Skip to main content
Derwent Industries banner
Derwent Industries logo

Derwent Industries

Derwent Industries provides manufacturing service of water pipe fittings and industrial castings.

Backed by

Australian Business Growth FundAustralian Business Growth Fund

EQUITY on February 21, 2023

About

Derwent Industries Group is an Australian advanced metal manufacturer producing stainless-steel clamps, couplings and engineered components for water, mining, rail and defence using proprietary onshore automated and robotic processes.

Mission

Derwent Industries Group is an Australian advanced metal manufacturer supplying critical infrastructure projects across water, mining, rail and defence. The company focuses on technological innovation, building proprietary processes and advanced manufacturing capabilities at onshore sites. The business supports major civil infrastructure projects and the maintenance of existing networks, emphasizing local manufacturing to deliver projects effectively. The ABGF investment will fund market-leading robotics, automated equipment and sustainability measures and upgrade the Wodonga site into a state-of-the-art facility for stainless-steel clamps and couplings. Derwent expects further regional job growth—an estimated 18% increase across its Hobart, Wodonga and Bendigo facilities over the next three years. ABGF will be a minority investor while the Evans family will remain majority owners and managers.

Quick Facts

Founded

1840

Funding

EQUITY

Industry

Machinery Manufacturing, Manufacturing, Mining, Precious Metals, Water

Team Size

51-100

Headquarters

Dandenong, Victoria, Australia