DGL Group Limited (AU:DGL) has released an update.
DGL Group Limited has successfully completed its acquisition of Enlog Pacific Holdings, enhancing its capabilities in hazardous goods storage and transport, as well as expanding its chemicals, manufacturing, logistics, and recycling services. The strategic move enables DGL to offer new products and services and reach Enlog’s existing customer base of over 500 clients. To partially settle the acquisition, DGL issued 614,901 new shares at $0.57 each, based on recent trading volumes.
For further insights into AU:DGL stock, check out TipRanks’ Stock Analysis page.