Tenix

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Tenix Pty Limited

Type	Private
Founded	1997
Headquarters	North Sydney, Australia
Revenue	A$1,017 million (2004/5)[1]
Employees	>4,000[1]
Website	www.tenix.com

Tenix Pty Limited is the parent company of the Tenix Group, Australia’s largest locally-owned technology contractor. Tenix commenced operations in November 1997 (based on a heritage company established in 1956) and has grown to become one of Australia’s largest privately owned companies, delivering a range of products and services to defence and commercial markets in Australia, New Zealand, United Kingdom, United States, Fiji, and the Philippines. Today its assets include infrastructure maintenance and engineering services, property interests and other major undertakings. Tenix is also an active partner in high technology ventures with US and European firms.

History

The origins of the Tenix Group go back to 1956, when Transfield Services was founded by two Italy-born engineers, Carlo Salteri and Franco Belgiorno. They went on to build one of Australia's most successful construction companies, which diversified into defence in 1987 at the initiative of then Joint Managing Director, Paul Salteri. This initiative culminated in the purchase of a company known as Australian Marine Engineering Consolidated (AMEC) which had successfully bid for the Naval Dockyard at Williamstown, Victoria.^[2]

First known as AMECON, then as Transfield Defence Systems (TDS), the company re-established a naval shipbuilding capability in Australia with the successful construction of two FFG7 - Oliver Hazard Perry class frigates for the Royal Australian Navy. It was later awarded the Anzac Ship Project contract,^[2] for 10 Anzac class frigates, eight for the Royal Australian Navy and two for the Royal New Zealand Navy.

Robert Salteri served as Deputy CEO of the enterprise for three years before Transfield split, and with their defence interests, it was natural that the Salteri family retained their involvement in this sector of the Group. It was re-named Tenix Defence Systems when Tenix was launched in November 1997, and recently became Tenix Defence. Tenix expanded afterwards with the acquisition of Hawker de Havilland (an aerostructures manufacturer) in 1998 and leading engineering and maintenance contractor, Enetech, in December 1999. Enetech was renamed Tenix Alliance in July 2001.

In June 2000, Tenix finalised the purchase of Vision System's defence businesses, Vision Abell and LADS Corporation. They are now part of Tenix Defence. Late in 2000, Tenix sold Hawker de Havilland to Boeing.

In 2001 Tenix launched two new business units capitalising on the Group’s experience in infrastructure and technology, as part of a new corporate strategy of diversification. Tenix Infrastructure Pty Ltd was formed in April 2001 to provide project management services to major private infrastructure projects.

In February 2007, Carlo Salteri AC stepped down as Chairman of the Group. He was succeeded by his son, the former Group Manager, Paul Salteri.

In January 2008 Tenix agreed the sale of Tenix Defence to BAE Systems Australia.^[3] Tenix Alliance was also up for sale, however the sale process has now been discontinued.^[4]

Operations

Today Tenix's main areas of operations include infrastructure maintenance and engineering services to the power, gas, water, telecommunications and transport industries in Australia and New Zealand.

Tenix LADS Corporation also undertakes hydrographic projects for international oil and gas exploration companies and seismic survey organisations. Tenix LADS was sold to Dutch multinational Furgo in 2009.^[5]

Tenix Investments was formed in June 2002 to use the group's skills and capabilities in infrastructure investment and development. Tenix Investments also conducted the group's commercialisation of technology activities.

Formerly known as Rossair, Tenix Aviation offers a range of aircraft, propeller and component maintenance services to the aviation industry worldwide. Tenix Aviation was sold in December 2008 to TAE Australia. ^[6]

Tenix Information Security provides a variety of security services to defence, government and commercial customers.

Tenix Solutions provides traffic enforcement services for governments in Australia, New Zealand and Southeast Asia. In November 2005 the company was threatened with losing the contract for operating speed cameras in Victoria, when the state government had to withdraw fines due to incorrect setup of equipment by Tenix.^[7] In August 2007, Tenix lost the $150 million contract to operate Victoria's mobile speed cameras to British company Serco, but retained the contract for processing and managing the enforcement process.^[8]

Affiliates

Tenix's affiliates include RLM Systems, Australian Marine Technologies, the Sydney Harbour Tunnel Company and TenixToll Defence Logistics.

References

External links

• Official Tenix Website

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