Investment Matters

Company news: Emeco

Press speculation arose in the AFR about an alternative takeover proposal for Orionstone.  Orionstone is one of the three parties - along with Emeco and Andy's Earth Moving - that are proposing a merger and recapitalisation.

All three companies have indicated their commitment to the three-party merger and recapitisation, with the transaction progressing well and on track to complete in the first week of January.