LCC Asia Pacific releases Edition 332 of Australian Engineering & Contracting Market Update
Australian market update on announcements, valuations and deals in the engineering, contracting, oilfield services and mining services sectors
By: LCC ASIA PACIFIC PTY LIMITED
This long running weekly report, commenced in 2011, provides information on developments specific to industries including Engineering, Mining Services, Oil & Gas Services, Oilfield Services and Infrastructure Services.
This latest report for the week ending November 1st 2019, outlines updates and rumours on a number of Australian and international deals, including a potential moves by both NRW Holdings and Service Stream and an international deal of interest in the engineering consulting space in Denmark.
There are a number of other new headlines and key developments flowing from Australian Stock Exchange announcements by various Australian public companies, in addition to an update on the trading metrics of all sector constituents.
LCC's proprietary index – the LCC Australian Contractors & Services Providers Index® is also updated for movements in recent weeks – and it is compared against various sector movements including in both Engineering and Mining Services.
Nicholas Assef, LCC's Founder and Head of Engineering, Contracting & Services Sectors commented : "The current market has a number of key larger Australian assets in play. A number of these from Private Equity Sponsors and others from major Corporates looking to evolve their own business models. The coming 2 months will be of high interest as a number of these processes draw to a close – and the LCC weekly research note will report on those as the results become public"
Market Update 332 can be viewed here : https://www.slideshare.net/
LCC Asia Pacific is in its 15th year of operation, and specialises in both corporate finance and strategic advisory engagements to the Engineering, Contracting and Mining Services sectors.