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Connexion Mobility Acquires Hallam Road Automotive to Boost Earnings and Cut FX Risk

8:21am on Friday 22nd of May, 2026 AEST Automotive
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Connexion Mobility Acquires Hallam Road Automotive to Boost Earnings and Cut FX Risk

8:21am on Friday 22nd of May, 2026 AEST
Key Points
  • A$5 million acquisition including performance earn-out
  • 25-35% immediate EPS accretion expected
  • Reduces operational AUD/USD foreign exchange risk
  • Hallam Road Automotive’s strong local market position
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