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Earl R Smith II PhD
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Varley Group of Australia Expands U.S. Business with New Subsidiary
Varley USA to extend business services and acquire companies in aerospace & defense specialized vehicles and advanced electric motor and generator technologies
Washgington DC — January 20 2015 — The Varley Group one of Australia’s oldest and most advanced engineering companies recently announced the launch of a U.S. subsidiary to extend the groups business within the United States. With the expansion the Varley Group furthers its commitment to provide a comprehensive range of services and products to an international range of industry sectors.
The subsidiary headquartered in Washington D.C. will focus on growing its base in three key business areas that include; aerospace & defense specialized vehicles and advanced electric motor and generator technologies. In addition to establishing a business base for the Australian parent company in the U.S. the subsidiary is actively searching for strategic acquisitions of U.S.-based companies to further leverage Varley Group technologies and capabilities.
“Varley Group has provided its customers with innovative solutions and quality designs and products for over 125 years” said Jeff Phillips CEO of The Varley Group in Australia. “We have a long history of doing business within the U.S. and establishing a formal presence in the states was the logical next step in continuing our success in this market. Through establishing the subsidiary Varley is better positioned to grow that success and to provide our U.S. partners and customers a wide range of unparalleled services and products through strategic partnerships and growth through acquisitions.”
Matthew Hederstrom will head the U.S. team as the chief executive office and manage the strategic direction and day-to-day operations. In addition to Mr. Hederstrom the other members of the senior team include Earl “Chief” Smith II PhD senior vice president of acquisitions who will lead the team focused on identifying and securing strategic acquisitions and vice president of global business development Dan Dragoi who is responsible for Varley USA’s sales marketing and customer relations.
“Over the years the Varley Group has built a substantial base of business in the U.S. through a wide range of relationships with major government contractors” said Dr. Earl “Chief” Smith II. “The company has decided to increase its commitment to the U.S. market by establishing the subsidiary and I am proud to lead the acquisition team.”
About Varley U.S.A.: Varley U.S.A. is the U.S. subsidiary of an Australian Engineering Services company. It is headquartered in Washington DC and is focused on making strategic acquisitions as well as building U.S. business based on Varley’s broad array of technologies capabilities and experience.
About Varley: As the parent company to Varley U.S.A. Varley is one of Australia’s oldest and most advanced engineering companies. The company consistently provides its customers with innovative solutions and quality in design and manufacture. It provides a comprehensive range of services and products to a wide variety of major industries. The company’s vast project experience includes working within industries such as; aerospace & defense specialized vehicles electric vehicles power services ship repair rail services and telescopic towers.
Varley’s work on projects large and small has earned the company a reputation – locally nationally and internationally – as a supplier of first class work a manufacturer of quality products and a provider of unsurpassed service. Its broad but specialized skill-base acquired through experience and servicing a diverse range of markets gives the company the competitive edge in providing quality customer service.
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