Vulcan Steel

Vulcan Steel was founded by Peter Wells in Auckland in 1995 as a steel distribution business.

The company has grown dramatically since then, both organically and through acquiring 10 established businesses.

Vulcan entered the Australian market in 2002 through the acquisition of 50% of Horan Steel, and its most important purchase was Sandvik’s Australasian stainless steel distribution business in late 2014. It bought the remaining 50% of Horan Steel in 2019.

The company is now in 16 locations around Australia, with 460 staff, and 13 locations in New Zealand, with 382 employees here. Last year it generated $451.1 million worth of sales in Australia and $280.4m in New Zealand.

See original story by Brian Gaynor.

Company Details

Registered Office: 29 Neales Road, East Tamaki, Auckland 2013, New Zealand

Postal Address: 29 Neales Road, East Tamaki, Auckland 2013, New Zealand

Telephone: +6492737214

Facsimile: n/a

Website: https://vulcan.co/

First Listed: 04/11/2021

Balance Date: 30 June

AGM: 31/10/2025

Directors and Executives

Adrian Casey

Chief Operating Officer

Russell Chenu

Chair

Bart de Haan

Independent Non-Executive Director

Nicola Greer

Independent Non-Executive Director

Rhys Jones

Chief Executive Officer and Managing Director

Sarah-Jane Lawson

Company Secretary

Carolyn Steele

Independent Non-Executive Director

Gavin Street

General Manager

Kar Yue Yeo

Chief Financial Officer

Announcements

Title	Date	Type
SPH Notice - New Zealand Superannuation Fund Nominees Ltd	Mon, Sep 08 2025 02:28 pm	SHINTR
NZX Capital Change Notice	Thu, Sep 04 2025 09:45 am	SECISSUE
ASX Appendix 2A - Application for quotation of securities	Wed, Sep 03 2025 12:22 pm	SECISSUE
ASX Listing Rule 3.16.4 disclosure - Variation to MD/CEO’s	Wed, Sep 03 2025 08:30 am	GENERAL
Dispatch of Retail Offer Booklet to retail shareholders	Fri, Aug 29 2025 03:58 pm	OFFER
Notification to Eligible and Ineligible Retail Shareholders	Fri, Aug 29 2025 03:55 pm	OFFER
VSL – Trading to resume at market open	Thu, Aug 28 2025 09:14 am	HALT
Vulcan completes Institutional Entitlement Offer	Thu, Aug 28 2025 09:06 am	OFFER
2025 date of Annual Meeting of shareholders	Wed, Aug 27 2025 09:13 am	MEETING
Cleansing Statement (section 708AA(2)(f) of Corporations Ac	Tue, Aug 26 2025 10:21 am	OFFER

Major Holdings Announcements

Date	Name	No. Held	%	Current
01/07/24	New Zealand Superannuation Fund Nom	6,758,602	-	5.14
22/04/24	Mayoral Trust Limited as trustee of	7,247,780	7.04	5.52
25/01/23	Forsyth Barr Investment Management	7,923,216	5.01	6.03
07/03/22	Takutai Limited as trustee of the T	18,666,039	14.01	14.20
08/11/21	Rhys Jones and Lorraine Susan Taylo	4,718,000	5.98	3.59
08/11/21	Helen Cynthia Moore, Patrick James	5,400,000	6.85	4.11
08/11/21	Adrian John Casey, Henderika Fiona	5,870,711	7.45	4.47
08/11/21	Partitio Trustee Limited as trustee	7,303,688	9.26	5.56
08/11/21	Wide View Enterprises Limited	4,604,009	5.84	3.50
08/11/21	Vulcan Sale Company Limited	-	39.83	-
04/11/21	Vulcan Steel Limited	79,064,144	-	60.17

Director’s Interests Announcements

no directors' interests listed

Analysts’ Forecasts

No forecasts available

Disclaimer

Data on this page is from BusinessDesk and NZX Ltd for information purposes only. Details are believed to be accurate but no warranty is given as to accuracy, timeliness, reliability or completeness. No person should rely on the contents of the report and all persons should obtain independent professional advice before acting on any information connected with or contained in this report.

Last Updated: 04/09/2025