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CIMIC sells 50% stake in UGL Transport to Japan’s Sojitz

Image: UGL Transport
Image: UGL Transport
  • Posted by Max Berry
  • |
  • 2 December, 2025

ENGINEERING and infrastructure behemoth CIMIC Group has sold a 50% stake in its wholly-owned subsidiary UGL Transport to the Japan-based Sojitz Corporation in a deal worth $500 million cash announced on 2 December.

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CIMIC sells 50% stake in UGL Transport to Japan’s Sojitz
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Posted by Max Berry

Max Berry is a journalist with 30 years’ experience, including freelance reporting for The Age. Most recently, Max has been Communications and Stakeholder Engagement Adviser on the Murray Basin Rail Project.

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