CIMIC’s Sedgman acquires Prudentia Engineering to enhance energy sector capabilities

CIMIC's Sedgman expands capability for energy transition with acquisition of Prudentia Engineering. Image credit: CIMIC Group

Sedgman, a member of the CIMIC Group, announced the acquisition of Prudentia Engineering to expand its expertise and capabilities to support the global energy transition.

Prudentia Engineering brings a wealth of experience in hydrometallurgy, further enhancing Sedgman’s existing proficiency in critical minerals and mineral processing, CIMIC stated in a media release.

With a focus on minerals such as copper, high purity alumina, vanadium, lithium, cobalt, rare earths, uranium, and nickel, Sedgman is poised to address the evolving needs of clients in these industries.

Under the new entity name, Sedgman Prudentia, the company will offer a comprehensive suite of services, ranging from consulting and feasibility studies to design and delivery services for both sustaining capital and major projects.

This merger combines Sedgman’s established engineering, project delivery, and construction capabilities with Prudentia Engineering’s specialised expertise, positioning Sedgman Prudentia as a leader in mineral processing, energy, and chemicals projects.

Juan Santamaria, CIMIC Group executive chairman, underscored the significance of this acquisition, stating, “Sedgman Prudentia gains a unique market position and unlocks the potential to deliver larger mineral processing, energy, and chemicals projects.”

Meanwhile, Grant Fraser, managing director of Sedgman, expressed enthusiasm about the collaboration, stating, “Sedgman Prudentia strengthens our critical minerals, energy, and chemicals capabilities while complementing our existing expertise.”

Fraser emphasised the company’s dedication to providing clients with a broader service offering, underpinned by technical excellence and trusted relationships.