Premium Pipe Services Pty Ltd (PPS) is a separate stand alone company jointly owned one third each by Gosatti Corporation Pty Ltd, Alinta Management (2) Pty Ltd and ShieldLiner Limited.
Premium Pipe Services Pty Ltd has acquired from the family business interests of Trevor Gosatti an existing closed circuit television pipe inspection and pipe cleaning business and a range of plant and equipment required to provide Premium Pipe Services Pty Ltd with an established base from which to commence operations. Mr Gosatti is a non executive director of ShieldLiner Limited, and immediate past State President of the Civil Contractors Federation (WA branch), and he has agreed to be the full time Managing Director of the new company.
The second one third equity interest was acquired by ShieldLiner Ltd by granting the license to utilise the ShieldLiner technology in Australia and New Zealand. ShieldLiner Limited is an Australian Stock Exchange listed company and the owner and developer of the pipe relining and rehabilitation technologies known as the ShieldLinerå¨ System. The ShieldLiner System has potential applications in the water, sewerage, storm water, oil, gas and mining industries.
The ShieldLiner System is a unique multi-layered pipe lining technology with the potential for lining, repairing and sealing pipelines in situ to prevent leakage, improve structural integrity and decrease flow friction. The ShieldLiner System also has the potential to provide lining solutions for pressure pipes.
On 19 September 2005 in Rotterdam, ShieldLiner’s first commercial rig, utilising its unique patent pending Trenchless Technology for the repair and rehabilitation of underground pipes, was recognised internationally when the company was awarded the 2005 NO-DIG award for New Machine, Tool, Material, System or Technique by the International Society for Trenchless Technology (ISTT).
The remaining one third interest in Premium Pipe Services Pty Ltd is held by Alinta Management (2) Pty Ltd, a subsidiary of Alinta Limited. Alinta
Management (2) has purchased its one third equity interest in Premium Pipe Services and is also a substantial shareholder in ShieldLiner Limited. This company is one of Australia’s fastest-growing suppliers of innovative contracting services to the utilities sector. They have elevated piping and wiring systems to an art form to deliver turnkey solutions in electrical power, gas and telecommunications, as well as exciting new technologies for the water industry. Established in 1996, and then known as National Power Services (NPS), Alinta Management (2) today employs a high calibre team of more than 700 skilled personnel at fully-equipped bases across Australia and New Zealand. Together, they provide a full spectrum of network infrastructure development services, including engineering design, construction, installation, testing, commissioning, operations and maintenance. The NPS business has an annual turnover in excess of $A150 million.
Given their respective backgrounds and experience the three shareholders of PPS recognised there was a need in the Australian market place for a specialist Trenchless Technology contractor with the in house human resources, technologies, equipment and expertise to deliver multiple fit for purpose pipe repair and rehabilitation services and solutions to clients.