◂ Announcements

Nov 28, 2023ACQUISITIONAustralia

IPD Group agrees to acquire CMI Operations

IPD Group Limited announced a conditional agreement to acquire 100% of CMI Operations Pty Ltd, a distributor and manufacturer of electrical cables and plugs in Australia, from Excelsior Capital Limited.

Status

Announced

Productselectrical cablesplugscouplersreceptacles

CompaniesIPD Group acquirer CMI Operations target Excelsior Capital partner

Sectors#Electrical Equipment

“We see significant potential in combining the complementary businesses of IPD and CMI.”ipdgroup.com.au

1 source
ipdgroup.com.auIPD Group Announces Acquisition of CMI Operations - IPD GroupKeith SuniegaNov 28, 2023

Summarized from public sources; check the original articles before acting on it.

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IPD Group agrees to acquire CMI Operations · Endata