a strong, stable business, primed for growth. To support this momentum, the company has appointed Shane Kimpton as Group Chief Executive Officer and Stephen Kemp as Group Chief Financial Officer.

Shane Kimpton brings to the company extensive leadership experience in the construction and engineering industries across Australia, Canada, and the Middle East. Stephen Kemp brings a track record of successfully leading organisational change and supporting business turnarounds across a range of industries including engineering services and contracting.

Matthew Hunter, Chairman of Bothar and OCP Asia advisor, commented: “Bothar has a first-class reputation in sub-surface tunnel construction internationally, with a highly experienced and committed workforce, and now with a substantial and well capitalised shareholder. OCP Asia is a leading pan Asian investor in mid cap companies with a proven track record across the Asia Pacific region and a longstanding presence in the Australian market.

“Bothar’s balance sheet will be significantly strengthened by the support from OCP Asia, enabling it to capitalise on the major Australian infrastructure investments we are seeing in the market. This unprecedented expenditure on public infrastructure provides the Bothar business with an ideal platform for growth,” Mr Hunter said.

Shane Kimpton, Group Chief Executive Officer, commented: “Through the transition to OCP Asia, I am pleased to advise that we have retained the significant Bothar experience gained over the last 30 years and added experienced leadership. I welcome OCP Asia as the controlling shareholder of Bothar and look forward to working with them to execute a strategy to re-establish Bothar as the leader in its chosen markets and growth beyond that.

“Throughout this process, the dedicated Bothar team has remained focused on our clients and is continuing to deliver complex projects. Bothar remains committed to caring for our people, protecting the environment, and enhancing value for our clients,” Mr Kimpton said.

About Bothar
Bothar is an international leader in the provision of engineering solutions for complex subsurface infrastructure. The Company provides microtunnelling, traditional tunnelling (pipe jacking), as well as shaft construction, direct pipe installation and auger boring utilising a portfolio of specialist equipment. Bothar is headquartered in Brisbane, Australia with regional offices in Australia and North America.

About OCP Asia
OCP Asia is an established investment manager with a proven track record of providing customised secured lending solutions for small and medium sized enterprises across the Asia Pacific region. Since its inception in 2009, OCP Asia has completed over US$5 billion of investments throughout Asia Pacific.

Bothar is positioned for growth, with a strong balance sheet and valuable additions to the executive team.

Bothar completes trenchless works on Elster Creek Sewer Project

Bothar are pleased to share that we’ve completed the 5th and final drive on the Elster Creek Sewer Project, with our Herrenknecht AVN400.

We would like to express our appreciation to our valued client Zinfra-Jaydo-WSP Joint Venture and South East Water, the asset owner, for their collaboration and support.

Congratulations to Aidan Forrest and the team for completing this project safely, on time and on budget.

We are in ENR’s Top 250 International Contractors List again!

We are proud to announce that we are in the “The Top 250 International Contractors List 2022” announced by Engineering News Record (ENR)!

Engineering News-Record (widely known as ENR) is an American weekly magazine that provides news, analysis, data and opinion for the construction industry worldwide. It is widely regarded as one of the construction industry’s most authoritative publications.

ENR annually ranks the largest contractors and design firms internationally.

The list classes firms from across a number of sectors, based on contracting revenue from projects outside of their home countries, measuring their presence in international commerce.

This is the second year that Bothar Group has been recognised and is a fantastic accomplishment. Congratulations to the Bothar team!

We are in ENR’s Top 250 International Contractors List!

We are proud to announce that we are in the “The Top 250 International Contractors List 2020” announced by Engineering News Record (ENR)!

Engineering News-Record (widely known as ENR) is an American weekly magazine that provides news, analysis, data and opinion for the construction industry worldwide. It is widely regarded as one of the construction industry’s most authoritative publications.

ENR annually ranks the largest contractors and design firms internationally.

The list classes firms from across a number of sectors, based on contracting revenue from projects outside of their home countries, measuring their presence in international commerce.

This is the first year that Bothar Group has been recognised and is a fantastic accomplishment. Congratulations to the Bothar team!

Bothar achieves a 200m drive with its AVN800XC

Bothar’s Herrenknecht AVN800XC has successfully completed the trenchless component of the O’Possum Creek Trunk Sewer Project in Springfield Lakes, Queensland, Australia.

The project entailed a 200m drive through challenging ground conditions whilst also traveling under a railway, highway and alongside an environmentally sensitive creek.

Congratulations to Ray Polzin and the team for accomplishing such a challenging drive.

Bothar’s TBM “Eco” resurfaces

Eco, the tunnel boring machine on the Gold Coast Seaway project we are delivering for John Holland / City of Gold Coast, has resurfaced from its 1385m subsea crossing underneath the Gold Coast Broadway.

This project involved the installation of 1385m of OD2500, ID2100 Reinforced Jacking Pipe from Quota Park, Biggera Waters to South Stradbroke Island.  As part of the scope of works, Bothar was also responsible for the temporary works design and construction of launch and retrieval shafts required for pipe jacking operations, as well as all other engineering design required for pipe jacking operations.

A big shout out to Kieran O’Connor, Project Manager, and the entire #Bothar Project Team for maintaining world class safety standards while delivering this essential project during this unprecedented time in the world.

Lockerbie Main Sewer Project

The #Bothar Team Australia are excited to be starting the Lockerbie Main Sewer Project, North Melbourne, Victoria for the Broadspectrum Jaydo Joint Venture (BRISJAY). As part of Yarra Valley Water’s sewer pipeline which will cater for growth between Donnybrook and Beveridge in Melbourne’s northern growth area, Bothar’s AVN1200 will travel 2.65km underground installing a DN1400 GRP pipe for this essential infrastructure upgrade.

Werribee West Main Sewer – Successful Completion

The Werribee West Main Sewer project in Victoria has been recently completed using a Bothar Built 1500 EPB TBM. The project consisted of 195m x NB1500 steel case for DN1200 GRP Sewer.
Well done to all involved on yet another successful project and thank you to our client, Quinn Civil, for their repeat confidence in our ability to deliver.

Bothar’s AVN1200 launches at Queens Wharf – Brisbane

In the heart of Brisbane at the Queens Wharf site our AVN1200 has been launched on its 600m journey to install a gravity sewer consisting of 1500mm diameter glass reinforced plastic pipes with an 852m radius bend. The project also requires a section of 18 linear metres to be excavated by hand into Brisbane’s S1 sewer.

Mayor visits Gold Coast Seaway Project

On Wednesday 5th June 2019, Gold Coast Mayor Tom Tate visited the Gold Coast Seaway project to witness the development of the first stage of the regions Long Term Recycled Water Release.

Gold Coast Seaway Underway

Bothar have commenced the construction of the 1385m subsea crossing for the Gold Coast City Council in Queensland, Australia. The 2500mm OD reinforced concrete jacking carrier pipe will be utilised to convey a treated effluent discharge line to a reception shaft at South Stradbroke Island. The launch shaft is a 26m deep, 12.5m diameter secant piled construction and the reception shaft is a 7.5m diameter 26m deep pre-cast segmental sunk caisson. This sub sea crossing will be constructed underneath the seabed of an environmentally protected area of Moreton Bay, providing for its continuous use by the local community for boating, fishing and recreational activities.

Bothar Group Amalgamates with Innovative Pipeline Crossings Inc. (IPC)

Following a review of potential global opportunities, Bothar has recently amalgamated with North America’s leaders in Direct Pipe installation – Innovative Pipeline Crossings Inc. (IPC). Together the Group are an international leader who provide highly technical, state of the art solutions to complex infrastructure challenges.

The Bothar Group (with a global footprint) provide engineering solutions including design and construction for tunnelling, microtunnelling, pipejacking, auger boring, shaft sinking, small diameter Horizontal Directional Drilling (HDD), Bothar Built machines and Bothar cranes and, now with the amalgamation with IPC, direct pipe installation.

On 29 October, 2018 shareholders of IPC gathered for a special meeting resulting in a positive vote for the amalgamation of IPC and the Bothar Group of Companies.

IPC is a pipeline engineering, construction and contracting company focusing on balancing cost-effective drilling solutions with environmental protection. Their trenchless drilling techniques present unique cost saving and scheduling opportunities for challenging pipeline and municipal projects.

With their specialised techniques, IPC focuses on using Direct Pipe technology with large diameter pipeline installations ranging from 750mm (30 inches) to 1500mm (60 inches). Based in Calgary, Alberta, they are a leading specialist trenchless construction company in North America, trusted by some of the largest Canadian energy infrastructure companies including TransCanada, Enmax, Enbridge, Ledcor Group, Spectra Energy, Banister, Surerus Murphy.

Further information regarding IPC can be found on their webpage www.ipipecrossings.com

We welcome IPC to the Bothar family and look forward to increasing our service capacities to all of our current and future clients.