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Freightways Group Limited (ASX:FRW)

ALERT: Price-sensitive ASX Announcement for FRW
Current share price for FRW : $11.460 -0.74 (-6.07%)+
Announcement
Release
17 Dec 2025 7:30AM
Price at Release
$12.200
Full Release
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Summary
Freightways Group Limited has announced the acquisition of VT Freight Express Pty Ltd, an Australian company specializing in express delivery services. This acquisition, valued at A$71 million, is expected to enhance Freightways' presence in the Australian express market, specifically within the B2B segment. VT Freight Express, operating with an asset-light model, will maintain its leadership and brand identity post-acquisition, while benefiting from shared resources with Freightways. The transaction is anticipated to be 6% EPS accretive in the first year and will be funded through bank debt facilities.
Key Points
  • Freightways Group Limited to acquire VT Freight Express Pty Ltd.
  • Acquisition valued at A$71 million.
  • VT Freight Express specializes in B2B express delivery services.
  • VTFE operates with an asset-light model using contractors and leased facilities.
  • The acquisition will strengthen Freightways' B2B segment in Australia.
  • Transaction expected to be 6% EPS accretive from the first year.
  • Completion expected on or after 30 January 2026.
  • Funding through existing and new bank debt facilities.
IMPORTANT NOTE: This information is autogenerated and has not been reviewed for accuracy or completeness. You should refer to the full announcement here for further information.