Market Alert: US Sets Tariff Floor at 15% – Potentially Rising to 50% from 01 August 2025
Tasmea Limited (ASX: TEA) has announced the acquisition of the Vertex Group—comprising Vertex Power & Process and VTX Group Services—to enhance its capabilities in high voltage and portable power solutions across regional Australia. This AU$9 million deal (plus up to AU$2.75 million in performance-based earnouts) strengthens Tasmea’s footprint in the mining, utilities, and renewables sectors, where Vertex boasts longstanding relationships and recurring revenue streams. The integration will be a bolt-on to ICE Engineering and is projected to be earnings accretive, with an expected EBIT contribution exceeding AU$2.5 million annually. Tasmea aims to unlock synergies through cross-selling and operational integration with subsidiaries such as Sigma Power Services and Future Engineering. Vertex and VTX leadership will remain post-acquisition, ensuring cultural alignment and service continuity. This move underscores Tasmea’s disciplined strategy to grow through targeted, culturally aligned acquisitions while driving shareholder value through scalable service delivery
Customer Notice:
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.
Kapitales Research, Level 13, Suite 1A, 465 Victoria Ave, Chatswood, NSW 2067, Australia | 1800 005 780 | info@kapitales.com
Jul 30, 2025
Jul 30, 2025
Jul 30, 2025
Jul 30, 2025
Jul 30, 2025
Jul 30, 2025
Jul 30, 2025
Jul 30, 2025
Jul 30, 2025
Jul 30, 2025
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.
