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Symal Group Expands South Australian Footprint with $23.2M Davison Earthmovers Deal
8:42am on Friday 19th of December, 2025 AEDT
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Symal Group Expands South Australian Footprint with $23.2M Davison Earthmovers Deal
8:42am on Friday 19th of December, 2025 AEDT
Key Points
Symal acquires 80% of Davison Earthmovers for $23.2 million
Transaction funded entirely from existing cash reserves
Adds ~$7 million annualised EBITDA and $11 million in assets
Founder retains 20% stake with options for full ownership
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