Market Alert: Gold and Silver Continue to Outperform with Robust Gains.
Duratec Limited (ASX: DUR) has strategically strengthened its position in Australia’s infrastructure sector by acquiring 100% of AMD Electrical Pty Ltd, trading as EIG Australia, on 31 July 2025. Established in 2010 and headquartered in Canning Vale, Western Australia, EIG is a specialist in electrical infrastructure, particularly in fuels and fluid transfer services, offering in-house consultancy and design expertise. Its impressive track record includes projects for Defence, Energy, and Mining & Industrial sectors, such as aviation fuel farm installations and bulk fuel facility construction, with a client base of blue-chip miners, government agencies, and engineering firms.
The AU$9 million acquisition, funded through Duratec’s existing cash reserves, enhances it self-perform capabilities and broadens its national service offerings, positioning the company to capture high-value, high-barrier opportunities in Defence and industrial markets. EIG’s forecasted FY26 revenue of AU$14 million with AU$2.3 million EBITDA, coupled with retention of its senior management team, supports Duratec’s long-term growth and diversification strategy.
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Nextgen Global Services Pty Ltd trading as Kapitales Research (ABN 89 652 632 561) is a Corporate Authorised Representative (CAR No. 1293674) of Enva Australia Pty Ltd (AFSL 424494). The information contained in this website is general information only. Any advice is general advice only. No consideration has been given or will be given to the individual investment objectives, financial situation or needs of any particular person. The decision to invest or trade and the method selected is a personal decision and involves an inherent level of risk, and you must undertake your own investigations and obtain your own advice regarding the suitability of this product for your circumstances. Please be aware that all trading activity is subject to both profit & loss and may not be suitable for you. The past performance of this product is not and should not be taken as an indication of future performance.
