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FOS Capital Expands Reach with $700k Glowing Structures Acquisition

3:11am on Monday 2nd of June, 2025 AEST Industrial Goods
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FOS Capital Expands Reach with $700k Glowing Structures Acquisition

3:11am on Monday 2nd of June, 2025 AEST
Key Points
  • Acquisition price of $700k split between cash and FOS shares
  • Glowing Structures generated $1.3m sales and $0.3m EBITDA in FY24 (unaudited)
  • Founder Adam De Guara to remain Managing Director under a 3-year agreement
  • Transaction funded through existing cash and debt facilities
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