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Stealth’s $22M HBT Acquisition Sparks Major Hardware Market Shakeup

9:57am on Monday 10th of November, 2025 AEDT Distribution
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Stealth’s $22M HBT Acquisition Sparks Major Hardware Market Shakeup

9:57am on Monday 10th of November, 2025 AEDT
Key Points
  • Acquisition of HBT expands Stealth’s network to over 1,200 stores
  • Deal valued at $22 million, funded through existing bank debt
  • Upgraded FY28 guidance, sales > $500 million, EBITDA margin 8–12%
  • Expected $8 million annual profit synergies by FY27
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about Stealth Group Holdings (ASX:SGI)
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