Acquisition History / Tasmea Limited (ASX: TEA) / JPS Holdings Pty Ltd (JPS Group)
Tasmea Limited (ASX: TEA) Acquires JPS Holdings Pty Ltd (JPS Group)
Announced June 23, 2026 — $49.5M
What happened
Tasmea executed a share purchase agreement to acquire JPS Holdings, an integrated services provider to the Australian energy sector, for up to A$75 million. Settlement was targeted for around 1 August 2026 subject to conditions including ACCC approval, and completion was reported on 6 August 2026.
- Acquirer
- Tasmea Limited (ASX: TEA)
- Target
- JPS Holdings Pty Ltd (JPS Group)
- Announced
- June 23, 2026
- Price
- $49.5M
- Industry
- Energy sector industrial services
- Buyer type
- Strategic acquirer
- Status
- Closed
By the numbers
Frequently Asked Questions About This Acquisition
When did Tasmea Limited (ASX: TEA) acquire JPS Holdings Pty Ltd (JPS Group)?
Tasmea Limited (ASX: TEA) acquired JPS Holdings Pty Ltd (JPS Group) on June 23, 2026. This was Tasmea Limited (ASX: TEA)'s 1st publicly tracked acquisition out of 1 we have on record.
How much did Tasmea Limited (ASX: TEA) pay for JPS Holdings Pty Ltd (JPS Group)?
Tasmea Limited (ASX: TEA) paid $49.5M for JPS Holdings Pty Ltd (JPS Group).
What does JPS Holdings Pty Ltd (JPS Group) do?
Tasmea executed a share purchase agreement to acquire JPS Holdings, an integrated services provider to the Australian energy sector, for up to A$75 million. Settlement was targeted for around 1 August 2026 subject to conditions including ACCC approval, and completion was reported on 6 August 2026.
What other Energy sector industrial services companies has Tasmea Limited (ASX: TEA) acquired?
JPS Holdings Pty Ltd (JPS Group) is Tasmea Limited (ASX: TEA)'s only publicly tracked acquisition in Energy sector industrial services so far.