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Vulcan Steel Expands NZ Footprint with $88M Roofing Industries Buy

11:04pm on Friday 29th of August, 2025 AEST Industrial Products
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Vulcan Steel Expands NZ Footprint with $88M Roofing Industries Buy

11:04pm on Friday 29th of August, 2025 AEST
Key Points
  • Acquisition of Roofing Industries for NZ$88 million
  • Roofing Industries generated NZ$160 million revenue and NZ$25 million EBITDA FY25
  • Equity raising of approximately A$87.1 million via entitlement offer
  • Transaction expected to be earnings accretive for FY25
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