Jun 2, 2026 – 12.00pmTasmea is expanding into the fast-growing data centre, with the ASX-listed engineering and maintenance business spending $254 million to acquire Victoria’s Maxim Group, an electrical contractor which specialises in providing wiring and cabling for digital infrastructure assets.Even before it announced the purchase, Tasmea had already become a market darling with a fourfold increase in its share price since its debut in August 2024. It already operates 27 separate businesses, providing services to mining, oil and gas, infrastructure and defence companies.Subscribe to gift this articleGift 5 articles to anyone you choose each month when you subscribe.Subscribe nowAlready a subscriber? Fetching latest articles
Tasmea pivots to data centres with $254m takeover of Victoria’s Maxim
The engineering and maintenance group was already a market darling, and saw shares soar after saying it would enter the “highest-growth” infrastructure area.
TL;DRAI
Tasmea acquisisce Maxim Group per $254M per espandere in data centre; Maxim specializzata in cabling e electrical infrastructure per asset digitali. Per tech leader segnala consolidamento M&A in infra digitale trainato da AI/cloud: cabling e power design diventano asset critici.
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