middle.news
Symal Expands Into South Australia with $23.2M Davison Earthmovers Deal
8:41am on Friday 19th of December, 2025 AEDT
•
Construction
Read Story
Symal Expands Into South Australia with $23.2M Davison Earthmovers Deal
8:41am on Friday 19th of December, 2025 AEDT
Key Points
Symal to acquire 80% of Davison Earthmovers for $23.2 million
Founder Paul Davison retains 20% stake and continues leading
Acquisition funded from Symal’s cash reserves
Expected annualised EBITDA of ~$7 million, EPS accretive from year one
Read Story
middle.
Tap to Read
Tap the card to read the full analysis
about
Symal (ASX:SYL)
OPEN ARTICLE