Listed transport logistics and services optimisation firm Orcoda has acquired Queensland-based Betta Group of Companies (BGC) for $5 million.
Orcoda specialises in operational efficiency, combining software, management expertise and contracting services, and its purchase of BGC adds to its portfolio a transport services business specialising in rail, road and air infrastructure power services contracting, hire, and oil and gas and mining services.
Betta was formed in Rockhampton in 2005 and was registered as BGC in 2012, trading as Betta Power Services.
Its clients include Aurizon, Ergon Energy, Queensland Rail, PowerLink, Q-Build, Australian Defence Force and the Bowen Basin mining industry.
Orcoda says Betta is exposed to growing infrastructure markets in central Queensland, which are likely to grow further with significant government stimulus to occur in major infrastructure because of its…