• Published: 10 September 2025

RelyOn Acquires Competency Training to Expand its Electrical Services Offering in Australia

Effective September 9, RelyOn has entered into an agreement to acquire Competency Training (a wholly owned subsidiary of ASX listed Verbrec) in Australia. This strategic move shows RelyOn’s continued commitment to supporting safety-critical industries and strengthens our position as a premier provider of electrical technical training and consultancy across Australia.

Established in 2005, Competency Training provides High Voltage Operator, Electrical Hazardous Areas and Electrical Instrumentation training. Competency Training is an Australian Registered Training Organisation (RTO) servicing clients in the energy, mining, construction, manufacturing, and engineering industries.

Competency Training brings a team of seasoned safety, electrical, and education professionals, enabling RelyOn to offer enhanced services to clients building and maintaining critical infrastructure.

John Kelso, Managing Director of RelyOn Australia, comments “This acquisition allows us to deepen our capabilities in electrical training and expand our reach across Australia. Together, we’re better equipped to support the energy transition and deliver the skills needed for a safer, more sustainable future.”

Mark Read, CEO of Verbrec, “RelyOn represents an exciting new chapter for Competency Training as the business and its people can look forward to being part of a leading international training provider. The whole Competency Training team should be proud of the successful business we have built leading to this transaction”.

About RelyOn
RelyOn delivers safety, compliance, and competence services and solutions around the world. Across their 40+ facilities, RelyOn helps clients protect their people, assets, and the environment. RelyOn has a deep history going back over 50 years and leads, through the intelligent application of the latest technology, the energy sector and other safety-critical industries. RelyOn is leading the safety and technical training field and has a broad range of innovative digital services, including digital learning, simulation technology, and a market-leading suite of SaaS applications. The company’s market-leading digital services offer clients a modular approach to managing safety across their business processes while minimizing risk and revolutionizing how we track workforce safety, compliance, and competence. To learn more, visit: www.relyon.com, and www.relyonaustralia.com.

About Competency Training
Competency Training has been a trusted name in electrical and safety training across Australia, known for its commitment to quality, compliance, and industry relevance. To learn more, visit: www.competencytraining.com.

About Verbrec

Verbrec is a leading engineering, asset management, infrastructure services provider, operating across the entire asset life cycle. With capabilities that range from concept design to end-of-life management, Verbrec works with clients to support their energy transition goals.