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GREENHY2 LIMITED — M&A Activity 2017
Jul 26, 2017
65033_rns_2017-07-26_3d4388dd-39d4-4022-8376-52abf96d8be9.pdf
M&A Activity
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ASX Announcement
26 July 2017
Tempo Completes KP Electric Acquisition
Tempo Australia Limited (ASX: TPP) (“Tempo”, the “Company”) is pleased to announce that it has completed the acquisition of KP Electric, a leading national electrical services provider. The acquisition is through the purchase of 100% of the issued share capital of KP Electric (Australia) Pty Ltd and the business assets of KP Electric (WA) Pty Ltd (Jointly referred to as “KP Electric”).
ENDS
For further information please contact:
Max Bergomi Michael West CEO & Managing Director CFO & Company Secretary +61 (8) 6180 2040 +61 (8) 6180 2040
About Tempo
Tempo Australia Limited (ASX: TPP) is a services company to the minerals, resources, energy, commercial and industrial sectors. The company was established in 2011 and has specific expertise in the provision of structural, mechanical, piping, electrical, telecom, and data communications services, specialising in construction (greenfield and brownfield); maintenance; sustaining capital works; and shutdowns.
Following the acquisition of KP Electric, Tempo is now also a national electrical services provider specialising in Australia-wide electrical service, maintenance and compliance of existing electrical assets, plus electrical projects and energy management.