Service Stream Limited announced that it proposes to acquire TechSafe, subject to a fair and reasonable opinion from an Independent Expert and Service Stream shareholder approval. TechSafe's Managing Director, Ashley Haynes, will join the Service Stream management team following completion of the Proposed Transaction. Mr. Haynes has over 15 years' experience in the outsourcing and management of contracts in the utilities sector. Prior to joining TechSafe, Mr. Haynes was Executive General Manager at Service Stream, overseeing the Energy & Water division.