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How Will IPD Group’s $37.5M Platinum Cables Deal Transform Its Mining Sector Reach?
10:02am on Tuesday 30th of December, 2025 AEDT
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Mining
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How Will IPD Group’s $37.5M Platinum Cables Deal Transform Its Mining Sector Reach?
10:02am on Tuesday 30th of December, 2025 AEDT
Key Points
Acquisition of Platinum Cables for $37.5 million upfront plus contingent earn-out
Strengthens IPD Group’s mining sector presence and customer relationships
Pro forma FY25 EPS accretion of approximately 11.5%
Transaction primarily debt-funded with limited shareholder dilution
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