Brief: Johns Lyng Announces Acquisition Of SSKB Strata & Chill-Rite HVAC
02/08/2024 07:33
Aug 2 (Reuters) - Johns Lyng Group Ltd JLG.AX :
* ANNOUNCES ACQUISITION OF SSKB STRATA & CHILL-RITE HVAC
* JOHNS LYNG WILL PAY A$28.8M IN CASH FOR ACQUISITION
* TOTAL UPFRONT AGGREGATE CONSIDERATION OF A$57.6M
* ACQUISITIONS ARE EXPECTED TO BE IMMEDIATELY EARNINGS
ACCRETIVE
* ACQUISITIONS ARE EXPECTED TO GENERATE FY25 REVENUE OF MORE
THAN
A$45M AND EBITDA OF A$9M
Further company coverage: JLG.AX
((Reuters.Briefs@thomsonreuters.com;;))
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