This Day On The Street
Continue to site right-arrow
This account is pending registration confirmation. Please click on the link within the confirmation email previously sent you to complete registration.
Need a new registration confirmation email? Click here
Stocks Under $10 with 50-100% upside potential - 14 days FREE!

DEKRA Expands To Australia

STUTTGART, Germany and MELBOURNE, Australia, January 31, 2013 /PRNewswire/ --

- Acquisition of Russell Consulting International in Melbourne

The global expert organisation DEKRA steadily continues on an international path to success and now has a presence in Australia.  DEKRA is acquiring the consulting company Russell Consulting International (RCI) in Melbourne. RCI is a market leader for consulting services in safety, occupational health and safety, and sustainability in Australia. With this purchase, DEKRA is represented on all continents with its own subsidiaries.

"DEKRA now covers the entire globe. DEKRA's presence on the fifth continent is a significant step for us in our global growth strategy", said Stefan Kölbl, Chairman of the Management Boards of DEKRA e.V. and DEKRA SE. "Australia and the Pacific region are a very interesting growth market with a huge demand for our high-quality safety, testing, inspection and consulting services".

Russell Consulting International employs over 30 persons and generates an annual turnover equivalent to approximately €12 million. Its customers are primarily companies from the raw material extraction, oil, gas and process industries. Companies such as BHP Billiton, ExxonMobil and Chevron implement safety, occupational health and safety, and environmental protection concepts from RCI to prevent risks.

"The acquisition of RCI positions DEKRA to advise our global industry customers in safety issues on site on all continents", explained Ivo Rauh, Member of the Management Board of DEKRA SE and Head of the DEKRA Industrial business unit. "With the acquisition of the US consulting company BST last year and the purchase of RCI, we are establishing our new DEKRA Consulting business unit around the globe as an important building block for our overall industrial business".  

"Russell Consulting International is an excellent fit for our consulting portfolio and the DEKRA family," said Dr Gesa Koeberle, Head of DEKRA Consulting GmbH. "RCI had already collaborated very successfully with BST in the past. Both companies are proven specialists in establishing an uncompromising safety culture from top management to the employees".

"The transition to the DEKRA Consulting Group is an important step for RCI", stated Dr. Richard Russell, Managing Director of the company. "I am convinced that our employees and customers will benefit enormously from the company's integration into the DEKRA Group". The current owners and management will continue to head the company.  

The DEKRA Group bundles its premium consulting services in the DEKRA Consulting service unit. In addition to BST and RCI, the British Chilworth Global Group - a specialist in explosion protection and process safety - as well as the German, Italian and Swedish DEKRA Consulting units - specialists in performance excellence and sustainability - are integral parts of the service unit.

1 of 2

Select the service that is right for you!

Action Alerts PLUS
Try it NOW

Jim Cramer and Stephanie Link actively manage a real portfolio and reveal their money management tactics while giving advanced notice before every trade.

Product Features:
  • $2.5+ million portfolio
  • Large-cap and dividend focus
  • Intraday trade alerts from Cramer
  • Weekly roundups
TheStreet Quant Ratings
Try it NOW
Only $49.95/yr

Access the tool that DOMINATES the Russell 2000 and the S&P 500.

Product Features:
  • Buy, hold, or sell recommendations for over 4,300 stocks
  • Unlimited research reports on your favorite stocks
  • A custom stock screener
  • Upgrade/downgrade alerts
Stocks Under $10
Try it NOW

David Peltier, uncovers low dollar stocks with extraordinary upside potential that are flying under Wall Street's radar.

Product Features:
  • Model portfolio
  • Stocks trading below $10
  • Intraday trade alerts
  • Weekly roundups
Dividend Stock Advisor
Try it NOW

Jim Cramer's protege, David Peltier, identifies the best of breed dividend stocks that will pay a reliable AND significant income stream.

Product Features:
  • Diversified model portfolio of dividend stocks
  • Alerts when market news affect the portfolio
  • Bi-weekly updates with exact steps to take - BUY, HOLD, SELL
Real Money Pro
Try it NOW

All of Real Money, plus 15 more of Wall Street's sharpest minds delivering actionable trading ideas, a comprehensive look at the market, and fundamental and technical analysis.

Product Features:
  • Real Money + Doug Kass Plus 15 more Wall Street Pros
  • Intraday commentary & news
  • Ultra-actionable trading ideas
Options Profits
Try it NOW

Our options trading pros provide daily market commentary and over 100 monthly option trading ideas and strategies to help you become a well-seasoned trader.

Product Features:
  • 100+ monthly options trading ideas
  • Actionable options commentary & news
  • Real-time trading community
  • Options TV
To begin commenting right away, you can log in below using your Disqus, Facebook, Twitter, OpenID or Yahoo login credentials. Alternatively, you can post a comment as a "guest" just by entering an email address. Your use of the commenting tool is subject to multiple terms of service/use and privacy policies - see here for more details.
Submit an article to us!


DOW 18,030.21 +6.04 0.03%
S&P 500 2,081.88 -0.29 -0.01%
NASDAQ 4,773.4720 +8.0480 0.17%

Brokerage Partners

Rates from

  • Mortgage
  • Credit Cards
  • Auto

Free Newsletters from TheStreet

My Subscriptions:

After the Bell

Before the Bell

Booyah! Newsletter

Midday Bell

TheStreet Top 10 Stories

Winners & Losers

Register for Newsletters
Top Rated Stocks Top Rated Funds Top Rated ETFs