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