Monarch Surveyors and Engineering Consultants Ltd. has completed the acquisition of GM & FE Ryan Pty Ltd., an Australia-based engineering services company, making it a wholly owned subsidiary following the transfer of 100% of its share capital.

The acquisition, executed under the Binding Acquisition Agreement signed on May 21, 2026, has received all necessary regulatory approvals and has been officially recorded with the Australian Securities and Investments Commission (ASIC).

According to the company, the acquisition will strengthen its engineering and project execution capabilities, expand its operational scale, diversify its service offerings, and support long-term value creation through business synergies.

Commenting on the development, Managing Director Dattatraya Mohaniraj Karpe said the acquisition marks a significant milestone in Monarch's growth strategy and geographical expansion, reinforcing its commitment to strengthening its global presence and enhancing shareholder value.