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Capral acquires Brisbane distributor Apple Aluminium

Manufacturing News

Capral Aluminium has announced the acquisition of Archerfield, Brisbane-based supplier and fabricator Apple Aluminium

In a statement to the ASX on Monday, Capral described the acquisition as “relatively small”, though aligned with a strategy to grow via targeted acquisitions and strategic investments.

Apple Aluminium’s turnover was given as about $12 million, while Capral’s revenues for the financial year 2022/23 were $657 million.

The acquisition is planned for completion in late-July, “subject to completion conditions”.

Capral said it plans to leverage Apple’s “established market position, skilled workforce, and strong customer relationships” to improve its offerings in the city.

“Apple Aluminium has built a strong reputation for quality and service, values that parallel Capral’s,” said CEO Tony Dragicevich. 

“This acquisition aligns with Capral’s long-term strategy of growth through strategic acquisitions  and continuous improvement.” 

Apple was established in 1983 by Frank McLean. According to its website, its main business is as a distributor of aluminium extrusion, sheet and plate products, also offering processing for “privacy screens, fencing and the transport and marine industries.”

Capral is the nation’s largest extruder — with 65,000 tonnes of capacity — and distributor of aluminium products, and operates out of 26 sites across Australia.

Picture: credit Capral

Further reading

Low carbon aluminium a winner for Capral

Capral receives first Chain of Custody-certified shipment

Capral Aluminium achieves sustainability certification

Capral completes distribution acquisition


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