Verticon Group
Verticon Group Limited was formed in 2004 to provide specialised construction services and equipment hire to the building and construction industries on a variety of projects in the high-rise, large commercial, residential and engineering sectors.
In August 2008 Verticon established a property development division. Verticon intends to use the expertise of its management and Board to engage in property development activities throughout Australia. Verticon’s initial development is a Retail Precinct Project in Melbourne with the company intending to engage in additional projects as opportunities arise as principal or joint venture partner.
In April 2009 Verticon announced the sale of its equipment hire division and its intention to focus solely on its property development division.
Latest News
May 28 , 2009
Shareholder Approval Granted:
The Verticon Group announced today that its shareholders have now approved the sale of its Australian Crane and Hoist Division to D&G Hoists & Cranes (Aus) Pty Ltd.....
April 27, 2009
Sale of Crane & Hoist Division:
The Verticon Group today announced that it had entered into an agreement to sell its Australian Crane and Hoist Division for $12M to D&G Hoists and Cranes (Aus) Pty Ltd.....
August 29, 2008
Verticon Establishes Property Development Division:
Verticon has today announced plans to establish a new property development division in conjunction with our tower crane and hoist business.....