VMX 6.06% 31.0¢ valmec limited

Valmec Limited (ASX:VMX) has completed its acquisition of...

  1. Valmec Limited (ASX:VMX) has completed its acquisition of Exterran (Australia), the Australian subsidiary of U.S. natural gas compression company Exterran.

    Exterran (Australia) has changed its name to Valmec Services Pty Ltd.

    It will continue to provide field and workshop maintenance, spare parts, engineering and operations support to the power, oil and gas sectors.

    Valmec Services was established in 1999 and has offices and facilities in Perth, Roma, Brisbane and Dalby with operations also in South Australia.

    It has long-term customer relationships with Tier 1 gas producers and shippers such as Chevron (NYSE:CVX), Santos (ASX:STO), Arrow Energy, Origin (ASX:ORG) and APA Group (ASX:APA).



    Proactive Investors Australia is the market leader in producing news, articles and research reports on ASX “Small and Mid-cap” stocks with distribution in Australia, UK, North America and Hong Kong / China.

 
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Currently unlisted public company.

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