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Symal Expands Queensland Footprint with $11M McFadyen Acquisition
7:01am on Thursday 18th of September, 2025 AEST
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Infrastructure
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Symal Expands Queensland Footprint with $11M McFadyen Acquisition
7:01am on Thursday 18th of September, 2025 AEST
Key Points
Symal to acquire 100% of McFadyen Group for $11 million
Expansion into Queensland water, stormwater, wastewater, and pipeline sectors
Acquisition expected to be EPS accretive from first year
FY26 Normalised EBITDA guidance increased by ~$2 million
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