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Babylon Pumps $2.8M Sale to Sharpen Water Management Focus

7:04pm on Monday 19th of January, 2026 AEDT Industrial Services
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Babylon Pumps $2.8M Sale to Sharpen Water Management Focus

7:04pm on Monday 19th of January, 2026 AEDT
Key Points
  • Sale of Ausblast for $2.8 million cash
  • Transaction reduces net debt by approximately $1.5 million
  • Focus shifts to water management and rental platform
  • Sale implies 5.6x annualised EBITDA multiple
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