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Tasmea Expands Electrification Reach with $9M Vertex Acquisition
11:44pm on Monday 2nd of June, 2025 AEST
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Industrial Services
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Tasmea Expands Electrification Reach with $9M Vertex Acquisition
11:44pm on Monday 2nd of June, 2025 AEST
Key Points
Acquisition of Vertex Group for upfront A$9 million plus up to A$2.75 million earn-out
Expansion of Tasmea’s high voltage and portable power capabilities in NSW, Victoria, and South Australia
Expected EPS accretion of approximately 3% from recurring revenue and synergies
Integration under ICE Engineering to strengthen Tasmea’s electrical services segment
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