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Company News Summary

Ama Group Provides Acquisition Update

14 Jul 2017  |  11:00:00  |  Associate analysts  |  Increase  |  Decrease  |  

Original announcement: Acquisition Update

AMA Group announced the acquisition of a further seven Vehicle Repair Centres. These acquisitions will be funded using existing financial resources and are expected to have the following financial impact. The Incremental EBITDA (Total) is 1.84m. The Incremental Revenue (Total) is 22.50m. It has also acquired four other businesses without an earn-out: A&A Smash Repairs in Canberra A.C.T and City Crash Repairs in Townsville Qld.

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