Tasmea Limited · ASX:TEA
Tasmea — Merger or Acquisition (August 2024)
9 slides from Tasmea's merger presentation, Aug 26, 2024
Slide 1: Acquisition of Future Engineering & Communication Group
ACQUISITION OF FUTURE ENGINEERING & COMMUNICATION GROUP ACQUISITION PRESENTATION AUGUST 2024
Slide 2: Transaction Summary
TRANSACTION SUMMARY Strategic acquisition of Future Engineering Group – Highly strategic expansion to capitalise on the rapidly growing electrification demand in Australia • Tasmea to acquire 100% of the units and shares in Future Engineering & Communication Group (“FEG”) and associated entities for
Slide 3: Transaction Highlights
TRANSACTION HIGHLIGHTS Strategic Expansion This acquisition positions Tasmea to capitalise on the rapidly growing electrification demand in 1 Australia, supporting the integration of critical renewable energy sources into existing grids to ensure stability, reliability and a more sustainable supply
Slide 4: Future Engineering Group Overview
FUTURE ENGINEERING GROUP OVERVIEW Established specialist trade skill electrification business with a geographically diverse revenue and customer portfolio Business Overview Scalable Operational Highly Experienced • Established in 1992 and based in Western Australia Capabilities Management Team • Spe
Slide 5: Appealing and Synergistic Business Profile
APPEALING AND SYNERGISTIC BUSINESS PROFILE FEG has an appealing and synergistic business profile that positions Tasmea strongly in industries with strong tailwinds, driving growth and shareholder value Diversified Customer Base FEG Industry Diversification FEG generates 41% of FY2024 revenue from
Slide 6: Comprehensive Electrical Capability
COMPREHENSIVE ELECTRICAL CAPABILITY Tasmea is now positioned with an end-to-end electrical capability, enabling Tasmea Group to offer fully integrated solutions which is a unique capability in the national electrical service sector. This acquisition positions Tasmea to capitalise on the rapid growth
Slide 7: FY24 Pro Forma EBIT with Recent Acquisitions Included
FY24 PRO FORMA EBIT WITH RECENT ACQUISITIONS INCLUDED Tasmea’s recent acquisitions further reflect Tasmea’s successful organic and programmatic acquisition strategy Key Highlights Recent Acquisitions Bridge • FY24 pro forma EBIT with recent acquisition A$15.5m A$75.4m including: o Dingo Concrete Ser
Slide 8: Strengthens Exposure to the Electrification Demand
STRENGTHENS EXPOSURE TO THE ELECTRIFICATION DEMAND FEG enhances Tasmea’s capability to capitalise on the rapidly growing electrification demand in Australia Key Structural Tailwinds Capacity, National Energy Market (GW, 2009-10 to 2049-50)1 350 Australia is in a transformative phase, with Historical
Slide 9: Important Notice
IMPORTANT NOTICE • This document has been prepared by Tasmea Limited (ABN 22 088 588 425) (“Tasmea” or “the Company”). No other party other than Tasmea has authorised or caused the issue of this document, or takes responsibility for, or makes any statements, representations or undertakings in this d