Cardno Demerger

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Cardno is pleased to announce that the Federal Court of Australia approved the scheme of arrangement (Demerger Scheme) to effect the Demerger of Intega Group Limited (Intega) from Cardno Group Limited (Cardno) on Friday 18 October 2019. The Demerger was overwhelmingly approved by Cardno shareholders at the Scheme Meeting and General Meeting held on Thursday 10 October 2019.

The demerger will result in two independent ASX listed entities:

  • Cardno Limited (“Cardno Consulting”): which will continue to operate Cardno’s existing environmental, infrastructure and development consulting business (“Consulting Business”) and trade as Cardno Limited; and
  • Intega Group Limited (“Intega”): a Quality, Testing and Measurement (QTM) business providing construction materials testing (CMT), subsurface utility engineering services (UES) and quality assurance for energy companies(QA) (“QTM Business”).

Intention to Demerge Scheme Booklet

Intention to Demerge Scheme Booklet

Please read this Demerger Scheme Booklet in detail as it contains important information which will assist in making an informed decision on this Demerger.

Read Booklet