News Archive: 2021

Please see below for Valmec’s latest news releases.

Valmec secures Services Agreement with Origin Energy

Valmec is pleased to announce that it has secured a new Services Agreement with Origin Energy for the provision of wellsite mechanical and electrical maintenance services.The multi-year agreement, with an estimated value of...

Valmec awarded Bunbury Outer Ring Road (BORR) Packages

Valmec has been awarded two Bunbury Outer Ring Road (BORR) Packages for our valued client ATCO Australia. The scope of the packages includes the installation of 400m of DN 100 pipe, 700m of...

Altrad completes Valmec acquisition

18 October 2021 ALTRAD COMPLETES VALMEC ACQUISITION Perth, Western Australia – Altrad Services (Altrad or the Company) is pleased to announce the completion of the $52 million cash acquisition of Valmec Limited...

Valmec's Scheme of Arrangement Approved

Valmec is pleased to announce that the Supreme Court of Western Australia has approved the scheme of arrangement under which Altrad Australia (Altrad Services) will acquire approximately 98 percent of the issued capital...

Altrad acquisition moves forward

Valmec’s shareholders have approved the acquisition by Altrad Australia (Altrad Services) by way of scheme of arrangement (Scheme), with 98 percent of shareholders voting for the deal at a general meeting...

Altrad Australia to acquire Valmec Limited

Valmec Limited (Valmec) (ASX: VMX) and Altrad Australia Pty Ltd (Altrad) are pleased to announce that they have entered into a binding Scheme Implementation Deed (SID) for the cash acquisition...

Valmec Women In Engineering Scholarship 2021

As part of our commitment to cultivating a future that is inclusive and gender-equal, Valmec has partnered with The University of Queensland (UQ), to establish the ‘Valmec Women in Engineering Scholarship’, which...

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