The story
The former New Zealand Ministry of Works, originally set up in 1870 as the Public Works Department and later known as Works Civil Construction, was corporatized in 1996. As a result, a new entity was created and the assets and operations of the former organization were transferred to it. It procured over 30 other companies in the following years, and changed its name to Works Infrastructure in 2000. In July 2007, it became Downer EDI Works Limited.
From Wikipedia’s article on Downer EDI Works Limited, shared under CC BY-SA 4.0.3