◂ Announcements

Apr 15, 2024ACQUISITIONAuckland, New Zealand

Coventry Group acquires Steelmasters Group for A$42M

ASX-listed industrial parts manufacturer Coventry Group has acquired Auckland-based Steelmasters Group for A$42 million, creating a Trans-Tasman business with forecast 2024 sales of A$400 million.

Value

$27.0M (42.0M AUD)

Status

Completed

Productsindustrial parts

CompaniesCoventry Group acquirer Steelmasters Group target

Sectors#Industrial Machinery

“ASX-listed industrial parts manufacturer Coventry Group has announced an A$42 million ($45m) deal to acquire Auckland-based Steelmasters Group.”nbr.co.nz

1 source
nbr.co.nzKiwi Steelmasters acquired by ASX-listed Coventry for A$42mApr 15, 2024

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

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