The International Resource Journal: E.V.Z. Limited

E.V.Z. Limited
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admin on 17 December, 2009 07:03:00
 
An all-encompassing, well-consolidated engineering services company
E.V.Z. Limited (formerly Envirozel), of Melbourne, Australia, is an emerging
industrial group with a portfolio of specialist businesses operating in the
engineering services industry.
The story of the E.V.Z. group of companies as we know it today originates from
Syfon Systems; an Australian company founded in 1992 by Andrew Powis, now CEO
for E.V.Z. Powis created Syfon Systems after coming across a product called
syfonic roof drainage. This is a high-rainfall roof drainage product
specifically suited to the precipitous Australian, New Zealand and Asian
climates.
Syfon Systems was eventually sold to E.V.Z. in 2004.  At this time, E.V.Z. was
originally known as Zeolite Australia Limited, which mined and mar­keted a
product called Zeolite. Zeolite is a product dug out from the ground and its
properties are useful in water treatment and soil conditioning.
Zeolite Australia Limited negotiated with an Australian government organization
to research and develop the rights to a water treatment process. Syfon Systems
came across these nego­tiations and offered to build the necessary
equip­ment for the process to be complete.
This process marked the tentative beginnings of the acquisitions process which
has allowed E.V.Z. to grow and develop into the multi-faceted, diverse group it
is today.
The E.V.Z. acquisition story
In June 2004, Zeolite Australia acquired Sy­fon Systems and changed its now
merged name to Envirozel Limited, marking both the acquisition itself and the
changing face of the merged company.
In November 2004, E.V.Z. halted the zeo­lite business. Even though it
wasn’t necessarily planned, the company then became somewhat of a backdoor
listing for Syfon Systems and the E.V.Z. acquisition story began.
The company acquired Brockman Engineering in April 2006, the Danum Engineering
in Janu­ary 2007, the National Engineering business in May 2007, and the
T.S.F. Engineering business in September 2007.
E.V.Z. quickly became the result of an accel­erated process of acquisitions.
When the recent global financial crisis hit, the company focused its efforts on
consolidating its offer, its identity and its purpose.
Today, the company has a strong emphasis on organic growth and is always looking
to con­duct further acquisitions by extending its client services and
geographic bases. E.V.Z. envisages itself as a specialist engineering services
provider and, to that end, each business has a great skills base of its own.
Syfon Systems is the leading syfonic roof drain­age company in the country.
It has about 60 to 70 per cent of all projects available in the country.
Brockman Engineering is one of about three organ­isations in the country
doing very large steel stor­age tanks. Danum Engineering offers unrivalled
expertise in plant shutdown projects.
National Engineering completed the famed Australian Olympic Stadium. The company
worked on all of the structural steel for the mega struc­ture, exemplifying
the company’s expert skills base in large scale complex projects. T.S.F.
Engi­neering’s main skill base is back-up power and emergency power
for things like telephone ex­changes or data centres or hospitals.
E.V.Z.’s effort to consolidate these compa­nies has resulted in more
than separate market-leading entities. Today, as one, each piece of this puzzle
proves more capable than ever.
Consolidation, people power and the wake of the G.F.C.
E.V.Z.’s focus on consolidation has resulted in the creation of three
divisions within the group. The first encompasses the Brockman, Danum and
National Engineering groups and the common theme is steel and large projects for
various de­velopments. The second, E.V.Z. Power, is primarily T.S.F.
Engineering, but offers a very specialized avenue for appropriate acquisitions
in the future. The third division is E.V.Z. Water which comprises of Syfon
Systems.
E.V.Z.’s efforts in terms of people power are ex­emplary. The
company’s workforce averages around 350 staff, all of whom are qualified
and skilled trades people. That workforce is backed by engi­neering and
design teams and fabrication facilities in Victoria, New South Wales and
Queensland.
The company has also created a business de­velopment manager network which
gives them a new competitive edge by focusing specifically on the resource
sector. One project which exempli­fies this latest focus is the Ginkgo mine
in South Australia, where they have built a large conveyor. The Ginkgo Mine in
Australia’s Murray Basin is operated by Bemax Resources Limited, of
Queen­sland, Australia. E.V.Z.’s involvement is the con­struction
of a large 1.7 kilometre conveyor system for a sand mining operation.
E.V.Z. has a lot to be proud of in terms of their significant projects and safe
work practices. To date, the company can boast safe and timely
projects—always looking out for its staff.
E.V.Z. today
When you look back at Syfon Systems’ ability to deliver on the water
rights research and develop­ment project back at the beginning of E.V.Z., it
is clear that this trend of matching skills, meeting project demand and
continuing to add strings to the company bow has been an ongoing factor in the
sustained growth of the company. Today, this shows no signs of slowing. The
company is plan­ning to focus on the Australian calcite gas play and look at
new opportunities within that sector.
The most important aspect of business for E.V.Z. moving forward is the
company’s ability to maintain its market share and continue to grow into
the New Year.
The company currently expects revenue growth between 10 and 15 per cent this
com­ing year, during which time E.V.Z.’s sights are set on rebranding
to E.V.Z. Limited, shedding the former name, ‘Envirozel,’ in the
company’s latest renaming as it embarks upon its resource-focused
strategy.
E.V.Z. covers every base, continues to con­solidate its companies and in
doing so, grow and improve upon their individual successes of the past. The
plans for organic and acquisition growth looks set to serve this engineering
services com­pany very well over the coming year.