JANDAKOT: Tasmea Limited (ASX: TEA) announced Monday it has agreed to acquire Vertex Group, a specialist in high-voltage and portable power services, in a deal worth up to A$11.75 million ($7.8 million). The acquisition aims to strengthen Tasmea’s capabilities in the electrification industry. The purchase includes Vertex Power & Process Pty Ltd and VTX Group…
SYDNEY: Tasmea Limited has executed share and unit purchase agreement to acquire 100% of the units and shares in Future Engineering Group (FEG), which includes Future Engineering & Communication Unit Trust (FEC) and its associated entities Future Power Pty Ltd, Rollwell Pty Ltd and Westplant Pty Ltd. Completion is expected to occur on or about…
SYDNEY, AUSTRALIA: Tasmea Limited has executed an Asset Sale Agreement with Dingo Corporation Pty Ltd to purchase the business assets of Dingo De Construction for $6.5 million, with completion expected to occur on or about 1 June 2024. Tasmea will purchase the Dingo business as a going concern and continue operations in a new subsidiary…