Emeco

Perth, Australia Founded: 1972 • Age: 54 yrs Acquired By Darr Equipment
Big data analytics solutions are provided for mining industries.
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About Emeco

Emeco is a company based in Perth (Australia) founded in 1972 was acquired by Darr Equipment in June 1997. It operates as a Pay-per-Use / Usage-Based, and Managed Services. The company has 909 employees as of June 30, 2025. Emeco has completed 3 acquisitions, including Force Equipment, Matilda Equipment and Pit N Portal. Emeco offers products and services including Emeco Flexible Rental, Emeco Performance Rental, FORCE Maintenance Services, and Pit N Portal Underground Solutions. Emeco operates in a competitive market with competitors including Worldsensing, talpasolutions, Strayos, IntelliSense.io and Respec, among others.

  • Headquarter Perth, Australia
  • Employees 909 as on 30 Jun, 2025
  • Stage Public
  • Sectors
    Technology
    Natural Resources
  • Phone
    *********
  • Website
    *********
  • Social
    *********
  • Legal Name Emeco Holdings Limited
Operational Areas
Technology → Cloud, Data & Analytics Infrastructure
Natural Resources → Mining & Quarrying
Key Metrics
  • Annual Revenue
    $518.93 M (USD)
    -4.54
    as on Jun 30, 2025
  • Net Profit
    $49.65 M (USD)
    42.69
    as on Jun 30, 2025
  • EBITDA
    $190.58 M (USD)
    6.48
    as on Jun 30, 2025
  • Latest Funding Round
    $61.21 M (USD), Debt – Conventional

    Jan 02, 2015

  • Investors
  • Employee Count
    909

    as on Jun 30, 2025

  • Investments & Acquisitions
  • Acquired by
    Darr Equipment

    (Jun 01, 1997)

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IPO & Listings of Emeco

Emeco is a publicly listed company on the ASX with ticker symbol EHL in Australia, operating in the Finance sector. As a publicly traded entity, the company provides investors with opportunities to participate in its growth story through equity ownership. The listing enables access to capital markets, enhances corporate visibility, and provides liquidity for shareholders while maintaining transparency through regulatory compliance and regular financial disclosures.

Exchange: ASX · Ticker: EHL . Sector: Finance · Australia

Products & Services of Emeco

Emeco offers a comprehensive portfolio of products and services, including Emeco Flexible Rental, Emeco Performance Rental, FORCE Maintenance Services, and Pit N Portal Underground Solutions. The company's diverse product and service offerings are designed to meet the evolving needs of its customers, address market demands, and provide comprehensive solutions that drive value creation and customer satisfaction across various segments and use cases.

Primary

Earthmoving equipment rental is provided for mining efficiency.

Equipment and technology are offered for enhanced productivity.

Machine and component rebuilds are delivered for reliability.

Mid-level underground mining solutions are provided to clients.

People of Emeco
Headcount 200-500
Employee Profiles 24
Employee Profiles
People
Stephen Crofts
General Manager Global Assets
People
Christine Walley
National Fleet And Equipment Manager
People
Ian Testrow
Managing Director & CEO
People
Randy Gogowich
Vice President Rental Services

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Funding Insights of Emeco

  • Total Funding
  • Total Rounds 3
  • Last Round Debt – Conventional — $61.2M
  • First Round
  • Investors Count
Date Amount Transaction Name Valuation Lead Investors Investors
Jan, 2015 Amount Debt – Conventional - Emeco Valuation

investors

Mar, 2014 Amount Debt – Conventional - Emeco Valuation

investors

Mar, 2014 Amount Debt – Conventional - Emeco Valuation

investors

Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Jan, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Investors in Emeco

Emeco has secured backing from 1 investor. Prominent investors backing the company include Darr Equipment. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.

All
Investor Description Founded Year Domain Location
Provides forklifts, rentals, warehouse solutions, fleet management, and industrial support services.
Founded Year Domain Location
Investor Description Founded Year Domain Location
Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
Founded Year Domain Location
Startup ecosystems are ignited through strategic investments by Signite Partners.
Founded Year Domain Location
Venture capital is directed toward companies in multiple sectors.
Founded Year Domain Location
Venture capital is invested in cybersecurity, fintech, and AI startups.
Founded Year Domain Location

Investments & Acquisitions by Emeco

Emeco has strategically engaged in corporate development activities, having acquired 3 companies. Notable acquisitions include Force Equipment, Matilda Equipment and Pit N Portal. These strategic investments and acquisitions demonstrate the company's commitment to growth through portfolio expansion, market consolidation, technology integration, and strategic partnerships that enhance competitive positioning and drive long-term value creation.

Investments
Company Name Description Domain Location Founded Year Amount
Bionic investment advisor platform
2016
Fine Asian gourmet food is offered by an internet-first restaurant.
2016
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
2014
Fine Asian gourmet food is offered by an internet-first restaurant.
2016
Acquisitions
Company Name Description Domain Location Founded Year Amount
Dozers, graders, loaders, and other mining equipment are distributed.
2003
Provider of mining equipment and solutions
2002
Earthmoving equipment maintenance services are provided in Perth, Australia.
1989
Company Name Description Domain Location Founded Year Amount
OVO is recognized as a smart digital payment application.
2017
Bionic investment advisor platform
2016
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
2014
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
2014

Financial Statements - Emeco

Tata Steel revenue growth over time
Tata Steel profit and loss trends over time
Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Jan, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Emeco Comparisons

Employees
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Competitors of Emeco

Emeco operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as Worldsensing, talpasolutions, Strayos, IntelliSense.io and Respec, among others. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.

Company Name Domain Founded year HQ Location Description
domain founded_year HQ Location
Provider of cloud-driven IoT-based real-time traffic monitoring & analytics solution
domain founded_year HQ Location
Cloud-based predictive analytics and data management software for multiple industries
domain founded_year HQ Location
Cloud-based data analytics software for drone images is provided.
domain founded_year HQ Location
Empowering people and machines to make intelligent decisions
domain founded_year HQ Location
Data and analytics software tools are supplied for mining industries.
Company Name Domain Founded year HQ Location Description
domain founded_year HQ Location
Multiple services are booked via an app-based platform.
domain founded_year HQ Location
On-demand services are booked through an app-based platform.
domain founded_year HQ Location
App based platform offering on demand delivery and ride-hailing services
domain founded_year HQ Location
Operates an on-demand hyperlocal delivery app for food and groceries.

Frequently Asked Questions about Emeco

When was Emeco founded?

Emeco was founded in 1972 and raised its 1st funding round 42 years after it was founded.

Where is Emeco located?

Emeco is headquartered in Perth, Australia. It is registered at Perth, Western Australia, Australia.

Who is the current CEO of Emeco?

Ian Testrow is the current CEO of Emeco.

How many employees does Emeco have?

As of Jun 30, 2025, the latest employee count at Emeco is 909.

What is the annual revenue of Emeco?

Annual revenue of Emeco is $518.93M as on Jun 30, 2025.

What does Emeco do?

Mining equipment rental, maintenance, and rebuild services are offered by Emeco Group, primarily in Australia. Heavy earthmoving equipment performance is maximized through flexible rental solutions and technology-driven productivity enhancements. Services include machine and component rebuilds, asset management, and underground mining solutions. Operations are supported by a national network of workshops and field services across key mining regions. The company serves the mining sector with a focus on safety and efficiency.

Who are the top competitors of Emeco?

Emeco's top competitors include Worldsensing, Respec and talpasolutions.

What products or services does Emeco offer?

Emeco offers Emeco Flexible Rental, Emeco Performance Rental, FORCE Maintenance Services, and Pit N Portal Underground Solutions.

Is Emeco publicly traded?

Yes, Emeco is publicly traded on ASX under the ticker symbol EHL.

How many acquisitions has Emeco made?

Emeco has made 3 acquisitions, including Force Equipment, Matilda Equipment, and Pit N Portal.

Who are Emeco's investors?

Emeco has 1 investor. Key investors include Darr Equipment.

What is Emeco's ticker symbol?

The ticker symbol of Emeco is EHL on ASX.

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