Acrow Formwork Renews $16M Visy Contract
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Acrow Formwork Renews $16M Visy Contract

Acrow Formwork and Construction Services Limited (AU:ACF) has released an update.

Acrow Formwork and Construction Services Limited has successfully renewed a significant $16 million contract with Visy to provide industrial scaffold services, marking a confident stride in their ongoing partnership and the company’s sustained growth. The renewal signifies a five-year commitment and bolsters Acrow’s position in the industrial services market, further complemented by the strong performance of recent acquisitions in its Industrial Services division. Acrow is poised to seek additional growth opportunities, with a focus on both organic expansion and strategic mergers and acquisitions in the coming financial year.

For further insights into AU:ACF stock, check out TipRanks’ Stock Analysis page.

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