Following its recent acquisition of VASS Electrical Industries, French-based electrical equipment company Legrand has announced that it will double its size in Australia after buying Australian Plastic Profiles (APP) for an undisclosed sum. The acquisition is its largest in Australia since HPM in 2007, said Legrand, and follows the buyouts of southwest Sydney-based busway power…
Tasmea has acquired communication and energy infrastructure company Future Engineering Group for $84.5 million.
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…
What were the five biggest stories of the week? Here’s what visitors to @AuManufacturing were reading. 5) Psychotropic medicines manufacturer bids for IDT Australia Psychotropic medicines manufacturer Mynd Bio Pty Ltd has made a surprise bid to acquire listed pharmaceutical developer, Melbourne-based IDT Australia. The bidder is part of a larger group which has already…
Electrical equipment manufacturer Legrand has announced the acquisition of Busway power distribution solution business VASS Electrical Industries. French-based Legrand Group announced the finalisation of the aquisition in a statement on Wednesday. It said its existing electrical and digital building infrastructure products were complementary to VASS’s business, enabling a “wider and comprehensive offering to customers”. VASS…
Packaging business BioPak has announced the acquisition of Australian-based reusable cup company, Huskee. In a statement on Tuesday, BioPak said the deal “marks a significant partnership and alignment” and will “fast-track and strengthen both BioPak and Huskee’s shared vision towards a circular economy and a world without waste.” The value of the deal was not…
Melbourne-headquartered product development and electronics engineering company Extel Technologies has announced the acquisition of Monterey, California-based contract electronics manufacturer Synergetics Manufacturing, following “several years of diligent efforts”. In a statement on Monday, Extel said the acquisition is a culmination of a long-time presence in California in pursuit of its US expansion plan and would add…
GUD Holdings has acquired European automotive lighting distribution business Rindab (RVX) for $12 million.
