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GENUSPLUS GROUP LTD — M&A Activity 2026
Mar 31, 2026
65005_rns_2026-03-31_f03720de-1a1e-4b5f-a9d5-79584d11c0b5.pdf
M&A Activity
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ASX Release 1 April 2026 For immediate release to the market
COMPLETION OF RAILTRAIN ACQUISITION
KEY POINTS
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GenusPlus has completed the acquisition of Railtrain Holdings Pty Ltd
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Acquisition allows GenusPlus to broaden its geographic and service capability in the rail sector, which has significant growth potential
National essential power and communications infrastructure provider GenusPlus Group Ltd ( ASX: GNP ) ( GenusPlus or the Company ) is pleased to advise that it has today completed the acquisition of Railtrain Holdings Pty Ltd ( Railtrain ) under the Share Purchase Agreement announced on 4 March 2026 ( Acquisition ).
The Acquisition enables GenusPlus to further expand into the significant rail systems sector following the acquisition of the MGC Group in 2025. The Acquisition adds critical scale and expands the geographical and service capability of the Company’s rail business and is expected to be immediately earnings accretive for GenusPlus.
The upfront consideration for the Acquisition was funded through the Company’s existing cash reserves and debt facility.
For more information:
INVESTOR ENQUIRIES
David Riches [email protected] +61 8 9390 6999
Damian Wright [email protected] +61 8 9390 6999
ABOUT GENUSPLUS
GenusPlus Group Ltd is an end-to-end specialist service provider for essential power and communications infrastructure. GenusPlus provides an integrated service offering to its customers in the resources, power, utilities and communications sectors across Australia.
For further information, go to www.genusplusgroup.com.au.
08 9390 6999 Level 1, 63-69 Abernethy Road, Belmont WA 6104 www.genus.com.au
GenusPlus Group Ltd | ABN 86 620 283 561
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