Suvarna Garge (Editor)

Engenco

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Type
  
Public

Industry
  
Industrial engineering

Founder
  
Michael Coote

Headquarters
  
Melbourne, Australia

Parent organization
  
Elph Pty Ltd

Traded as
  
ASX: EGN

Founded
  
1989

Area served
  
Worldwide

Revenue
  
133.8 million AUD (2015)

Stock price
  
EGN (ASX) A$ 0.20 +0.03 (+17.65%)10 Mar, 2:22 PM GMT+11 - Disclaimer

Subsidiaries
  
Greentrains, Gemco Rail, Momentum, Convair

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

Contents

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.

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

Subsidiaries

As at June 2015 its subsidiaries were:

  • Centre for Excellence in Rail Training (CERT)
  • Convair Engineering (Convair)
  • Drivetrain Power and Propulsion (Drivetrain)
  • Gemco Rail
  • Greentrains
  • Momentum
  • Previous subsidiaries include:

  • South Spur Rail Services
  • Southern & Silverton Rail
  • 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. The takeover offer was unsuccessful with Elphinstone only having taken his shareholding up to 65.1% when the offer closed.

    References

    Engenco Wikipedia