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Saunders International Limited ( (AU:SND) ) has issued an announcement.
Saunders International Limited has announced the acquisition of Aqua Metro Pty Ltd, a leading provider of water infrastructure services, for up to $30 million. This strategic acquisition is expected to enhance Saunders’ presence in the water sector, complementing its existing capabilities and supporting its long-term growth strategy. The acquisition is anticipated to be earnings per share accretive in FY2026, with Aqua Metro’s projected revenue and EBITDA showing significant growth. The transaction will be funded through a combination of institutional placement, acquisition debt facility, and existing cash reserves, and is expected to complete in the first quarter of FY2026.
More about Saunders International Limited
Saunders International Limited is a company operating in the infrastructure sector, with a focus on tank construction, pipework, and control systems. The company is expanding its capabilities into the water sector, aiming to enhance its multidisciplinary project delivery capability.
Average Trading Volume: 41,745
Technical Sentiment Signal: Sell
Current Market Cap: A$90.67M
See more data about SND stock on TipRanks’ Stock Analysis page.