SKS TECHNOLOGIES GROUP LIMITED — M&A Activity 2026

Jan 11, 2026

Market Release

12 January 2026

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Completion of Delta Elcom Acquisition

SKS Technologies Group Limited (ASX: SKS) is pleased to announce that further to its ASX announcement on 18 December 2025 it has today completed the acquisition of the business of Delta Elcom Pty Ltd, a specialist in data centre infrastructure and electrical solutions based in Sydney, NSW.

Delta Elcom is a specialist electrical and communications contractor delivering end-to-end solutions for complex infrastructure projects and has annual revenues of approximately $25 million. The company has extensive experience in data centre construction, network cabling, and integrated technology systems, providing design, installation, and maintenance services for clients across commercial, industrial, and mission-critical environments throughout Australia.

SKS Technologies Chief Executive Officer, Matthew Jinks, said, “Delta Elcom is the next logical step for SKS Technologies as a means of accelerating our plans for greater market share in the NSW data centre space as well as work in our traditional market sectors.”

The upfront cash consideration of $10.5 million has been paid to the vendor, and and the parties have agreed to the issue of 612,501 new ordinary shares in SKS to satisfy the $2 million share component of the consideration. The shares are intended to be issued today.

The purchase price is subject to the usual adjustments which will be finalised in coming weeks. There is also an additional earn-out component of up to $1.25m based on the financial performance of the business in calendar year 2026.

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Approved for release by the Board of SKS Technologies Group

Further Information:

Matthew Jinks Chief Executive Officer (03) 9289 5000

About SKS Technologies Group Limited (ASX: SKS)

SKS Technologies Group specialises in the design and installation of electrical technologies and digital infrastructure with a diversified service offering covering audio visual, communications and electrical solutions across Australia. SKS Technologies serves the full spectrum of industry sectors, including data centres, defence, mining, health, retail and commercial buildings.

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(ASX: SKS)