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Ashley Services to Acquire $162 Million Logistics Labour Hire Contracts

2:35pm on Thursday 25th of June, 2026 AEST Industrial Services
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Ashley Services to Acquire $162 Million Logistics Labour Hire Contracts

2:35pm on Thursday 25th of June, 2026 AEST
Key Points
  • Acquisition covers external labour hire contracts from a major logistics company
  • Purchase price set at 1% of sales over first two years post-completion
  • Deal expected to complete in July 2026
  • Transaction funded through cash flow and Westpac-backed banking facilities
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