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TETRAN partners with Ernst & Young for Business Advisory Services

Announcement posted by TETRAN Pty Limited 28 Jul 2015

TETRAN recently announced that the company would be working with Ernst & Young on corporate strategy for the business throughout Asia Pacific.

Considerable growth in recent years and strong financial performance in FY 14/15 have presented TETRAN with a number of opportunities to grow further and expand market share. EY will initially provide advisory services on the expansion in Singapore, Mergers & Acquisition strategies and other facets of corporate strategy.

TETRAN’s expanding global footprint calls for a firm with an international presence and expertise to facilitate the company’s growth agenda. Engaging a leading Business Advisory and Consulting Firm provides TETRAN with global expertise and a strong global network of professionals on which to draw as the business expands.       

The senior management at TETRAN strongly believe that the business has evolved to a position where it could consolidate on recent success to achieve ambitious growth targets set for the new financial year and beyond.

Commenting on the development, Joe Siric, Chief Financial Officer at TETRAN stated “TETRAN’s outstanding performance over recent years has opened up new opportunities throughout the region.  We need to ensure we plan effectively to realise those opportunities and EY are the perfect business advisory partners to work with.”

EY previously worked with TETRAN to expand its presence in Asia by setting up entities in Sri Lanka and Singapore. The entity in Singapore was launched as a strategic move and will play a key role in business operations moving forward. 

EY is one of the largest professional services firms in the world and is acknowledged as one of the “Big Four” financial services conslutants worldwide.