Quickstep rejects offer as not reflecting company value

Aerospace composites manufacturer Quickstep has rejected as inadequate a takeover offer tabled on Thursday by a group of Australian defence contractors represented by ASDAM Operations, a company majority owned by CPE Capital. CPE Capital specialises in growing mid-sized businesses by providing development capital, and has investments in a wide range of businesses, including manufacturers. ASDAM…

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‘Oils ain’t oils’ when Nufarm makes more of them

Crop protection and seed developer Nufarm has established a strategic R&D partnership to expand its bioenergy and sustainable oils platform technology originally sourced from CSIRO. The company’s Biomass Oil trait technology comprises a significant estate of patents and know-how that when deployed into crops boost accumulation of oil in plant tissue, increasing oil yields from…

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Weld Australia names Welding Excellence Awards winners from Victoria and Tasmania

Welding industry professional body Weld Australia announced the winners of its Victoria and Tasmania Welding Excellence Awards  for 2024 on Wednesday night. The event at Crowne Plaza in Melbourne showcased “the exceptional talent of welders and fabricators across Victoria and Tasmania” Weld Australia CEO Geoff Crittenden said in a statement on Thursday. “The winners this…

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