News Articles for Tasmea

ASX-listed Tasmea has agreed to acquire the nation's largest privately owned labour hire business, WorkPac Group, in a deal worth as much as $60.7 million.

Mining services and contracting-based company Tasmea entered a trading halt on Wednesday, ahead of a proposed business acquisition announcement.

Mining contractor and services group Tasmea has capitalised on gossip about looming director sales by nailing a $43 million capital raising.

Mining services and contracting firm Tasmea lifted its profit to $53 million in the last financial year, amid an aggressive acquisition strategy that saw four deals closed within a year.

Tasmea has forecast a $70 million net profit after tax for FY26 – up 34 per cent year-on-year – as it scales its national footprint.

Tasmea's acquisition will grow its electrical services offering and return capital to shareholders via a special dividend.

Less than half of share market floats in 2024 turned a profit, with expectations of another tough year.

Perth-based Tungsten Metals Group has scrapped its planned IPO, in a lean period where only four WA junior explorers have listed on the ASX this year.

Jandakot-based mining services company Tasmea will acquire Future Engineering Group for nearly $85 million, with the deal to be finalised in the coming days.

Jandakot mining services company Tasmea has made its debut on the Australian Securities Exchange after raising $59 million through an initial public offering.

Mining services company Tasmea has forecast an increase in revenue to $435 million and net profit to $34 million as it prepares for a listing on the ASX.

In this podcast, Mark Beyer and Mark Pownall discuss house prices; interest rates; Monadelphous buy; Tasmea IPO; infrastructure blowouts; Liontown; VGW; interesting property deals; labour market shortages and IR reform.

A national mining services company that has quietly completed multiple acquisitions in Western Australia has appointed a Perth-based chair as it explores an ASX listing.