Service Stream enters agreement to acquire RIE Group
Filed with ASX · · 1 page · English
Summary by 6ix AI
Service Stream Limited has announced an agreement to acquire RIE Group, a specialized high-voltage electrical and instrumentation business based in Queensland, subject to standard conditions precedent for such transactions. The acquisition aims to enhance Service Stream's capabilities and expand its geographical presence in the industrial services sector. An initial payment will be made, with potential additional cash consideration based on RIE's financial performance in the following fiscal year. The transaction is expected to be completed around August of the following year.
Written by 6ix AI from the company’s filing. How 6ix writes summaries
Earlier from Service Stream
- Service Stream Major Contracts Update
- FY26 Half Year Results Presentation
- FY26 Half Year Results ASX Announcement
- FY26 Appendix 4D and Half Year Report
- Managing Director's 2025 AGM Presentation
Later from Service Stream
- Service Stream completes RiE Group acquisition
- Becoming a substantial holder
- Dividend/Distribution - SSM
- Service Stream FY2026 Appendix 4G
- Service Stream Appendix 4E and FY2026 Annual Report
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