Engenco

Engenco Limited
Public
Traded as ASX: EGN
Industry Industrial engineering
Founded 1989
Founder Michael Coote
Headquarters Perth, Australia
Area served
 Worldwide
Key people
 Dale Ephinstone (Chairman & majority shareholder)
Vincent De Santis (Director & large minority shareholder)
Kevin Pallas (Managing Director & CEO)
Revenue Decrease A$133.8 million (2015)[1]
Decrease (A$30.1 million) (2015)[1]
Decrease (A$32.7 million) (2015)[1]
Total assets Decrease A$89.6 million (2015)[1]
Total equity Decrease A$44.9 million (2015)[1]
Number of employees
 >500[2]
Divisions Power & Propulsion
Rail & Road
Subsidiaries CERT
Convair
Drivetrain
Gemco Rail
Greentrains
Momentum
Website www.engenco.com.au

Engenco Limited is an Australian engineering company with operations in Australia, Asia, Europe and America. It is listed on the Australian Stock Exchange.

History

Engenco was founded as Global Turbocharger Specialists Australia by Michael Coote in 1989 providing diesel engine spare parts. It was renamed GTSA Engineering and later Coote Industrial.[3]

In December 2006 Coote Industrial was listed on the Australian Stock Exchange.[4] In November 2010 Coote Industrial was renamed Engenco.[5]

Subsidiaries

As at June 2015 its subsidiaries were:[1][6]

Previous subsidiaries include:[7][8]

Takeover offer

In December 2012 chairman Dale Elphinstone, who was the largest shareholder with a 37.6% stake, made a takeover offer for all the shares in the company.[9] The takeover offer was unsuccessful with Elphinstone only having taken his shareholding up to 65.1% when the offer closed.[10]

References

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