# Symal Group to acquire 80% of Davison Earthmovers for AUD 23.2M

Symal Group Limited agreed to acquire an 80% stake in Davison Earthmovers for AUD 23.2 million in cash. Founder Paul Davison will retain a 20% stake and continue in the business.

- Type: Acquisition
- Announced: 2025-12-19
- Where: Australia
- Value: $15.5M (23.2M AUD)
- Status: announced
- Products: earthmoving services
- Sectors: [Mining Equipment](https://endata.com/sectors/mining-equipment.md), [Construction Materials](https://endata.com/sectors/construction-materials.md)

## Companies

- [Symal Group Limited](https://endata.com/companies/89277.md) (acquirer)
- [Davison Earthmovers](https://endata.com/companies/89278.md) (target)

## Sources

- [marketscreener.com](https://www.marketscreener.com/news/symal-group-limited-agreed-to-acquire-80-stake-in-davison-earthmovers-for-aud-23-2-million-ce7d50ddde8af52d), 2025-12-19: "Symal Group Limited (ASX:SYL) agreed to acquire 80% stake in Davison Earthmovers for AUD 23.2 million on December 19, 2025."

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Data from Endata (https://endata.com/). Announcements are summarized from public sources and may be incomplete; check the linked originals.