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SHAPE Expands Retail Fitout Reach with $29.4 Million APS Acquisition

8:24am on Thursday 28th of May, 2026 AEST Construction
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SHAPE Expands Retail Fitout Reach with $29.4 Million APS Acquisition

8:24am on Thursday 28th of May, 2026 AEST
Key Points
  • Acquisition valued at $20.4 million upfront plus $9 million earn-out
  • APS delivers FY25 revenue of $32.5 million and $5.3 million EBITDA
  • Deal expected to be earnings accretive with 5-7% EPS uplift
  • Adds manufacturing and offshore procurement capabilities
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