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How Will NRW’s $200M Fredon Deal Transform Its Service Landscape?
12:22pm on Tuesday 2nd of September, 2025 AEST
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Construction & Engineering
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How Will NRW’s $200M Fredon Deal Transform Its Service Landscape?
12:22pm on Tuesday 2nd of September, 2025 AEST
Key Points
Acquisition of Fredon Industries valued at up to $200 million
Fredon adds a fourth strategic pillar – Electrical, Mechanical, Infrastructure, Technology (EMIT)
Fredon reported FY25 revenue of $840 million and EBIT of $38.6 million
Deal funded through NRW’s existing credit facilities, increasing net debt temporarily
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