STEALTH GROUP HOLDINGS ORD
Stealth Group Acquires Hardware & Building Traders To Create New Retail Option
Stealth Group (ASX: SGI) will spend $22 million to acquire Australian privately-owned buying group Hardware & Building Traders to create a market-leading alternative in hardware and industrial distribution.
Stealth Group enhances market presence with $9.5m acquisition of Force Technology
Stealth Group (ASX: SGI) has accelerated its direct-to-consumer strategy with the $9.5 million acquisition of wholesale mobile phone accessory distributor Force Technology International. Force markets its products through 3,310 retail reseller outlets across Australia, with approximately 48% of sales generated from its own-label and private-label products. It reported a $44m revenue for the 2024 financial […]
Stealth Global Holdings to make ‘synergistic acquisition’ of Brisbane-based C&L Tool Centre
Perth distribution group Stealth Global Holdings (ASX: SGI) has announced it will spend $3.83 million on the synergistic acquisition of Brisbane-based construction consumables supplier C&L Tool Centre. The purchase will be primarily debt funded through Stealth’s existing cash and debt facilities and will comprise $2.45m to be settled in cash on 1 December; $0.48m in […]