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Steve Dropulich says the acquisition marks a key milestone for Valmec.

Valmec buys APTS

Local engineering and construction group Valmec has announced it will purchase Henderson-based specialist pipeline testing company APTS, which was recently put into receivership.

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Valmec (VMX)

Share Price

Closing price for the last 90 trading days
Source: Morningstar

Top 10 Shareholders

Substantial shareholders as published in the annual report.
Source: Morningstar

Total Shareholder Return as at 30/09/19

1 year TSR5 year TSR
67thCirrus Networks110%7%
70thPacific Energy104%20%
268thValmec15%7%
633rdNeptune Marine Services-42%-25%
733 WA (and selected non WA) listed companies ranked by 1 year TSR relative to other companies with similar revenue
Source: Morningstar

Share Transactions

09/09/19
$7k Bought
24/06/19
$33k Bought
12/04/19
$12k Bought
Total value as at the date of the transaction
Source: Morningstar

Revenue

35th↑Pacific Energy$123.3m
36th↑Valmec$110.4m
38th↑Cirrus Networks$88.1m
39th↑Neptune Marine Services$85.4m
197 listed industrial companies ranked by revenue.
Source: Morningstar

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