Southern Cross Electrical Engineering Limited ( (AU:SXE) ) has issued an announcement.
Southern Cross Electrical Engineering Limited (SCEE) announced the acquisition of Force Fire Holdings Pty Ltd, marking another step in its strategic expansion and diversification. This acquisition is expected to enhance SCEE’s capabilities in providing fire safety solutions and strengthen its market position in the commercial, industrial, data centers, education, and retail sectors, aligning with its growth strategy and commitment to delivering shareholder returns.
More about Southern Cross Electrical Engineering Limited
Southern Cross Electrical Engineering Limited (SCEE) is a leading national provider and manufacturer of specialized electrical, instrumentation, communications, security, fire, and maintenance services and products. Established in 1978 and listed on the ASX in 2007, SCEE operates across infrastructure, commercial, and resources sectors, with a significant presence on the East Coast of Australia. The company has a strong track record of growth through acquisitions, expanding its services to include telecoms, communications, and electronic security across various sectors.
YTD Price Performance: 0.67%
Technical Sentiment Signal: Sell
Current Market Cap: €238.7M
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