Stealth Group Holdings Ltd
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Stealth Group enhances market presence with $9.5m acquisition of Force Technology
Stealth Group (ASX: SGI) has accelerated its direct-to-consumer strategy with the $9.5 million acquisition of wholesale mobile phone accessory distributor Force Technology International. Force markets its products through 3,310 retail reseller outlets across Australia, with approximately 48% of sales generated from its own-label and private-label products. It reported a $44m revenue for the 2024 financial […]
Stealth Global Holdings to make ‘synergistic acquisition’ of Brisbane-based C&L Tool Centre
Perth distribution group Stealth Global Holdings (ASX: SGI) has announced it will spend $3.83 million on the synergistic acquisition of Brisbane-based construction consumables supplier C&L Tool Centre. The purchase will be primarily debt funded through Stealth’s existing cash and debt facilities and will comprise $2.45m to be settled in cash on 1 December; $0.48m in […]