Latest Industrial Services News

Babylon Pump & Power has agreed to sell its non-core Ausblast business for $2.8 million, streamlining operations and boosting capital for its water management and rental services.

WestStar Industrial's subsidiary SIMPEC has landed a significant $11 million contract to deliver structural and mechanical works at Tianqi Lithium's Kwinana plant, reinforcing its role in Australia's energy transition.

SGH Ltd and Steel Dynamics have jointly proposed a $13.2 billion acquisition of BlueScope Steel, offering shareholders a significant premium and planning a strategic split of assets between Australia and North America.

Symal Group has locked in a $300 million revolving debt facility with major Australian banks, enhancing its financial flexibility to support strategic growth and acquisitions.

Boom Logistics has appointed Lester Fernandez as its permanent Managing Director and CEO, entrusting him to lead the company through its next phase of growth with a strong focus on safety and operational excellence.

The Federal Court of Australia has approved the acquisition scheme for Lynch Group Holdings, paving the way for a cash payout to shareholders and imminent trading suspension.

NRW Holdings capped FY25 with strong financials and a strategic acquisition, setting the stage for an optimistic FY26. The addition of Fredon Industries expands NRW’s footprint and diversifies its service pillars amid challenging market conditions.

MCS Services Limited has agreed to sell the core assets of its Highways Traffic subsidiary to Altus Traffic for $1.4 million, pending shareholder approval. The deal marks a strategic step to streamline operations following previous divestments.

EVZ Limited has issued earnings guidance for the first half of FY2026, forecasting revenue between $60 million and $65 million and a notable rise in EBITDA, reflecting operational improvements.

Decidr AI Industries has announced a strategic acquisition of Delaware-based Sugarwork Inc., marking its official entry into the US market and enhancing its Agentic AI platform with advanced knowledge transfer capabilities.

WestStar Industrial’s subsidiary Alltype Engineering has landed approximately $40 million in contracts spanning gas, water, and petrochemical sectors, including a major gas facility in the Northern Territory’s Beetaloo Basin.

ALS Limited has reported a robust first half for FY26, with revenue climbing 13.3% to $1.7 billion and underlying NPAT rising 17.2%, driven by strong organic growth across all business streams and strategic investments in digital innovation.