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Simonds Group Expands Market Reach with $10M Dennis Family Homes Acquisition

8:47am on Friday 31st of January, 2025 AEDT • Construction
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Simonds Group Expands Market Reach with $10M Dennis Family Homes Acquisition

8:47am on Friday 31st of January, 2025 AEDT
Key Points
  • Simonds to acquire 100% of Dennis Family Homes for approximately $10 million
  • Acquisition complements Simonds’ existing operations in Victoria and NSW
  • Projected $200 million additional revenue in FY26
  • Earnings accretive expected by Q1 FY26
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