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MAD - Mader Group

Discussion in 'Stocks I-P' started by System, Aug 28, 2019.


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  1. System

    System Administrator

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    Jun 27, 2010
    The Mader Group provides specialised contract labour for maintenance of heavy mobile equipment in the resources industry from an in-house pool of skilled employees. The services provided include maintenance labour, feld support (on-site labour with support vehicles and tools), shutdown maintenance teams (for major overhauls), maintenance workshops, training of maintenance teams, and a range of other ancillary services.

    The Mader Group generates the majority of its revenue by providing various types of contract labour services at an hourly rate per tradesperson provided. These payments are either made under service agreements, at previously agreed hourly rates or, in a minority of cases, on an ad hoc basis.

    It is anticipated that MAD will list on the ASX during September 2019.


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