| Valemus | |
| Former Name: | Bilfinger Berger Australia |
| Foundation: | 2004 |
| Defunct: | 2011 |
| Location: | Sydney, Australia |
| Key People: | Nick Greiner (Chairman) Peter Brecht (CEO) |
| Industry: | Construction, Civil engineering |
| Revenue: | $4.8 billion (2009) |
| Num Employees: | 6,800 (2009) |
| Parent: | Bilfinger |
| Subsid: | Abigroup Baulderstone Conneq |
| Homepage: | www.bbau.com.au |
Valemus (formerly Bilfinger Berger Australia) was a holding company that owned the Australian assets of Bilfinger.
Valemus was established in 2004 as Bilfinger Berger Australia (BBA), as the holding company of Bilfinger's investments in Australia.[1] BBA had acquired Baulderstone Hornibrook in 1993 and Abigroup in 2004. Bilfinger Berger Services was established in November 2005 by transferring the services businesses owned by Abigroup and Baulderstone to a new services focused company.[2]
Having changed its name to Valemus, in June 2010, a prospectus was issued with the aim of listing the company on the Australian Securities Exchange via an initial public offering.[2] [3] In July 2010 the listing was abandoned with a trade sale to Lendlease agreed in December 2010 and completed in March 2011 after the Australian Competition & Consumer Commission decided not to oppose the sale.[4] [5] [6]