Latest Strategic Expansion News

Bendigo and Adelaide Bank has agreed to acquire RACQ Bank’s retail lending assets and deposits, expanding its customer base and enhancing geographic diversity. The deal is expected to be accretive to earnings and align with the bank’s 2030 return targets.

Nuix Limited has announced its acquisition of Paris-based graph intelligence firm Linkurious for up to €20 million, aiming to enhance its AI-driven data analytics capabilities and expand its global footprint.

Cash Converters has completed a $37.1 million acquisition of 29 franchise stores across Australia’s East Coast, aiming to boost earnings and operational efficiency from year one.

Chariot Resources has amended its acquisition agreement for a Nigerian lithium portfolio, securing financing and extending the closing deadline to May 2026. The move reinforces exclusivity protections and paves the way for a smoother transaction completion.

Galilee Energy has secured an option to acquire the Zydeco Gas Project in Louisiana, marking a strategic expansion into the US market, supported by a A$6.5 million capital raise to accelerate development.

Biotron Limited has completed a $1 million placement to fund the development of its newly acquired Sedarex Limited assets, marking a strategic expansion of its antiviral portfolio.

Verbrec Limited has completed a transformative acquisition of Alliance Automation, significantly expanding its digital capabilities and service footprint across Australia and New Zealand.

Ore Resources Ltd has secured an option to acquire a new tenement adjacent to its Randalls Gold Project, significantly expanding its landholdings and identifying promising drill targets with strong historical gold intercepts.

Veris Limited has completed the acquisition of Melbourne-based Mesh and a 50% stake in the Parsel digital platform, marking a strategic push into higher-margin digital advisory services.

EDU Holdings has significantly raised its FY25 financial outlook following strong enrolments and cost efficiencies, while announcing a selective buy-back of 12.5% of its shares from major investors.

Big River Industries Ltd (ASX, BRI) is set to acquire John’s Building Supplies, a leading Western Australian distributor, in a $17 million deal that promises immediate earnings accretion and strategic growth in the WA market.

Big River Industries is set to acquire John’s Building Supplies for up to $17 million, backed by a fully underwritten $10 million entitlement offer to fund the deal. This move strengthens Big River’s presence in Western Australia’s growing building materials market.