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Downer Group

Downer Group is a 160-year-old integrated infrastructure services firm with 26,000 employees across Australia and New Zealand, led by CEO Peter Tompkins.

Downer Group

Downer Group was founded in 1865 and for over 160 years has partnered with customers to deliver essential infrastructure services across Australia and New Zealand. The firm is led by CEO Peter Tompkins, who presented 1H26 results in February 2026 alongside CFO Malcolm Ashcroft. The company provides integrated services including design, construction, maintenance, and asset management across roads, rail, water and utilities, and energy sectors. Downer's portfolio includes operating businesses such as Hawkins New Zealand, Rail and Transit Systems, Road Services, and Skilltech. Geographically, the firm operates at more than 500 sites covering all corners of Australia and New Zealand. Downer employs 26,000 people and maintains offices in every major Australian city and throughout New Zealand. In November 2025, the executive leadership team presented strategic priorities and growth potential at an Investor Day. The firm also operates philanthropic and community programs through its Downer benefits program. Downer's structural differentiator is its vertically integrated service model — it owns quarries, asphalt plants, and bitumen plants alongside its contracting operations. This ownership enables end-to-end control of materials, logistics, and execution for large-scale infrastructure projects, a model few competitors replicate in the Australia-New Zealand market.

General information

Firm type

other

Year founded

1865

AUM

Undisclosed

Location

Region

Oceania

Country

Australia

City

North Ryde

Corporate office

Triniti Business Campus, 39 Delhi Road, North Ryde NSW 2113, Australia

Additional offices

Level 10, 567 Collins St, Melbourne VIC 3000, Australia · 135 Coronation Drive, Milton QLD 4064, Australia · 959 Abernethy Rd, High Wycombe WA 6057, Australia · 130 Kerrs Road, Wiri, Auckland, New Zealand

Principals

Peter Tompkins

CEO

Malcolm Ashcroft

CFO

Sector focus

InfrastructureReal EstateIndustrial TechEnergy Transition & Renewables

Frequently asked questions

Who runs investment decisions at Downer Group?

Downer Group is led by CEO Peter Tompkins and CFO Malcolm Ashcroft, who presented the firm's 1H26 results in February 2026. The executive leadership team collectively drives strategic and capital allocation decisions.

How does Downer Group source proprietary deal flow?

Downer Group primarily acquires businesses in adjacent infrastructure services to expand its geographic or technical coverage. Recent examples include Hawkins New Zealand and Skilltech, both integrated into the group's operating portfolio.

Is Downer Group structured as a single family office or does it operate more like a venture firm?

Downer Group is a publicly listed infrastructure services company, not a family office or venture firm. It operates as an industrial group with multiple business units serving government and corporate clients.

What investment stages does Downer Group typically target?

Downer Group focuses on operational infrastructure services — design, construction, maintenance, and asset management — rather than investing in early-stage or growth equity. Its capital deployment is primarily through project contracts and bolt-on acquisitions.

Where does the underlying wealth come from?

Downer Group is a publicly traded company on the Australian Securities Exchange, owned by institutional and retail shareholders. Its revenue comes from government and private sector contracts for infrastructure services.

Does Downer Group maintain philanthropic structures?

Downer Group operates a Downer benefits program supporting employee wellbeing, but it does not publicly disclose a separate philanthropic foundation. Community engagement is integrated into its project delivery.

What is Downer Group's structural differentiator?

Downer Group owns quarries, asphalt plants, and bitumen plants alongside its contracting operations, giving it end-to-end control of materials, logistics, and execution for large-scale infrastructure projects — a model few competitors in Australia and New Zealand replicate.

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