Latest Industrial Goods News

Supply Network Limited has reported strong preliminary FY2025 results with a near $40 million profit and a notable increase in its final dividend, signaling confidence ahead of audited figures.

Austal Limited has acknowledged a delayed filing of a director's interest notice due to an administrative oversight, prompting ASX scrutiny and a commitment to tighten compliance processes.

Pact Group Holdings confirms its voluntary delisting from the ASX effective mid-July, alongside a provisional FY25 trading update showing slight revenue growth driven by its Materials Handling segment.

Coventry Group Limited has appointed Nik Alpert as Acting Group CEO, while announcing the retirement of CFO Rod Jackson and the upcoming appointment of Patrick Maloney as his successor.

FOS Capital has completed its acquisition of Aldridge Traffic Systems, backed by a $3.7 million placement, marking a strategic expansion in the Australian lighting market.

F.F.I. Holdings Ltd has completed a non-renounceable entitlement offer, issuing over two million new shares and raising approximately $7.35 million before costs. The new shares will begin trading on the ASX from June 24, 2025.

FOS Capital has satisfied all conditions precedent for its acquisition of Aldridge Traffic Systems, moving the deal towards completion with a revised timetable for share placement.

Pact Group Holdings has completed a $775 million refinancing of its senior and subordinated debt, extending maturities and reducing near-term refinancing risk while maintaining growth capacity.

Engenco Limited’s board has unanimously recommended shareholders accept Elph Investments’ increased all-cash takeover offer of 31 cents per share, with major shareholders already on board and the acquirer nearing compulsory acquisition thresholds.

FOS Capital is set to acquire Aldridge Traffic Systems' street lighting assets for $3.1 million, backed by a $3.7 million equity raise to fund the deal and expansion plans.

PPK Group Limited has announced the resignation of CEO Marc Fenton, who will remain in his role for six months as the company prepares a leadership transition.

Elph Investments has raised and finalised its off-market takeover bid for Engenco Limited shares at $0.31 per share, applying to all shareholders including those who already accepted. This move signals a decisive step in the ongoing acquisition process.