News Articles for Stephen Young

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.

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.

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.

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.