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UGM Group is based in the Hunter Valley (NSW) and is one of the leading underground
coal mining contractors in Australia. Its primary contracting services focus on: coal cutting;
conveyor installation and maintenance; outbye services including secondary roof support,
ventilation and civil services; and diesel fleet hire and servicing.
Its key customers are Australia’s major coal mine owners including Xstrata, Anglo Coal,
Peabody and Centennial Coal. The Business employs 400 people across its operations
in the NSW and QLD coalfields.
Advent’s investment in October 2007 allowed existing executive shareholders to realise
a portion of their investment in UGM and provided the business with ongoing access
to capital
to fund acquisition opportunities that add scale and diversity to its operations
in coal mining contracting and provide a platform for growth in other mining sectors
in Australia.
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