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