BPP: BPP - Acquisition of RBH Engineering
BABYLON PUMP & POWER LIMITED
- Babylon to acquire all shares of Boddington, W.A.-based specialist rental pump provider RBH Engineering Pty Ltd.
- Acquisition advances BPP's pump rental and water management strategy by adding circa 50 rental assets to the rental fleet.
- A$3.0m purchase price represents a multiple of 3 times expected EBITDA contribution, and will be funded by cash and vendor finance.
2022-12-29 11:45:00