Fredon

What Fredon does

Fredon is an Australian-owned, privately held multi-services engineering group founded in 1968 and headquartered in Silverwater, NSW. The company delivers integrated electrical, HVAC, technology, infrastructure, resources and industrial, and high-voltage services to public- and private-sector clients across all Australian states and territories plus New Zealand, supported by approximately 1,500 employees. Its core operating divisions — Electrical & Communications, HVAC (trading as Fredon Air in Victoria, formerly Allstaff Airconditioning), Technology, Resources & Industrial, and Infrastructure — are reinforced by cross-cutting service capabilities in installation, scheduled maintenance, engineering design, offsite prefabrication, digital buildings/BIM, and systems integration. Notable technical differentiators include an ML-based Sensor-less Daylight Harvesting solution, Tridium Niagara authorised system integrator status, and Authorised Engineering Organisation certification with Transport for NSW.

The company generates revenue primarily through large installation projects, scheduled maintenance agreements, and ongoing building service works delivered under tendered and negotiated contracts with enterprise and government clients. End markets span healthcare, transport infrastructure, water and utilities, defence, government, commercial, data centres, correctional, education, resources, and entertainment — with named clients including Sydney Metro / Transport for NSW, Prince of Wales Hospital, Lendlease, Laing O'Rourke, John Holland, Veolia, Brisbane Airport Corporation, the Department of Defence (RAAF), and the University of Technology Sydney. Distribution is direct-to-enterprise through tender submission and prime contracting, with Fredon acting variously as prime contractor or specialist subcontractor. The April 2026 contract awards totalled approximately $160M, including a $110M Commonwealth infrastructure project in Northern Australia.

Fredon was historically organised with a Security division (Fredon Security, founded 2012) that was divested to Securitas in January 2020. Since then, the group has pursued a buy-and-build strategy, acquiring Allstaff Airconditioning in August 2019 (rebranded Fredon Air VIC in November 2022) and Sturdie Trade Services in December 2022, while deepening its technology partnership with Panduit (recognised as Australia Top Enterprise Performer 2024-2025 at the APAC GSIC Partner Summit). The company is founder/family-controlled, with Alan Lipman as Group Chairman and a leadership team spanning Group Managing Director (David Simpson historically, with Scott Olsen identified as CEO in more recent communications) and regional general managers across each state.

Name

Fredon

Legal name

Fredon

Website

https://fredon.com.au

Company type

Private

Founded year

1968

Operating status

Operating

Headcount range

501–1,000 employees

Short description

Fredon is an Australian-owned multi-services engineering group delivering electrical, HVAC, infrastructure, technology, and maintenance services across Australia and New Zealand. With 1,500+ employees, it serves government, healthcare, transport, defence, utilities, and commercial clients through integrated project delivery.

Ownership category

akta.pro rank

Product category

Engineering and Construction Services

NAICS

Electrical Contractors and Other Wiring Installation Contractors (23821), Plumbing, Heating, and Air-Conditioning Contractors (238220), Engineering Services (541330)

SIC

Heavy Construction Other Than Bldg Const - Contractors (1600), Services-Engineering Services (8711)

akta.pro primary industry

Energy Services (Retrofits/Commissioning/Testing & Balancing) (IMAIABAI)

Keywords

• Electrical contracting services
• HVAC engineering services
• Building services maintenance
• Infrastructure construction
• Industrial electrical systems

Headquarters

HQ city

Silverwater

HQ country

Australia

HQ region

Oceania

Offices10 records

Markets served

GTM type

B2B

Offering type

Services

Cost components

Personnel, Operations, Supply Chain, Technology or R&D, Marketing or Sales, Infrastructure

Revenue model

1. Large Installation Projects: Fredon undertakes large installation projects across electrical, HVAC, security, technology, resources & industrial, and infrastructure divisions. Revenue is generated through project-based contracts with combined values often exceeding $100 million, as evidenced by their April 2026 contract awards totaling approximately $160 million.
2. Scheduled Maintenance Services: Ongoing maintenance and service contracts providing recurring revenue from long-term client relationships. The company emphasizes repeat business and proven results through trusted capability delivery.
3. Building Services Works: Ongoing building service works including client services, special projects, and integration services for existing infrastructure.
4. Engineering Design Services: Leaner cost-effective solutions for the entire project lifecycle including engineering design, digital buildings, and integration services.

Go-to-market motion2 records

Distribution channels3 records

Marketing channels5 records

Core offering

Fredon is a multi-disciplinary engineering group delivering electrical, HVAC, technology, infrastructure, and maintenance services for large-scale construction and building projects. The company undertakes large installation projects, scheduled maintenance, and ongoing building service works across healthcare, transport, defence, water, commercial, government, correctional, and industrial sectors. Core capabilities include project management, engineering design, offsite prefabrication, integration, and digital buildings, supported by 1,500+ employees across Australia and New Zealand.

Product overview

Fredon is a multi-service engineering group offering an integrated portfolio of construction and building services. The company operates six core divisions (Electrical & Communications, HVAC, Technology, Resources & Industrial, and Infrastructure) plus a dedicated Security division (sold to Securitas in 2020). These divisions are supported by service capabilities including Installation, Engineering Design, Offsite Prefabrication, Integration, and Digital Buildings. Fredon Air (VIC) operates as a sub-brand for HVAC services in Victoria (formerly Allstaff Airconditioning), and Sturdie Trade Services was acquired in 2022 to expand capabilities. The company undertakes projects across commercial, data centre, education, government, health, hospitality, correctional, entertainment, defence, resources, water, transport infrastructure, industrial, and high voltage sectors, with a focus on complex multidisciplinary projects requiring integrated service delivery.

Differentiator

Problem solved

Functional benefit

Products and services

• Electrical & Communications Services

Quantifiable outcome

• Fredon achieved LEED Gold Certification for Melbourne Olympic Park through energy-efficient solutions including 122kW solar system and daylight harvesting
• +3 more outcomes

Named customers13 records

Segments8 records

Ideal customer profiles5 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature5 records

Partnerships

One partnership is on record.

• PanduitcoreTechnology or Integration · 1 April 2026Fredon maintains an ongoing partnership with Panduit as an APAC partner. Fredon VIC was recognised at the Panduit APAC GSIC Partner Summit 2026 receiving the 'Australia Top Enterprise Performer 2024-2025' award. The partnership involves collaborative delivery across multiple projects with focus on growth, collaboration, and innovation in the APAC technology market.

Scale indicators6 records

Recent moves7 records

Expansion highlights6 records

Direct peers

• Downer EDI: ASX-listed integrated infrastructure services contractor with major Australian electrical, HVAC, communications and rail capabilities. Direct peer across transport, defence, utilities and government infrastructure; competes head-to-head on tenders like Sydney Metro and hospital redevelopments.
• Ventia Utility Services: Australian/New Zealand infrastructure services contractor providing electrical, mechanical and maintenance across transport, water, defence and resources. Direct peer given shared geography, similar scope (electrical + mechanical + maintenance) and comparable government/utility customer mix.
• CPB Contractors: CIMIC subsidiary and one of Australia's largest infrastructure contractors. Direct peer in delivering large-scale multidisciplinary transport, health and government projects, frequently engaging Fredon-style MEP subcontractors — and sometimes competing for the same electrical/HVAC scopes.
• Stowe Australia: Australian electrical and communications contractor delivering commercial, industrial and infrastructure projects. Direct peer on large electrical packages for hospitals, stadiums and government facilities.
• UGL Limited: CIMIC-owned Australian engineering group delivering rail, electrical, mechanical and communications infrastructure including high-voltage and signalling. Direct peer because UGL operates Fredon's exact model — multi-disciplinary MEP on rail, transport, defence and industrial projects across Australia — at larger scale.
• Nilsen (Quanta Services subsidiary): Long-established Australian electrical contractor with national presence across commercial, industrial, mining and utility sectors. Direct peer in high-voltage, switchgear and large installation projects — Veolia Woronora-style water utility work sits squarely in both firms' wheelhouses.
• Programmed (Persol Holdings subsidiary): Australian provider of staffing, maintenance and electrical/infrastructure services to government, resources and utilities. Direct peer in the recurring-maintenance and small-to-mid project slice of the same end markets Fredon serves.

Broad incumbents

• AECOM: Global engineering services and design firm with substantial Australian operations across transport, water, health and defence. Broad incumbent that competes for engineering design and advisory scopes while also partnering with contractors like Fredon.
• John Holland: Major Australian construction and infrastructure contractor (CCCC-owned). Broad incumbent that engages Fredon as specialist subcontractor (Clarence Correctional Centre) but also has in-house MEP capabilities that compete for the same scopes.

Emerging players

• BGIS: Facility management and technical services provider serving Australian government, healthcare and commercial clients. Emerging player in the recurring-maintenance and integrated FM space that increasingly overlaps with Fredon's scheduled maintenance and asset services offerings.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat6 records

Key risks6 records

Key highlights7 records

Customer concentration

• LinkedInlinkedin.com/company/fredon-group
• Xx.com/FREDON_

Revenue estimate

Valuation estimate

Number of profiles

Profiles8 records

Subsidiaries1 record

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Fredon