Transfield Services completes sale of USM

Transfield Services today announced that the sale of USM was completed on 30 June 2011 in the United States.

The Company sold the North American Facilities Maintenance business to US-based mechanical, electrical and construction services company, EMCOR Group, Inc. The total cash value of the transaction was US$255 million.

For further information relating to this transaction, refer to the ASX announcement made on 19 May 2011.

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Transfield Services employs over 19,000 people across 18 industries and 10 countries. We are a global provider of operations, maintenance and construction services to the Resources, Energy, Industrial, Infrastructure, Property and Defence sectors.
We deliver asset management services across all phases of the asset lifecycle, from concept and creation, to services that sustain, optimise and enhance our Client’s assets. With diverse global experience and expertise, we share our knowledge and challenge thinking to develop and implement innovative solutions that deliver real value for our Clients. Our unique approach enables us to deliver continuous improvements in asset performance and sustain long term relationships with our Clients and partners.