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How Will Symal’s $28M Queensland Acquisition Fuel Growth Ahead of 2032 Olympics?

8:57am on Wednesday 10th of December, 2025 AEDT Construction and Engineering
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How Will Symal’s $28M Queensland Acquisition Fuel Growth Ahead of 2032 Olympics?

8:57am on Wednesday 10th of December, 2025 AEDT
Key Points
  • Acquisition of Timms Group and L&D Contracting assets for $28 million upfront
  • Adds over $28 million in plant and equipment and skilled workforce
  • Expected to deliver ~$8 million annualised EBITDA in FY26
  • EPS accretive from first year of ownership
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