Australian Engineering M & A Deals Lift In 3rd Week April
LCC Asia PAcific released edition 355 of its long running weekly Engineering, Mining Services & Environmental Services Market Update
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.
Despite ongoing disruption from oil price volatility and COVID 19, the Australian sector saw a number of positive announcements, including Ventia's acquisition of Broadspectrum not being opposed by the ACCC, Saunders International winning a great contract and aerial surveying company Aerometrex entering into a small strategic acquisition
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 : "After a number of extremely quiet weeks on the Australian market it is pleasing to see some deal activity starting again"
Edition 355 can be reviewed here : https://lccasiapacific.com/