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SOUTHERN CROSS ELECTRICAL ENGINEERING LTD — M&A Activity 2025
Apr 1, 2025
65884_rns_2025-04-01_c7415c94-17c4-4d5b-8364-478cb66bf592.pdf
M&A Activity
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ASX ANNOUNCEMENT & MEDIA RELEASE
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2 April 2025
Completion of Force Fire Holdings acquisition
Completion of acquisition
Southern Cross Electrical Engineering Limited (“SCEE Group”) is pleased to announce that further to its ASX announcement of 31 March 2025 it has now completed the acquisition of Force Fire Holdings Pty Ltd (“Force Fire”), a leading New South Wales and Queensland-based provider of fire safety solutions to the commercial and industrial sectors, effective 1 April 2025.
Force Fire provides specialised fire safety solutions, having both mechanical (“wet fire”) and electrical (“dry fire”) capabilities, by executing projects and services/minor works for a highly recurring client base, enjoying long term relationships with a diverse range of facility managers, property owners, and builders.
This acquisition aligns with SCEE’s strategy to add adjacent and complementary capabilities, and increase exposure to services and maintenance style works and recurring revenues. The fire sector is a natural and logical adjacency to SCEE’s core electrical competence and complementary communications, security, and manufacturing capabilities
The upfront cash consideration of $36.3m has been paid to the vendors.
Authorised for release by Graeme Dunn – SCEE Group Managing Director
Contact:
SCEE Group Head Office Level 15, 225 St Georges Terrace Perth WA 6000 T: +61 8 9236 8300
Jonas Fitzgerald Investor Relations, Lancaster Grove Capital E: [email protected] T: +61 427 104 488
Southern Cross Electrical Engineering Limited ABN 92 009 307 046 ASX: SXE
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