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H&G’s Bold Move: Acquires Trutex to Forge $200M Global Schoolwear Powerhouse
2:31pm on Tuesday 19th of August, 2025 AEST
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Retail
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H&G’s Bold Move: Acquires Trutex to Forge $200M Global Schoolwear Powerhouse
2:31pm on Tuesday 19th of August, 2025 AEST
Key Points
Acquisition of Trutex for approximately A$26 million enterprise value
Pro-forma Schoolblazer Group revenue of ~$200 million and EBITDA of ~$25 million including synergies
Identified $1.5 million in operational synergies realizable within two years
H&G to change name to Schoolblazer Limited reflecting global schoolwear focus
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