TEA – Tasmea Limited
- mining and resources;
- oil and gas;
- power and renewables;
- defence and infrastructure;
- telecommunications and retail; and
- waste and water.
The Tasmea Group provides essential shutdown, programmed maintenance, emergency breakdown and sustaining capital upgrade services principally to fixed plant and equipment for asset owners operating in essential Australian industries.
The Tasmea Group services a diversified blue-chip customer base operating across the mining and resources, oil and gas, power and renewables, defence and infrastructure, telecommunications and retail and waste and water industries. The Tasmea Group focuses on Australia’s remote regions where the majority of its customers are located and has a national footprint with operations in all mainland States and Territories.
Oxford Economics projects that in FY24, Tasmea’s total addressable market across the Focus Industry Sectors will be $21.4 billion and that the total addressable market is projected to grow at a compound annual growth rate (CAGR) of 1.1% between FY24 to FY28.
The projected growth in the total addressable market is based on Oxford Economics’ expectation of increased maintenance needs for existing plant across the mining and resources and oil and gas sectors and private and public infrastructure investment.
It is anticipated that TEA will list on the ASX during April 2024.
