What Tycab Australia does

Tycab Australia operates as a sister entity within the Tyree Group, an Australian-owned industrial conglomerate whose primary operating activity is the manufacture of power and distribution transformers, kiosk substations, mining substations, and battery energy storage system (BESS) transformers from its Braemar (near Mittagong, NSW) headquarters. The group controls 20,000+ square meters of manufacturing floorspace across three modern workshops on 30 acres of company-owned land and employs 260+ on-site staff across engineering, trades, and skilled production roles. Tycab itself is positioned as the group's cable products brand (oxygen-free, plain and tinned copper electrical cable), with a parallel New Zealand distribution presence via TYCAB New Zealand.

The business serves electricity utilities (including Ausgrid-approved kiosk substation supply), industrial and mining operators, power generation projects (notably a 55MVA power transformer supplied to the 50MW Jemalong Solar Farm), and data centre infrastructure customers. Revenue is generated through one-time capital equipment sales of utility-approved transformers and substations, complemented by recurring field services, testing, and transformer overhaul/rewind engagements. Distribution is direct B2B enterprise sales into utility-approved channels, with no disclosed digital channels.

Ownership is structurally distinctive: Tyree Group is fully Australian owned by a Testamentary trust whose purpose is to direct profits to charitable distribution through the Sir William Tyree Foundation (founded in the early 1970s), with no shareholder dividends. Recent strategic activity — a AUD $25M capacity growth investment announced December 2023, a new Auckland production facility opened November 2024, and a stream of new product launches (kiosk substations, single phase step voltage regulator) — signals active scaling into the energy transition, data centre, and trans-Tasman markets.

Name

Tycab Australia

Legal name

Tycab Australia

Website

https://tycab.com.au

Company type

Private

Founded year

2016

Operating status

Operating

Headcount range

51–100 employees

Short description

Tycab Australia is a cable products brand within the Tyree Group, an Australian-owned manufacturer of power and distribution transformers, kiosk substations, and BESS transformers serving utilities, mining, power generation, and data centre customers across Australia and New Zealand.

Ownership category

akta.pro rank

Headquarters

HQ city

Dandenong

HQ country

Australia

HQ region

Oceania

Offices1 record

Markets served

GTM type

B2B

Offering type

Hardware or Manufacturing

Cost components

Personnel, Supply Chain, Operations, Infrastructure, Technology or R&D

Revenue model

1. Power Transformer Manufacturing and Sales: One-time hardware sales of power transformers, distribution transformers, and substation equipment to utilities, industrial customers, mining operations, and power generation facilities.
2. Field Services and Testing: On-site field services, testing, transformer overhauls and rewinds provided as recurring service engagements.

Go-to-market motion1 record

Distribution channels3 records

Marketing channels3 records

Core offering

Tycab Australia is a manufacturer of oxygen free, plain and tinned copper electrical cable products. Operating as part of the Tyree Group, the company leverages group-level manufacturing infrastructure including modern workshop facilities spanning over 20,000 square meters in Braemar, NSW, with capabilities including power transformer manufacture, distribution transformer production, substation assembly, and metal fabrication.

Product overview

Tycab Australia operates as part of the Tyree Group of companies, which is an Australian-owned manufacturer of power transformers and transmission products. The group encompasses Tyree Transformers (power transformers, distribution transformers, kiosk substations, BESS transformers) and Tycab (cable products). Tyree Transformers operates facilities in Braemar near Mittagong, NSW, with three modern workshops spanning over 20,000 square meters, and has expanded internationally with facilities in New Zealand. The core products include utility-approved distribution transformers (pole mounted, pad mounted, industrial ground mount, mining substations), power transformers (substation, traction, rectifier, mining applications), kiosk substations, and battery energy storage system (BESS) transformers.

Differentiator

Problem solved

Functional benefit

Products and services

• Oxygen Free Copper Electrical Cables Oxygen free copper electrical cable products manufactured for industrial, utility, and commercial applications. These cables provide high conductivity and are suitable for power transmission and electrical infrastructure applications.
• Plain Copper Electrical Cables Plain copper electrical cable products manufactured for general electrical and power applications across industrial and commercial sectors.
• Tinned Copper Electrical Cables Tinned copper electrical cable products designed for corrosion resistance and durability in harsh environments, suitable for marine, industrial, and outdoor applications.

Named customers4 records

Segments4 records

Ideal customer profiles3 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature3 records

Partnerships

Two partnerships are on record, tiered core.

• Tyree New ZealandcoreStrategic or Co-development Partner · 18 November 2024Tyree Group subsidiary expansion with official opening of distribution transformer production facility in Auckland, New Zealand. Represents group growth with high-tech Auckland facility for transformers. The New Zealand operation is part of the broader Tyree Group alongside Tycab Australia.
• AusgridcoreChannel Partner/ Reseller/ DistributorAusgrid, a major Australian electricity distribution network operator, has approved Tyree Transformers to supply kiosk substations. This approval enables Tyree to supply utility-approved products directly to Ausgrid's distribution network infrastructure requirements.

Scale indicators8 records

Recent moves6 records

Expansion highlights6 records

Others

• Prysmian Group: Global cable manufacturer and the dominant supplier of low, medium, and high-voltage electrical cables. Comparable for Tycab Australia's cable business (oxygen-free and tinned copper electrical cable products) as the leading global cable producer serving similar utility and industrial channels.

Direct peers

• Wilson Transformer Company: Australian-owned transformer manufacturer producing distribution, power, and mining transformers for utilities, mining, and industrial customers. Most directly comparable as a domestic specialist with overlapping utility approvals, mining substation capability, and ANZ customer overlap.
• ETEL Transformers: New Zealand-based manufacturer of distribution and power transformers serving ANZ utility and industrial markets. Comparable as a regional peer with overlapping product offerings and exposure to the same New Zealand infrastructure investment cycle that the Auckland facility targets.

Broad incumbents

• GE Vernova: Power and grid equipment spin-off from GE covering large transformers, grid solutions, and power generation technology. Comparable as a broad incumbent in the high-capacity power transformer market relevant to Tyree's substation and power transformer line.
• Eaton: Global power management company with electrical products including distribution transformers and power distribution equipment. Comparable as a broad incumbent serving utility, industrial, and data center power infrastructure applications.
• ABB: Global power and automation manufacturer with a comprehensive transformer portfolio across distribution, power, traction, and substation products. Comparable as a broad incumbent operating in the same utility, mining, and industrial transformer markets at much larger global scale.
• Siemens Energy: Global manufacturer of power generation and transmission equipment, including large power transformers and grid technology. Comparable as a broad incumbent serving the same utility, mining, and renewable integration segments at global scale.
• Toshiba Energy Systems & Solutions: Toshiba's power systems division producing large power transformers, including for substation and renewable integration applications. Comparable as a broad incumbent in the high-capacity power transformer category.
• Hitachi Energy: Global leader in transformers and high-voltage grid equipment, including a major Australian service footprint. Comparable as a broad incumbent covering utility, industrial, and rail/traction transformer applications relevant to the company's product mix.
• Schneider Electric: Global energy management and automation specialist with transformer and power distribution products including medium-voltage solutions. Comparable as a broad incumbent offering transformer products across utility, industrial, and data center segments.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat4 records

Key risks5 records

Key highlights7 records

Customer concentration

Revenue estimate

Valuation estimate

Number of profiles

Profiles1 record

Subsidiaries1 record

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Tycab Australia