About Brookfield Business Partners L.P.

Brookfield Business Partners L.P. operates as a business services and industrials company. The company’s principal industrial operations include oil and gas exploration and production, palladium and aggregates mining, bath and shower products manufacturing, the production of graphite electrodes and the manufacturing and supply of engineered precast systems and pipe products. The company’s business services operations include principally of construction services, including construction management and contracting services, and residential real estate services and facilities management. Construction Services The company’s construction services business is an international contractor with a focus on construction, primarily on large-scale, complex landmark buildings and social infrastructure. Construction projects are generally delivered through contracts whereby the company takes responsibility for design, program, procurement and construction for a defined price. The company’s landmark projects include One St. George Wharf in London, King Street Wharf in Sydney and Emirates Towers in Dubai. The company operates in Australia, Europe and the Middle East across a range of sectors, including commercial, residential, social infrastructure, retail and mixed use properties. The company identifies opportunities from various different sources, such as through invitations to tender, direct request from clients and/or their consultants and internal business development. Its client base includes both private and public sector entities. Other Business Services In addition to construction services, the company provides various other business services, principally related to residential real estate and facilities management. Its business services are typically defined by medium to long-term contracts. Residential Real Estate Services The company is a service provider of relocation and related consulting services to individuals and institutions on a global basis. The company provides globally integrated, customizable services to its clients. The company provides services to residential real estate brokers through franchise arrangements under various brands in Canada, including the nationally recognized brand Royal Lepage, and in the United States through a joint venture with Berkshire Hathaway, operating under the brand name Berkshire Hathaway Home Services. The company also directly operates residential brokerages in select cities in Canada and provides valuations services to financial institutions in Canada where it processes an average of 180,000 residential property appraisals per year. Facilities Management Within its facilities management business the company provides design and project management, professional services and strategic workplace consulting to customers from sectors that range from government, military, financial institutions, utilities, industrial, and corporate offices. The company’s contract expirations range from month-to-month to 28 years. The company manages approximately 250 million square feet of real estate across Canada and Australia. Industrial Operations The company’s industrial operations business consist of Canadian oil and gas exploration and production, principally through its coal-bed methane (CBM), platform in Alberta, Canada; offshore Western Australia oil and gas exploration and production, specialty metal and aggregates mining operations in Canada and select industrial manufacturing operations comprised principally of the global production of graphite electrodes, the manufacturing of infrastructure support products, such as pre-cast concrete products and corrugated pipe and other drainage products in Canada and the manufacturing of bath and shower products in North America. Canadian Oil and Gas Operations The company’s Canadian CBM platform produces approximately 53,000 barrels of oil equivalent per day (boe/d), 93% of which is natural gas from its CBM platform. Its CBM properties are located along the Horseshoe Canyon coal trend in the central part of the Province of Alberta. Its properties include 14 million cubic feet per day (MMcf/d) of oil and gas assets in Central Alberta; 75 MMcf/d of oil and gas assets in Central Alberta; 15 MMcf/d of oil and gas assets in Central Alberta; and CBM natural gas assets in Central Alberta. Productive Wells As of December 31, 2014, the company owned an average 87.7% working interest in 3,850 gross (3,377 net) productive natural gas wells and an average 41.9% working interest in 118 gross (49.5 net) productive oil wells. Western Australia Oil and Gas Operations The company’s oil and gas operations in Western Australia were acquired in June 2015. The company produces oil and gas from nine fields and has associated offshore and onshore infrastructure holdings. The company’s energy operations also include contract drilling and well-servicing operations primarily located in the Western Canadian Sedimentary Basin. The company owns a fleet of eight telescopic double drilling rigs with depth ratings from 3,200 to 4,500 meters with a ninth rig under construction. Specialty Metals and Aggregates Mining The company’s mining operations consist of a limestone aggregates quarry located in northern Alberta that supplies the Alberta oil sands industry. Its industrial minerals operations in Alberta are principally consisted of the operation and development of a limestone mine with 459.2 million tonnes of proven mineral reserves and 539.5 million tonnes of probable mineral reserves located. The company holds leases for limestone and other minerals covering approximately 1 million acres in the surrounding area that encompass a large portion of the mineable Athabasca oil sands region of Alberta. Graphite Electrodes Production The company manufactures graphite electrodes, carbon and graphite materials, and needle coke products used in the production of graphite electrodes. Graphite electrodes are primarily used in electric arc furnaces, or EAF, in mini-mill steelmaking and a significant portion of the company’s sales is to the steel production industry. The company manufactures graphite electrodes ranging in size up to 30 inches in diameter and approximately 11 feet in length, and weighing approximately 5,900 pounds (2.6 metric tons). The manufacture of graphite electrodes includes six main processes: forming the electrode, baking the electrode, impregnating the electrode with a special pitch that improves the strength, rebaking the electrode, graphitizing the electrode using electric resistance furnaces, and machining. In addition, the company manufactures carbon, graphite, and semi-graphite refractory products, which protect the walls of blast furnaces and submerged arc furnaces. The company provides advanced graphite and carbon materials used in the transportation, solar and oil and gas exploration industries and manufacture flexible graphite products, enabling thermal management solutions for the electronics industry. The company holds approximately 700 issued and pending patent applications. The company sells globally to customers in industries, such as metal production, electronics, chemicals, aerospace and transportation. The company sells its products primarily through its direct sales force, independent sales representatives and distributors, all of whom are trained and experienced with its products. Bath and Shower Products Manufacturing The company manufactures and distributes a range of bath and shower products for the residential housing market in North America. The company’s operations include eight manufacturing facilities, four in the United States and four in Canada, as well as a procurement office in China. The company owns manufacturing network in North America for acrylic and fiberglass reinforced plastic bathing products. Its product, Utile by MAAX, is a shower and tub shower wall solution that comes in a range of colors, textures and patterns that look and feel like tile. The company’s distribution is principally through large format retail stores like Home Depot, Rona, Lowe's and plumbing retailers. Infrastructure Support Products Manufacturing In June 2015, the company acquired operations that manufacture and market a range of infrastructure products and engineered construction solutions. The company services in a cross-section of industries in Canada, as well as selected markets globally. These markets include Canada's national and regional public infrastructure markets and private sector markets in agricultural drainage, building construction and natural resources. The company manufactures and markets corrugated high-density polyethylene pipe, corrugated steel pipe, and other drainage related products, including small bridge structures. The company also manufactures and markets engineered precast systems, such as parking garages, bridges, sport venues, and building envelopes, as well as standard precast products, such as steps, paving stones, and utility vaults. The company operates through 43 locations in Canada, which include production facilities and offices across the country. It sells to customers in a range of industries, including among others, agriculture, industrial, commercial and institutional, residential, and mining and resources. Strategy The key elements of the company’s strategy are to utilize an active management approach focused on strategic, operational and/or financial improvements; acquire businesses on a value basis; deploying contrarian thinking to target out of favor sectors; and make direct acquisitions or add-on acquisitions within existing platforms and/or in sectors.

Country
Industry:
Conglomerates
Founded:
2016
IPO Date:
06/20/2016
ISIN Number:
I_BMG162341090
Address:
73 Front Street, Hamilton HM 12, Bermuda
Phone Number
Data Unavailable

Key Executives

CEO:
Ranjan, Anuj
CFO
Dehl, Jaspreet
COO:
Thassim, Niel